Global Retained Earnings vs Inventory Analysis

GDC Stock

1.43 0.01 0.70%

Global Data financial indicator trend analysis is much more than just examining Global Data Centre latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Data Centre is a good investment. Please check the relationship between Global Data Retained Earnings and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Data Centre. 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.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Data Centre Retained Earnings account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Global Data's Retained Earnings and Inventory is -0.43. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory in the same time period over historical financial statements of Global Data Centre, assuming nothing else is changed. The correlation between historical values of Global Data's Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Global Data Centre are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Global Data's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Inventory

Most indicators from Global Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Data Centre 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 Data Centre. 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.

Tax Provision is likely to gain to about (1.5 M) in 2024. Selling General Administrative is likely to drop to about 1 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	5.4M	11.4M	19.1M	20.0M
Interest Income	2.7M	2.8M	2.5M	3.7M

Depreciation And Amortization Interest Income

Global Data fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Capital Stock	Intangible Assets	Common Stock	Other Assets	Property Plant And Equipment Gross
Total Assets		-0.69	0.78	0.82	0.83	0.96	0.51	0.51	-0.72	0.93	-0.88	-0.72	0.83	0.82	0.86	-0.4	0.44	0.4	0.89	0.78	0.19	0.82	0.83	0.82	0.8	0.83
Other Current Liab	-0.69		-0.99	-0.22	-0.28	-0.7	0.2	-0.97	0.17	-0.79	0.84	0.17	-0.85	-0.22	-0.84	-0.01	0.26	-0.22	-0.9	-0.22	0.26	-0.22	-0.24	-0.2	-0.24	-0.28
Total Current Liabilities	0.78	-0.99		0.36	0.43	0.76	-0.04	0.92	-0.27	0.83	-0.92	-0.27	0.85	0.36	0.86	-0.05	-0.11	0.34	0.93	0.32	-0.14	0.35	0.38	0.34	0.38	0.43
Total Stockholder Equity	0.82	-0.22	0.36		0.92	0.72	0.83	0.01	-0.78	0.59	-0.6	-0.78	0.46	0.99	0.49	-0.41	0.77	0.48	0.52	0.86	0.65	0.99	0.89	0.99	0.87	0.92
Property Plant And Equipment Net	0.83	-0.28	0.43	0.92		0.69	0.88	0.05	-0.69	0.62	-0.71	-0.69	0.42	0.92	0.47	-0.38	0.82	0.68	0.51	0.72	0.58	0.89	0.92	0.9	0.91	1.0
Net Debt	0.96	-0.7	0.76	0.72	0.69		0.37	0.54	-0.79	0.97	-0.78	-0.79	0.86	0.7	0.87	-0.41	0.3	0.23	0.92	0.83	-0.02	0.74	0.77	0.74	0.73	0.69
Retained Earnings	0.51	0.2	-0.04	0.83	0.88	0.37		-0.43	-0.66	0.26	-0.32	-0.66	-0.01	0.81	0.06	-0.43	0.98	0.6	0.07	0.66	0.7	0.79	0.84	0.81	0.85	0.88
Accounts Payable	0.51	-0.97	0.92	0.01	0.05	0.54	-0.43		0.04	0.65	-0.69	0.04	0.8	0.02	0.76	0.15	-0.49	0.05	0.82	0.02	-0.39	0.02	-0.01	0.0	-0.01	0.05
Cash	-0.72	0.17	-0.27	-0.78	-0.69	-0.79	-0.66	0.04		-0.65	0.42	1.0	-0.39	-0.71	-0.43	0.52	-0.62	-0.3	-0.49	-0.98	-0.18	-0.78	-0.9	-0.78	-0.87	-0.69
Non Current Assets Total	0.93	-0.79	0.83	0.59	0.62	0.97	0.26	0.65	-0.65		-0.82	-0.65	0.9	0.58	0.91	-0.37	0.18	0.21	0.95	0.68	-0.18	0.6	0.68	0.61	0.64	0.62
Non Currrent Assets Other	-0.88	0.84	-0.92	-0.6	-0.71	-0.78	-0.32	-0.69	0.42	-0.82		0.42	-0.74	-0.61	-0.81	0.28	-0.28	-0.54	-0.85	-0.47	-0.16	-0.56	-0.64	-0.56	-0.66	-0.71
Cash And Short Term Investments	-0.72	0.17	-0.27	-0.78	-0.69	-0.79	-0.66	0.04	1.0	-0.65	0.42		-0.39	-0.71	-0.43	0.52	-0.62	-0.3	-0.49	-0.98	-0.18	-0.78	-0.9	-0.78	-0.87	-0.69
Net Receivables	0.83	-0.85	0.85	0.46	0.42	0.86	-0.01	0.8	-0.39	0.9	-0.74	-0.39		0.48	0.96	-0.17	-0.1	-0.02	0.97	0.49	-0.19	0.51	0.39	0.5	0.33	0.42
Common Stock Shares Outstanding	0.82	-0.22	0.36	0.99	0.92	0.7	0.81	0.02	-0.71	0.58	-0.61	-0.71	0.48		0.53	-0.45	0.77	0.43	0.52	0.8	0.66	0.99	0.85	0.99	0.82	0.92
Non Current Liabilities Total	0.86	-0.84	0.86	0.49	0.47	0.87	0.06	0.76	-0.43	0.91	-0.81	-0.43	0.96	0.53		-0.41	0.02	-0.02	0.96	0.53	-0.15	0.53	0.48	0.52	0.43	0.47
Inventory	-0.4	-0.01	-0.05	-0.41	-0.38	-0.41	-0.43	0.15	0.52	-0.37	0.28	0.52	-0.17	-0.45	-0.41		-0.55	0.16	-0.23	-0.56	-0.08	-0.4	-0.59	-0.41	-0.56	-0.38
Other Current Assets	0.44	0.26	-0.11	0.77	0.82	0.3	0.98	-0.49	-0.62	0.18	-0.28	-0.62	-0.1	0.77	0.02	-0.55		0.53	0.0	0.62	0.7	0.72	0.82	0.74	0.83	0.82
Other Stockholder Equity	0.4	-0.22	0.34	0.48	0.68	0.23	0.6	0.05	-0.3	0.21	-0.54	-0.3	-0.02	0.43	-0.02	0.16	0.53		0.15	0.23	0.52	0.38	0.54	0.4	0.62	0.68
Total Liab	0.89	-0.9	0.93	0.52	0.51	0.92	0.07	0.82	-0.49	0.95	-0.85	-0.49	0.97	0.52	0.96	-0.23	0.0	0.15		0.56	-0.15	0.54	0.52	0.53	0.48	0.51
Long Term Investments	0.78	-0.22	0.32	0.86	0.72	0.83	0.66	0.02	-0.98	0.68	-0.47	-0.98	0.49	0.8	0.53	-0.56	0.62	0.23	0.56		0.27	0.86	0.89	0.86	0.85	0.72
Total Current Assets	0.19	0.26	-0.14	0.65	0.58	-0.02	0.7	-0.39	-0.18	-0.18	-0.16	-0.18	-0.19	0.66	-0.15	-0.08	0.7	0.52	-0.15	0.27		0.6	0.4	0.6	0.42	0.58
Capital Stock	0.82	-0.22	0.35	0.99	0.89	0.74	0.79	0.02	-0.78	0.6	-0.56	-0.78	0.51	0.99	0.53	-0.4	0.72	0.38	0.54	0.86	0.6		0.85	1.0	0.81	0.89
Intangible Assets	0.83	-0.24	0.38	0.89	0.92	0.77	0.84	-0.01	-0.9	0.68	-0.64	-0.9	0.39	0.85	0.48	-0.59	0.82	0.54	0.52	0.89	0.4	0.85		0.87	0.99	0.92
Common Stock	0.82	-0.2	0.34	0.99	0.9	0.74	0.81	0.0	-0.78	0.61	-0.56	-0.78	0.5	0.99	0.52	-0.41	0.74	0.4	0.53	0.86	0.6	1.0	0.87		0.83	0.9
Other Assets	0.8	-0.24	0.38	0.87	0.91	0.73	0.85	-0.01	-0.87	0.64	-0.66	-0.87	0.33	0.82	0.43	-0.56	0.83	0.62	0.48	0.85	0.42	0.81	0.99	0.83		0.91
Property Plant And Equipment Gross	0.83	-0.28	0.43	0.92	1.0	0.69	0.88	0.05	-0.69	0.62	-0.71	-0.69	0.42	0.92	0.47	-0.38	0.82	0.68	0.51	0.72	0.58	0.89	0.92	0.9	0.91

