Global Net Receivables vs Good Will Analysis
GBLI Stock | USD 35.00 1.00 2.94% |
Global Indemnity financial indicator trend analysis is much more than just examining Global Indemnity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Indemnity PLC is a good investment. Please check the relationship between Global Indemnity Net Receivables and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity 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 bureau of economic analysis.
Net Receivables vs Good Will
Net Receivables vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Indemnity PLC Net Receivables account and Good Will. At this time, the significance of the direction appears to have totally related.
The correlation between Global Indemnity's Net Receivables and Good Will is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Good Will in the same time period over historical financial statements of Global Indemnity PLC, assuming nothing else is changed. The correlation between historical values of Global Indemnity's Net Receivables and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Global Indemnity PLC are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Receivables i.e., Global Indemnity's Net Receivables and Good Will go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Global Indemnity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Indemnity 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity 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 bureau of economic analysis. As of now, Global Indemnity's Selling General Administrative is increasing as compared to previous years. The Global Indemnity's current Tax Provision is estimated to increase to about 4.3 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 678.3M | 628.5M | 528.1M | 472.1M | Interest Expense | 10.5M | 3.0M | 12K | 11.4K |
Global Indemnity fundamental ratios Correlations
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Global Indemnity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Indemnity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 1.9B | 2.0B | 1.8B | 1.7B | 1.7B | |
Total Stockholder Equity | 726.8M | 718.3M | 706.6M | 626.2M | 648.8M | 738.3M | |
Other Assets | (978.8M) | (869.4M) | (839.2M) | (1.0B) | (630.2M) | (598.7M) | |
Common Stock Shares Outstanding | 14.3M | 14.3M | 14.7M | 14.5M | 13.7M | 19.4M | |
Liabilities And Stockholders Equity | 2.1B | 1.9B | 2.0B | 1.8B | 1.7B | 1.7B | |
Other Stockholder Equity | 438.4M | 445.1M | 446.9M | 431.8M | 422.6M | 459.7M | |
Total Liab | 296.6M | 126.3M | 145.5M | 1.2B | 1.1B | 1.1B | |
Other Liab | 409.6M | 759.9M | 808.8M | 548.2M | 493.4M | 618.8M | |
Retained Earnings | 270.8M | 235.0M | 249.3M | 233.5M | 245.0M | 282.8M | |
Accounts Payable | 20.4M | 8.9M | 35.3M | 17.2M | 2.6M | 2.5M | |
Cash | 44.3M | 67.4M | 78.3M | 38.8M | 38.0M | 36.1M | |
Short Term Investments | 1.3B | 1.2B | 1.2B | 1.2B | 660.1M | 758.0M | |
Net Debt | 252.4M | 58.9M | 67.2M | (23.1M) | (25.3M) | (24.0M) | |
Non Current Assets Total | 1.5B | 1.3B | 1.3B | 1.3B | 836.5M | 849.8M | |
Non Currrent Assets Other | (1.5B) | (1.3B) | (37.3M) | (47.1M) | (117.5M) | (123.4M) | |
Cash And Short Term Investments | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 947.6M | |
Net Receivables | 213.0M | 198.1M | 228.3M | 254.5M | 186.5M | 177.1M | |
Total Current Assets | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | 17.6M | 34.3M | 6.4M | (43.1M) | (22.9M) | (21.7M) | |
Short Long Term Debt Total | 306.9M | 126.4M | 271.9M | 15.7M | 12.7M | 12.1M | |
Long Term Debt | 288.6M | 296.6M | 126.3M | 126.4M | 145.4M | 154.8M | |
Non Current Liabilities Total | 296.6M | 126.3M | 145.5M | 1.1B | 1.1B | 1.1B | |
Other Current Liab | 631.0M | 667.5M | 760.7M | 832.5M | 850.6M | 893.1M | |
Total Current Liabilities | 651.4M | 676.4M | 796.0M | 47.1M | 854.8M | 897.6M | |
Intangible Assets | 21.5M | 21.0M | 20.3M | 14.8M | 14.5M | 15.6M | |
Other Current Assets | 341.5M | 369.2M | 438.6M | 443.4M | 5.0M | 4.7M | |
Retained Earnings Total Equity | 270.8M | 235.0M | 249.3M | 233.5M | 210.1M | 225.3M | |
Inventory | (341.5M) | (369.2M) | (438.6M) | (443.4M) | (140.2M) | (147.2M) | |
Net Tangible Assets | 698.8M | 686.8M | 677.0M | 602.6M | 542.3M | 579.1M | |
Long Term Debt Total | 288.6M | 296.6M | 126.3M | 126.4M | 145.4M | 213.5M | |
Capital Surpluse | 442.4M | 445.1M | 447.4M | 451.3M | 406.2M | 375.8M | |
Long Term Investments | 1.6B | 1.4B | 1.3B | 1.3B | 1.3B | 1.1B | |
Non Current Liabilities Other | 1.1B | 1.1B | 1.2B | 1.2B | 1.4B | 1.1B | |
Short Term Debt | 10.3M | 126.3K | 145.5M | 849.7M | 977.2M | 1.0B |
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When determining whether Global Indemnity PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Indemnity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Indemnity Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Indemnity Plc Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity 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 bureau of economic analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Indemnity. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.673 | Dividend Share 1.3 | Earnings Share 2.91 | Revenue Per Share 32.539 | Quarterly Revenue Growth (0.11) |
The market value of Global Indemnity PLC is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Global Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Indemnity's market value can be influenced by many factors that don't directly affect Global Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.