GlobalData Total Current Liabilities vs Selling General Administrative Analysis

DATA Stock   202.00  1.00  0.49%   
GlobalData PLC financial indicator trend analysis is much more than just examining GlobalData PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlobalData PLC is a good investment. Please check the relationship between GlobalData PLC Total Current Liabilities and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in GlobalData PLC. 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 Liabilities vs Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GlobalData PLC Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GlobalData PLC's Total Current Liabilities and Selling General Administrative is 0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of GlobalData PLC, assuming nothing else is changed. The correlation between historical values of GlobalData PLC's Total Current Liabilities and Selling General Administrative 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 Liabilities of GlobalData PLC are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., GlobalData PLC's Total Current Liabilities and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on GlobalData PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GlobalData PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Selling General Administrative

Most indicators from GlobalData PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlobalData PLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in GlobalData PLC. 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.
At this time, GlobalData PLC's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 11.2 M in 2024, whereas Discontinued Operations is likely to drop (1.5 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.6M17.6M29.8M31.3M
Depreciation And Amortization13.3M16.5M16.8M17.6M

GlobalData PLC fundamental ratios Correlations

0.290.990.760.760.930.970.180.830.530.930.790.930.861.00.76-0.690.660.68-0.440.90.940.470.93-0.250.9
0.290.330.440.270.390.30.46-0.140.120.46-0.130.250.250.270.280.190.350.49-0.160.00.39-0.390.27-0.710.31
0.990.330.790.710.960.950.230.790.560.940.740.90.830.980.71-0.610.710.69-0.390.860.950.430.89-0.220.87
0.760.440.790.490.760.790.230.470.210.820.370.770.610.750.49-0.40.370.31-0.390.590.78-0.120.77-0.210.77
0.760.270.710.490.670.82-0.330.680.140.680.670.810.760.741.0-0.690.450.46-0.610.810.820.340.84-0.560.82
0.930.390.960.760.670.880.20.660.580.90.620.810.810.920.67-0.470.790.64-0.360.740.960.350.81-0.190.79
0.970.30.950.790.820.880.080.790.30.940.720.990.910.960.82-0.720.50.56-0.630.910.940.330.99-0.320.98
0.180.460.230.23-0.330.20.08-0.120.40.28-0.120.040.030.2-0.330.260.220.510.24-0.110.05-0.090.010.050.02
0.83-0.140.790.470.680.660.79-0.120.490.630.990.770.620.840.68-0.860.50.55-0.250.960.710.740.76-0.120.69
0.530.120.560.210.140.580.30.40.490.350.550.20.20.550.14-0.220.810.710.440.350.410.660.180.080.11
0.930.460.940.820.680.90.940.280.630.350.570.920.880.920.68-0.480.560.59-0.570.770.90.230.92-0.310.92
0.79-0.130.740.370.670.620.72-0.120.990.550.570.70.560.80.67-0.820.530.61-0.170.920.660.810.69-0.180.62
0.930.250.90.770.810.810.990.040.770.20.920.70.920.930.81-0.740.40.49-0.70.910.890.291.0-0.310.99
0.860.250.830.610.760.810.910.030.620.20.880.560.920.850.76-0.640.430.45-0.780.80.840.30.92-0.240.92
1.00.270.980.750.740.920.960.20.840.550.920.80.930.850.74-0.70.640.69-0.420.910.920.490.92-0.240.89
0.760.280.710.491.00.670.82-0.330.680.140.680.670.810.760.74-0.690.450.46-0.610.810.820.340.84-0.560.82
-0.690.19-0.61-0.4-0.69-0.47-0.720.26-0.86-0.22-0.48-0.82-0.74-0.64-0.7-0.69-0.18-0.350.45-0.88-0.58-0.54-0.740.16-0.7
0.660.350.710.370.450.790.50.220.50.810.560.530.40.430.640.45-0.180.710.10.450.690.50.4-0.170.35
0.680.490.690.310.460.640.560.510.550.710.590.610.490.450.690.46-0.350.710.020.530.590.540.49-0.450.44
-0.44-0.16-0.39-0.39-0.61-0.36-0.630.24-0.250.44-0.57-0.17-0.7-0.78-0.42-0.610.450.10.02-0.5-0.50.12-0.710.3-0.76
0.90.00.860.590.810.740.91-0.110.960.350.770.920.910.80.910.81-0.880.450.53-0.50.820.60.91-0.240.87
0.940.390.950.780.820.960.940.050.710.410.90.660.890.840.920.82-0.580.690.59-0.50.820.30.9-0.310.88
0.47-0.390.43-0.120.340.350.33-0.090.740.660.230.810.290.30.490.34-0.540.50.540.120.60.30.280.090.19
0.930.270.890.770.840.810.990.010.760.180.920.691.00.920.920.84-0.740.40.49-0.710.910.90.28-0.340.99
-0.25-0.71-0.22-0.21-0.56-0.19-0.320.05-0.120.08-0.31-0.18-0.31-0.24-0.24-0.560.16-0.17-0.450.3-0.24-0.310.09-0.34-0.34
0.90.310.870.770.820.790.980.020.690.110.920.620.990.920.890.82-0.70.350.44-0.760.870.880.190.99-0.34
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GlobalData PLC Account Relationship Matchups

GlobalData PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets365.9M357.2M459.6M511.6M492.3M516.9M
Other Current Liab2.1M1.9M4.6M129.2M21.8M22.6M
Total Current Liabilities108.0M111.2M128M145.8M144.3M151.5M
Other Liab5.3M1.7M800K9.3M10.7M11.2M
Cash11.2M17.7M22.6M34M19.8M20.8M
Net Receivables41.4M41.2M51.2M54.4M54.8M57.5M
Total Liab214.5M219.5M353.3M463.3M434.5M456.2M
Property Plant Equipment47.4M43.5M35.3M31M35.7M37.4M
Total Stockholder Equity151.4M137.7M106.3M48.3M57.8M43.3M
Intangible Assets33.4M24.8M55.9M69M61.7M64.8M
Property Plant And Equipment Net47.4M43.5M35.3M31M26.6M27.9M
Net Debt99.9M98M211M279.6M269.6M283.1M
Retained Earnings34.0M31.3M217.3M167.8M169.3M177.8M
Non Current Assets Total308.0M291.8M385.2M413.4M402.8M422.9M
Cash And Short Term Investments11.2M17.7M22.6M34M19.8M20.8M
Common Stock Shares Outstanding898.1M891.4M878.6M832.5M818.2M510.7M
Liabilities And Stockholders Equity365.9M357.2M459.6M511.6M492.3M516.9M
Other Current Assets46.7M47.7M51.8M64.2M14.9M16.6M
Other Stockholder Equity117.3M106.3M(111.1M)(119.6M)(109.6M)(104.1M)
Property Plant And Equipment Gross47.4M43.5M52.8M55M54.6M57.3M
Total Current Assets57.9M65.4M74.4M98.2M89.5M94.0M
Accounts Payable96.0M100.2M114.3M11.2M10.8M20.7M
Non Current Liabilities Total106.5M108.3M225.3M317.5M290.2M304.7M
Non Currrent Assets Other1.9M900K100K(411.1M)61.7M64.8M
Long Term Debt60.5M70.8M195.2M283.6M263.7M276.9M
Good Will216.8M217.2M291.8M311.1M357.8M375.7M
Short Long Term Debt Total111.1M115.7M233.6M313.6M289.4M303.9M
Inventory6K0.0(41K)(58M)(52.2M)(49.6M)
Accumulated Other Comprehensive Income(10.6M)(16.9M)(300K)(4.6M)(2M)(2.1M)
Current Deferred Revenue68.6M74.7M81.4M104M104.6M109.8M
Other Assets10.6M6.3M2.2M2.3M2.6M4.7M
Net Tangible Assets(98.5M)(104.3M)(241.4M)(331.8M)(298.6M)(283.7M)
Treasury Stock(2.3M)(19.1M)(11.0M)(21.4M)(19.3M)(18.3M)
Net Invested Capital217.9M213.5M306.5M331.9M321.5M273.7M

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