Click cells to compare fundamentals

Global Data Account Relationship Matchups

Global Data fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	112.5M	163.8M	200.6M	331.3M	212.6M	207.4M
Total Stockholder Equity	108.9M	128.3M	149.1M	164.7M	200.2M	158.0M
Net Debt	(66.3M)	(411K)	(3.9M)	55.0M	(17.9M)	(18.8M)
Retained Earnings	(1.7M)	6.4M	7.0M	6.9M	56.7M	59.5M
Cash	66.3M	21.3M	43.1M	34.2M	27.9M	33.0M
Non Current Assets Total	45.9M	137.3M	147.4M	278.2M	73.4M	135.2M
Non Currrent Assets Other	(45.9M)	(748K)	(384K)	(278.2M)	(73.4M)	(77.1M)
Cash And Short Term Investments	66.3M	21.3M	43.1M	34.2M	27.9M	33.0M
Net Receivables	190K	2.1M	9.5M	14.7M	298K	283.1K
Liabilities And Stockholders Equity	112.5M	163.8M	200.6M	331.3M	212.6M	207.4M
Total Liab	3.2M	26.2M	49.6M	123.5M	12.4M	11.8M
Long Term Investments	44.9M	111.1M	87.8M	97.5M	112.1M	87.3M
Total Current Assets	66.5M	23.4M	52.8M	49.0M	139.2M	70.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Global Stock Analysis

When running Global Data's price analysis, check to measure Global Data's 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 Global Data is operating at the current time. Most of Global Data's value examination focuses on studying past and present price action to predict the probability of Global Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Data's price. Additionally, you may evaluate how the addition of Global Data to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC