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 Other Current Assets and its Other Assets 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.
Other Current Assets vs Other Assets
Other Current Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Global Net Lease Other Current Assets account and
Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Global Net's Other Current Assets and Other Assets is -0.85. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Assets 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 Other Current Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Global Net Lease are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Assets i.e., Global Net's Other Current Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Other Assets
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
When running Global Net's price analysis, check to
measure Global Net's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Net is operating at the current time. Most of Global Net's value examination focuses on studying past and present price action to
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.