Global Net Debt vs Other Current Assets Analysis

GIC Stock

USD 27.93 0.62 2.27%

Global Industrial financial indicator trend analysis is much more than just examining Global Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Industrial is a good investment. Please check the relationship between Global Industrial Net Debt and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Industrial Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Industrial Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between Global Industrial's Net Debt and Other Current Assets is 0.04. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Global Industrial Co, assuming nothing else is changed. The correlation between historical values of Global Industrial's Net Debt and Other Current Assets 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 Debt of Global Industrial Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Global Industrial's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Global Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Industrial 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 Industrial Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At present, Global Industrial's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 5 M.

	2022	2023	2024 (projected)
Interest Expense	1.1M	990K	1.0M
Depreciation And Amortization	3.9M	6.4M	7.8M

Interest Expense Depreciation And Amortization

Global Industrial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity
Total Assets		-0.56	0.03	0.93	0.92	-0.09	0.67	-0.5	0.93	0.9	0.47	0.12	0.91	0.47	0.93	-0.43	-0.33	0.89	0.48	-0.48	0.95	-0.08	0.98	-0.43	0.24	-0.14
Short Long Term Debt Total	-0.56		0.03	-0.61	-0.59	0.54	-0.33	0.63	-0.65	-0.77	-0.47	0.43	-0.7	-0.47	-0.69	0.64	0.8	-0.41	-0.4	0.86	-0.53	0.65	-0.64	0.81	-0.13	0.48
Other Current Liab	0.03	0.03		0.26	-0.18	-0.43	-0.26	-0.6	-0.17	-0.04	0.68	-0.4	-0.16	0.68	-0.16	-0.09	-0.35	-0.17	-0.23	-0.16	0.22	-0.4	0.1	-0.36	-0.06	-0.16
Total Current Liabilities	0.93	-0.61	0.26		0.75	-0.36	0.52	-0.73	0.77	0.9	0.71	-0.18	0.83	0.71	0.89	-0.46	-0.5	0.71	0.29	-0.57	0.98	-0.32	0.97	-0.6	0.05	-0.26
Total Stockholder Equity	0.92	-0.59	-0.18	0.75		0.04	0.7	-0.32	0.99	0.83	0.25	0.28	0.87	0.25	0.86	-0.47	-0.31	0.93	0.64	-0.48	0.76	-0.02	0.88	-0.37	0.43	-0.11
Property Plant And Equipment Net	-0.09	0.54	-0.43	-0.36	0.04		0.35	0.77	-0.05	-0.29	-0.67	0.89	-0.04	-0.67	-0.19	0.14	0.85	0.2	0.07	0.66	-0.2	0.84	-0.25	0.77	0.11	0.35
Current Deferred Revenue	0.67	-0.33	-0.26	0.52	0.7	0.35		0.02	0.66	0.6	-0.07	0.32	0.72	-0.07	0.64	-0.44	-0.02	0.85	0.5	-0.27	0.59	0.12	0.61	-0.04	0.06	-0.31
Net Debt	-0.5	0.63	-0.6	-0.73	-0.32	0.77	0.02		-0.35	-0.65	-0.97	0.63	-0.37	-0.97	-0.47	0.56	0.82	-0.16	0.04	0.65	-0.65	0.79	-0.62	0.9	0.16	0.42
