Globe Metals financial indicator trend analysis is much more than just examining Globe Metals Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globe Metals Mining is a good investment. Please check the relationship between Globe Metals End Period Cash Flow and its Net Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Metals Mining. 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.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Globe Metals Mining End Period Cash Flow account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Globe Metals' End Period Cash Flow and Net Income is -0.49. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Globe Metals Mining, assuming nothing else is changed. The correlation between historical values of Globe Metals' End Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Globe Metals Mining are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., Globe Metals' End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | -0.49 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Globe Metals Mining financial statement analysis. It represents the amount of money remaining after all of Globe Metals Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Globe Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globe Metals Mining 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Metals Mining. 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 drop to about 1.3
M in 2024.
Issuance Of Capital Stock is likely to drop to about 831.2
K in 2024
Globe Metals fundamental ratios Correlations
Click cells to compare fundamentals
Globe Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globe Metals fundamental ratios Accounts
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Additional Tools for Globe Stock Analysis
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measure Globe Metals' 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 Globe Metals is operating at the current time. Most of Globe Metals' value examination focuses on studying past and present price action to
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