Globe Sale Purchase Of Stock vs Free Cash Flow Analysis

GBE Stock   0.04  0  2.38%   
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 Sale Purchase Of Stock and its Free Cash Flow 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.

Sale Purchase Of Stock vs Free Cash Flow

Sale Purchase Of Stock vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globe Metals Mining Sale Purchase Of Stock account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Globe Metals' Sale Purchase Of Stock and Free Cash Flow is 0.19. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Free Cash Flow 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' Sale Purchase Of Stock and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Globe Metals Mining are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Sale Purchase Of Stock i.e., Globe Metals' Sale Purchase Of Stock and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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
 2021 2022 2023 2024 (projected)
Reconciled Depreciation60K22K19.8K26.4K
Interest Income2K347K399.1K419.0K

Globe Metals fundamental ratios Correlations

0.760.831.00.54-0.64-0.740.630.650.860.650.440.120.250.880.830.120.660.890.110.070.760.51-0.16-0.2-0.03
0.760.830.750.39-0.95-0.150.660.950.360.950.68-0.06-0.20.970.83-0.160.950.42-0.160.280.75-0.140.41-0.580.28
0.830.830.820.35-0.71-0.460.610.740.590.740.530.020.040.881.0-0.040.740.64-0.050.260.720.220.05-0.33-0.11
1.00.750.820.55-0.63-0.750.630.650.860.650.430.120.250.880.820.120.650.890.110.060.760.52-0.16-0.2-0.02
0.540.390.350.55-0.4-0.450.710.390.560.390.40.010.260.480.350.070.390.570.070.330.230.31-0.08-0.2-0.4
-0.64-0.95-0.71-0.63-0.40.0-0.78-1.0-0.19-1.0-0.720.160.26-0.89-0.710.32-1.0-0.280.31-0.32-0.640.24-0.50.63-0.31
-0.74-0.15-0.46-0.75-0.450.0-0.31-0.02-0.97-0.020.02-0.23-0.61-0.38-0.46-0.34-0.02-0.96-0.320.17-0.39-0.950.68-0.30.38
0.630.660.610.630.71-0.78-0.310.780.410.780.6-0.050.110.720.61-0.190.780.52-0.190.310.390.170.08-0.33-0.17
0.650.950.740.650.39-1.0-0.020.780.211.00.72-0.16-0.260.90.74-0.311.00.3-0.310.320.65-0.230.49-0.620.29
0.860.360.590.860.56-0.19-0.970.410.210.210.140.190.520.570.590.30.220.990.28-0.090.540.84-0.530.14-0.29
0.650.950.740.650.39-1.0-0.020.781.00.210.72-0.16-0.260.90.74-0.311.00.3-0.310.320.65-0.230.49-0.620.29
0.440.680.530.430.4-0.720.020.60.720.140.720.020.010.630.53-0.050.720.19-0.040.310.27-0.220.4-0.260.01
0.12-0.060.020.120.010.16-0.23-0.05-0.160.19-0.160.020.420.020.020.95-0.150.170.95-0.31-0.220.23-0.440.53-0.15
0.25-0.20.040.250.260.26-0.610.11-0.260.52-0.260.010.42-0.020.050.52-0.250.510.51-0.49-0.230.68-0.610.45-0.31
0.880.970.880.880.48-0.89-0.380.720.90.570.90.630.02-0.020.88-0.060.90.62-0.060.190.780.110.21-0.440.2
0.830.831.00.820.35-0.71-0.460.610.740.590.740.530.020.050.88-0.040.740.65-0.050.260.730.230.05-0.33-0.11
0.12-0.16-0.040.120.070.32-0.34-0.19-0.310.3-0.31-0.050.950.52-0.06-0.04-0.310.231.0-0.28-0.270.33-0.480.54-0.23
0.660.950.740.650.39-1.0-0.020.781.00.221.00.72-0.15-0.250.90.74-0.310.31-0.30.320.65-0.220.49-0.620.29
0.890.420.640.890.57-0.28-0.960.520.30.990.30.190.170.510.620.650.230.310.22-0.070.560.83-0.510.11-0.28
0.11-0.16-0.050.110.070.31-0.32-0.19-0.310.28-0.31-0.040.950.51-0.06-0.051.0-0.30.22-0.28-0.280.31-0.460.53-0.22
0.070.280.260.060.33-0.320.170.310.32-0.090.320.31-0.31-0.490.190.26-0.280.32-0.07-0.28-0.04-0.280.57-0.6-0.3
0.760.750.720.760.23-0.64-0.390.390.650.540.650.27-0.22-0.230.780.73-0.270.650.56-0.28-0.040.17-0.01-0.260.23
0.51-0.140.220.520.310.24-0.950.17-0.230.84-0.23-0.220.230.680.110.230.33-0.220.830.31-0.280.17-0.810.49-0.43
-0.160.410.05-0.16-0.08-0.50.680.080.49-0.530.490.4-0.44-0.610.210.05-0.480.49-0.51-0.460.57-0.01-0.81-0.830.48
-0.2-0.58-0.33-0.2-0.20.63-0.3-0.33-0.620.14-0.62-0.260.530.45-0.44-0.330.54-0.620.110.53-0.6-0.260.49-0.83-0.34
-0.030.28-0.11-0.02-0.4-0.310.38-0.170.29-0.290.290.01-0.15-0.310.2-0.11-0.230.29-0.28-0.22-0.30.23-0.430.48-0.34
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Globe Metals Account Relationship Matchups

Globe Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.0M32.7M30.9M30.9M33.0M21.9M
Other Current Liab250K337K302K114K30K28.5K
Total Current Liabilities312K382K1.4M967K275K433.8K
Total Stockholder Equity33.7M32.3M29.5M29.9M32.7M21.3M
Property Plant And Equipment Net183K294K286K102K31.7M33.3M
Net Debt(5.2M)(2.8M)616.0K581K(1.1M)(1.2M)
Retained Earnings(47.1M)(48.5M)(51.2M)(53.9M)(57.3M)(54.5M)
Accounts Payable62K21K10K28K245K257.3K
Cash5.2M2.8M431K244K1.1M1.1M
Non Current Assets Total28.6M29.7M30.3M30.5M31.7M33.3M
Cash And Short Term Investments5.2M2.8M431K244K1.1M1.1M
Net Receivables84K57K50K108K88K116.2K
Liabilities And Stockholders Equity34.0M32.7M30.9M30.9M33.0M36.4M
Other Current Assets116K104K114K50K57K63.9K
Total Liab312K404K1.4M967K275K434.8K
Property Plant And Equipment Gross28.5M30.3M30.9M30.8M35.5M23.7M
Total Current Assets5.4M3.0M595K402K1.3M1.2M
Accumulated Other Comprehensive Income34K18K(10K)129K511K447.6K
Property Plant Equipment28.5M29.7M30.2M30.5M35.0M23.6M
Inventory63K61K66K8K(88K)(83.6K)
Non Currrent Assets Other28.3M29.4M30.0M30.4M34.9M36.7M
Net Tangible Assets33.7M32.3M29.5M29.9M26.9M29.7M
Long Term Investments68K52K24K12K10.8K10.3K
Cash And Equivalents9.3M7.4M5.2M2.8M2.5M2.4M
Net Invested Capital33.7M32.3M30.5M30.7M27.7M27.1M
Net Working Capital5.1M2.6M(764K)(565K)(508.5K)(483.1K)

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Additional Tools for Globe Stock Analysis

When running Globe Metals' price analysis, check to 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 predict the probability of Globe Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Metals' price. Additionally, you may evaluate how the addition of Globe Metals to your portfolios can decrease your overall portfolio volatility.