Globe Total Stockholder Equity vs Total Liab Analysis

GBE Stock   0.03  0  9.09%   
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 Total Stockholder Equity and its Total Liab 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.

Total Stockholder Equity vs Total Liab

Total Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globe Metals Mining Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Globe Metals' Total Stockholder Equity and Total Liab is 0.76. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab 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' Total Stockholder Equity and Total Liab 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 Stockholder Equity of Globe Metals Mining are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Globe Metals' Total Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 gain to about 1.3 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 3.3 M in 2025.
 2022 2024 2025 (projected)
Reconciled Depreciation22K18.9K25.2K
Interest Income347K399.1K419.0K

Globe Metals fundamental ratios Correlations

0.040.771.00.6-0.59-0.770.610.60.850.60.180.140.050.260.770.170.610.880.140.080.710.55-0.22-0.15-0.13
0.040.320.03-0.06-0.590.450.250.59-0.330.590.890.12-0.450.70.320.010.59-0.30.050.39-0.02-0.610.76-0.540.4
0.770.320.760.29-0.71-0.420.540.740.510.740.360.01-0.250.391.0-0.060.740.56-0.070.250.730.190.07-0.34-0.06
1.00.030.760.6-0.59-0.780.60.590.850.590.170.150.060.260.760.170.60.880.150.070.70.56-0.23-0.15-0.13
0.6-0.060.290.6-0.35-0.490.70.340.630.340.220.040.290.210.290.150.340.640.110.320.190.36-0.15-0.14-0.5
-0.59-0.59-0.71-0.59-0.35-0.02-0.74-1.0-0.15-1.0-0.60.170.51-0.6-0.710.33-1.0-0.230.32-0.31-0.640.25-0.50.63-0.31
-0.770.45-0.42-0.78-0.49-0.02-0.270.01-0.970.010.24-0.25-0.50.22-0.42-0.380.0-0.95-0.340.16-0.36-0.940.7-0.330.44
0.610.250.540.60.7-0.74-0.270.730.390.730.480.00.030.260.54-0.120.730.49-0.140.360.290.150.09-0.34-0.23
0.60.590.740.590.34-1.00.010.730.151.00.6-0.16-0.520.60.74-0.321.00.23-0.320.310.65-0.250.5-0.630.31
0.85-0.330.510.850.63-0.15-0.970.390.150.15-0.10.210.44-0.060.510.330.160.990.3-0.060.450.87-0.580.19-0.41
0.60.590.740.590.34-1.00.010.731.00.150.6-0.16-0.520.60.74-0.321.00.23-0.320.310.65-0.250.5-0.630.31
0.180.890.360.170.22-0.60.240.480.6-0.10.60.07-0.290.670.360.020.6-0.060.030.5-0.11-0.380.66-0.590.15
0.140.120.010.150.040.17-0.250.0-0.160.21-0.160.070.650.10.010.94-0.160.180.95-0.31-0.220.24-0.450.54-0.17
0.05-0.45-0.250.060.290.51-0.50.03-0.520.44-0.52-0.290.65-0.47-0.250.71-0.510.420.68-0.35-0.40.67-0.820.81-0.6
0.260.70.390.260.21-0.60.220.260.6-0.060.60.670.1-0.470.390.070.6-0.070.10.30.28-0.470.63-0.70.44
0.770.321.00.760.29-0.71-0.420.540.740.510.740.360.01-0.250.39-0.060.740.56-0.060.250.730.190.07-0.34-0.06
0.170.01-0.060.170.150.33-0.38-0.12-0.320.33-0.320.020.940.710.07-0.06-0.320.281.0-0.26-0.280.37-0.510.55-0.29
0.610.590.740.60.34-1.00.00.731.00.161.00.6-0.16-0.510.60.74-0.320.24-0.310.310.66-0.240.49-0.630.3
0.88-0.30.560.880.64-0.23-0.950.490.230.990.23-0.060.180.42-0.070.560.280.240.24-0.040.470.86-0.560.16-0.41
0.140.05-0.070.150.110.32-0.34-0.14-0.320.3-0.320.030.950.680.1-0.061.0-0.310.24-0.27-0.290.33-0.480.54-0.25
0.080.390.250.070.32-0.310.160.360.31-0.060.310.5-0.31-0.350.30.25-0.260.31-0.04-0.27-0.05-0.260.54-0.59-0.29
0.71-0.020.730.70.19-0.64-0.360.290.650.450.65-0.11-0.22-0.40.280.73-0.280.660.47-0.29-0.050.140.01-0.270.25
0.55-0.610.190.560.360.25-0.940.15-0.250.87-0.25-0.380.240.67-0.470.190.37-0.240.860.33-0.260.14-0.830.5-0.51
-0.220.760.07-0.23-0.15-0.50.70.090.5-0.580.50.66-0.45-0.820.630.07-0.510.49-0.56-0.480.540.01-0.83-0.830.54
-0.15-0.54-0.34-0.15-0.140.63-0.33-0.34-0.630.19-0.63-0.590.540.81-0.7-0.340.55-0.630.160.54-0.59-0.270.5-0.83-0.37
-0.130.4-0.06-0.13-0.5-0.310.44-0.230.31-0.410.310.15-0.17-0.60.44-0.06-0.290.3-0.41-0.25-0.290.25-0.510.54-0.37
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Globe Metals Account Relationship Matchups

Globe Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets32.7M30.9M30.9M33.0M38.0M21.9M
Other Current Liab337K302K114K30K27K25.7K
Total Current Liabilities382K1.4M967K275K247.5K433.8K
Total Stockholder Equity32.3M29.5M29.9M32.7M37.7M21.3M
Property Plant And Equipment Net294K286K102K31.7M28.5M30.0M
Net Debt(2.8M)616.0K581K(1.1M)(1.3M)(1.4M)
Retained Earnings(48.5M)(51.2M)(53.9M)(57.3M)(51.6M)(49.0M)
Cash2.8M431K244K1.1M1.0M980.7K
Non Current Assets Total29.7M30.3M30.5M31.7M36.5M38.3M
Cash And Short Term Investments2.8M431K244K1.1M1.0M980.7K
Net Receivables57K50K108K88K79.2K127.1K
Liabilities And Stockholders Equity32.7M30.9M30.9M33.0M38.0M36.4M
Other Current Assets104K114K50K57K51.3K48.7K
Total Liab404K1.4M967K275K247.5K434.8K
Property Plant And Equipment Gross30.3M30.9M30.8M31.7M36.5M24.3M
Total Current Assets3.0M595K402K1.3M1.2M1.1M
Accumulated Other Comprehensive Income18K(10K)129K511K459.9K447.6K
Property Plant Equipment28.5M29.7M30.2M30.5M35.0M23.6M
Inventory61K66K8K(88K)(79.2K)(75.2K)
Non Currrent Assets Other28.3M29.4M30.0M30.4M34.9M36.7M
Net Tangible Assets33.7M32.3M29.5M29.9M26.9M29.7M
Long Term Investments52K24K12K8K7.2K6.8K
Net Invested Capital32.3M30.5M30.7M32.7M29.5M27.0M
Net Working Capital2.6M(764K)(565K)1.0M915.3K869.5K

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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.