0IW3 Stock | | | 7.56 0.21 2.86% |
Global Net financial indicator trend analysis is much more than just examining Global Net Lease latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Net Lease is a good investment. Please check the relationship between Global Net Non Current Assets Total and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Global Net Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Non Current Assets Total vs Property Plant And Equipment Net
Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Global Net Lease Non Current Assets Total account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Global Net's Non Current Assets Total and Property Plant And Equipment Net is 0.82. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Global Net Lease, assuming nothing else is changed. The correlation between historical values of Global Net's Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Global Net Lease are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., Global Net's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Global Net's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Net Lease current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Global Net Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 42.2
M in 2024, whereas
Tax Provision is likely to drop slightly above 4.2
M in 2024.
Global Net fundamental ratios Correlations
Click cells to compare fundamentals
Global Net Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Net fundamental ratios Accounts
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Additional Tools for Global Stock Analysis
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predict the probability of Global Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Net's price. Additionally, you may evaluate how the addition of Global Net to your portfolios can decrease your overall portfolio volatility.