Retained Earnings	0.93	-0.65	-0.17	0.77	0.99	-0.05	0.66	-0.35		0.83	0.27	0.19	0.89	0.27	0.88	-0.41	-0.36	0.92	0.66	-0.56	0.76	-0.05	0.9	-0.41	0.46	-0.13
Accounts Payable	0.9	-0.77	-0.04	0.9	0.83	-0.29	0.6	-0.65	0.83		0.58	-0.12	0.88	0.58	0.93	-0.7	-0.55	0.73	0.31	-0.63	0.89	-0.4	0.92	-0.68	0.05	-0.37
Cash	0.47	-0.47	0.68	0.71	0.25	-0.67	-0.07	-0.97	0.27	0.58		-0.56	0.29	1.0	0.4	-0.49	-0.68	0.11	-0.14	-0.49	0.65	-0.69	0.58	-0.8	-0.23	-0.34
Non Current Assets Total	0.12	0.43	-0.4	-0.18	0.28	0.89	0.32	0.63	0.19	-0.12	-0.56		0.13	-0.56	0.0	0.12	0.73	0.35	0.21	0.58	-0.04	0.84	-0.05	0.67	0.4	0.56
Non Currrent Assets Other	0.91	-0.7	-0.16	0.83	0.87	-0.04	0.72	-0.37	0.89	0.88	0.29	0.13		0.29	0.93	-0.49	-0.31	0.84	0.52	-0.55	0.84	-0.08	0.89	-0.41	0.26	-0.2
Cash And Short Term Investments	0.47	-0.47	0.68	0.71	0.25	-0.67	-0.07	-0.97	0.27	0.58	1.0	-0.56	0.29		0.4	-0.49	-0.68	0.11	-0.14	-0.49	0.65	-0.69	0.58	-0.8	-0.23	-0.34
Net Receivables	0.93	-0.69	-0.16	0.89	0.86	-0.19	0.64	-0.47	0.88	0.93	0.4	0.0	0.93	0.4		-0.44	-0.38	0.8	0.4	-0.52	0.89	-0.16	0.94	-0.46	0.18	-0.17
Common Stock Shares Outstanding	-0.43	0.64	-0.09	-0.46	-0.47	0.14	-0.44	0.56	-0.41	-0.7	-0.49	0.12	-0.49	-0.49	-0.44		0.52	-0.34	-0.03	0.46	-0.49	0.57	-0.46	0.68	0.15	0.54
Non Current Liabilities Total	-0.33	0.8	-0.35	-0.5	-0.31	0.85	-0.02	0.82	-0.36	-0.55	-0.68	0.73	-0.31	-0.68	-0.38	0.52		-0.13	-0.19	0.86	-0.36	0.9	-0.46	0.92	-0.04	0.52
Inventory	0.89	-0.41	-0.17	0.71	0.93	0.2	0.85	-0.16	0.92	0.73	0.11	0.35	0.84	0.11	0.8	-0.34	-0.13		0.64	-0.39	0.75	0.14	0.84	-0.18	0.35	-0.17
Other Current Assets	0.48	-0.4	-0.23	0.29	0.64	0.07	0.5	0.04	0.66	0.31	-0.14	0.21	0.52	-0.14	0.4	-0.03	-0.19	0.64		-0.44	0.26	0.09	0.44	-0.07	0.41	-0.07
Other Stockholder Equity	-0.48	0.86	-0.16	-0.57	-0.48	0.66	-0.27	0.65	-0.56	-0.63	-0.49	0.58	-0.55	-0.49	-0.52	0.46	0.86	-0.39	-0.44		-0.45	0.71	-0.58	0.84	-0.17	0.64
Total Liab	0.95	-0.53	0.22	0.98	0.76	-0.2	0.59	-0.65	0.76	0.89	0.65	-0.04	0.84	0.65	0.89	-0.49	-0.36	0.75	0.26	-0.45		-0.21	0.96	-0.5	0.01	-0.21
Property Plant And Equipment Gross	-0.08	0.65	-0.4	-0.32	-0.02	0.84	0.12	0.79	-0.05	-0.4	-0.69	0.84	-0.08	-0.69	-0.16	0.57	0.9	0.14	0.09	0.71	-0.21		-0.23	0.89	0.28	0.67
Total Current Assets	0.98	-0.64	0.1	0.97	0.88	-0.25	0.61	-0.62	0.9	0.92	0.58	-0.05	0.89	0.58	0.94	-0.46	-0.46	0.84	0.44	-0.58	0.96	-0.23		-0.55	0.17	-0.24
Short Term Debt	-0.43	0.81	-0.36	-0.6	-0.37	0.77	-0.04	0.9	-0.41	-0.68	-0.8	0.67	-0.41	-0.8	-0.46	0.68	0.92	-0.18	-0.07	0.84	-0.5	0.89	-0.55		0.06	0.61
Intangible Assets	0.24	-0.13	-0.06	0.05	0.43	0.11	0.06	0.16	0.46	0.05	-0.23	0.4	0.26	-0.23	0.18	0.15	-0.04	0.35	0.41	-0.17	0.01	0.28	0.17	0.06		0.32
Common Stock Total Equity	-0.14	0.48	-0.16	-0.26	-0.11	0.35	-0.31	0.42	-0.13	-0.37	-0.34	0.56	-0.2	-0.34	-0.17	0.54	0.52	-0.17	-0.07	0.64	-0.21	0.67	-0.24	0.61	0.32

