0IW3 Stock | | | 7.63 0.07 0.93% |
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 Total Current Assets and its Short Term Investments 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.
Total Current Assets vs Short Term Investments
Total Current Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Global Net Lease Total Current Assets account and
Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Global Net's Total Current Assets and Short Term Investments is 0.4. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments 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 Total Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Global Net Lease are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Global Net's Total Current Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Short Term Investments
Short Term Investments is an item under the current assets section of Global Net balance sheet. It contains any investments Global Net Lease undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Global Net Lease can easily liquidate in the marketplace.
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.