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Global Industrial Account Relationship Matchups

Global Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	396.9M	374.9M	405M	455.2M	513.4M	631.4M
Other Current Liab	8M	35.7M	32.3M	27.9M	27.6M	26.2M
Total Current Liabilities	159.8M	186.4M	179.9M	153.1M	174.2M	312.0M
Total Stockholder Equity	175.5M	106.8M	153.6M	210.4M	255.2M	212.3M
Property Plant And Equipment Net	77.1M	93.9M	85.3M	111.3M	104.4M	63.2M
Net Debt	(28.6M)	65.1M	68.1M	73.6M	61.1M	64.2M
Retained Earnings	2.8M	(66.5M)	(25.5M)	25.9M	66M	90.7M
Accounts Payable	149.9M	125.4M	114.4M	96.9M	111M	105.5M
Cash	295.4M	97.2M	22.4M	15.4M	34.4M	32.7M
Non Current Assets Total	92.6M	111.1M	103.6M	129.5M	183.6M	104.1M
Non Currrent Assets Other	1M	2.6M	1.2M	1.7M	2M	2.8M
Cash And Short Term Investments	295.4M	97.2M	22.4M	15.4M	34.4M	32.7M
Net Receivables	88.2M	102.3M	106.8M	108M	130.7M	197.8M
Liabilities And Stockholders Equity	396.9M	374.9M	405M	455.2M	513.4M	631.4M
Non Current Liabilities Total	61.6M	81.7M	71.5M	91.7M	84M	88.2M
Inventory	112.5M	132.3M	172.8M	179.4M	150.8M	207.5M
Other Current Assets	6.4M	6.8M	12.8M	19.6M	13.9M	19.9M
Other Stockholder Equity	169.3M	169.5M	175.4M	181.7M	186.2M	172.3M
Total Liab	221.4M	268.1M	251.4M	244.8M	258.2M	339.5M
Property Plant And Equipment Gross	77.1M	93.9M	85.3M	111.3M	143.8M	151.0M
Total Current Assets	304.3M	263.8M	301.4M	325.7M	329.8M	528.1M
Short Term Debt	9.9M	20.6M	25.5M	25.4M	28.2M	29.6M
Other Assets	8.3M	10.2M	11.5M	9.9M	1.0	0.95
Treasury Stock	(21.8M)	(25.1M)	(20.4M)	(24M)	(23.5M)	(24.6M)
Property Plant Equipment	17.8M	93.9M	85.3M	111.3M	100.2M	105.2M
Other Liab	2.9M	4.5M	3M	2.6M	3.0M	2.8M
Net Tangible Assets	168.3M	99.8M	135.3M	210.4M	189.4M	187.6M
Retained Earnings Total Equity	2.8M	(66.5M)	(25.5M)	25.9M	23.3M	38.8M
Capital Surpluse	189.7M	193.5M	195.8M	201.2M	231.4M	207.2M

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When determining whether Global Industrial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Industrial'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 Industrial Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Industrial Co Stock:

How To Invest In Global

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Is Global Stock a good investment?

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What is Global Industrial's Net Worth?

Details

Largest Trading Companies & Distributors Companies

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Largest Industrial Distribution Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Industrial Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Is Trading Companies & Distributors 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 Industrial. 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 Industrial 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

(0.19)

Dividend Share

0.95

Earnings Share

1.7

Revenue Per Share

34.936

Quarterly Revenue Growth

(0.03)

The market value of Global Industrial 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 Industrial's value that differs from its market value or its book value, called intrinsic value, which is Global Industrial'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 Industrial's market value can be influenced by many factors that don't directly affect Global Industrial'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 Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Industrial'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.

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Global Net Debt vs Other Current Assets Analysis

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Current Assets

Global Industrial fundamental ratios Correlations

Global Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Global Industrial fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.96	Total Liab

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Short Term Debt	- 0.8	Cash And Short Term Investments
Short Term Debt	- 0.8	Cash
Accounts Payable	- 0.77	Short Long Term Debt Total
Net Debt	- 0.73	Total Current Liabilities