Global Common Stock Shares Outstanding vs Total Current Assets Analysis

GLBE Stock  USD 49.89  2.03  4.24%   
Global E financial indicator trend analysis is much more than just examining Global E Online latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global E Online is a good investment. Please check the relationship between Global E Common Stock Shares Outstanding and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. 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 labor statistics.

Common Stock Shares Outstanding vs Total Current Assets

Common Stock Shares Outstanding vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global E Online Common Stock Shares Outstanding account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Global E's Common Stock Shares Outstanding and Total Current Assets is 0.2. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Global E Online, assuming nothing else is changed. The correlation between historical values of Global E's Common Stock Shares Outstanding and Total 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 Common Stock Shares Outstanding of Global E Online are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Global E's Common Stock Shares Outstanding and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Global E's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global E Online 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 E Online. 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 labor statistics.
At present, Global E's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 182.27, whereas Selling General Administrative is forecasted to decline to about 29.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense8.6M12.1M13.9M14.6M
Depreciation And Amortization331K29.4M172.7M181.3M

Global E fundamental ratios Correlations

0.910.960.67-0.970.890.010.530.270.960.990.840.980.930.910.910.92-0.82-0.70.720.890.180.81.0-0.440.91
0.910.90.71-0.90.980.220.640.280.820.940.880.930.980.950.970.97-0.82-0.680.710.960.220.80.9-0.460.95
0.960.90.83-0.920.880.140.590.310.850.970.920.990.950.970.960.96-0.79-0.830.840.870.220.90.96-0.640.97
0.670.710.83-0.550.660.260.330.210.510.710.950.760.80.890.830.82-0.71-0.980.980.610.550.970.69-0.640.89
-0.97-0.9-0.92-0.55-0.890.01-0.62-0.35-0.93-0.96-0.74-0.95-0.88-0.85-0.87-0.890.680.55-0.57-0.90.06-0.67-0.960.51-0.85
0.890.980.880.66-0.890.360.750.280.770.930.840.920.980.920.960.96-0.82-0.640.660.990.190.750.86-0.440.92
0.010.220.140.260.010.360.70.06-0.240.130.210.140.310.250.330.27-0.3-0.190.20.380.220.18-0.06-0.120.25
0.530.640.590.33-0.620.750.70.290.330.620.420.620.670.580.680.66-0.43-0.260.280.8-0.20.340.47-0.460.58
0.270.280.310.21-0.350.280.060.290.160.220.20.280.30.310.320.360.05-0.090.110.34-0.410.160.24-0.580.31
0.960.820.850.51-0.930.77-0.240.330.160.920.720.890.80.770.770.79-0.75-0.570.590.760.140.680.97-0.270.77
0.990.940.970.71-0.960.930.130.620.220.920.860.990.960.930.950.95-0.84-0.730.750.920.20.820.98-0.470.93
0.840.880.920.95-0.740.840.210.420.20.720.860.890.930.980.940.93-0.85-0.940.950.790.510.990.84-0.540.98
0.980.930.990.76-0.950.920.140.620.280.890.990.890.960.950.960.96-0.81-0.770.780.910.190.850.98-0.560.95
0.930.980.950.8-0.880.980.310.670.30.80.960.930.960.981.00.99-0.86-0.780.80.960.290.870.91-0.510.98
0.910.950.970.89-0.850.920.250.580.310.770.930.980.950.980.990.99-0.83-0.870.890.890.340.940.9-0.61.0
0.910.970.960.83-0.870.960.330.680.320.770.950.940.961.00.991.0-0.85-0.810.820.950.290.890.89-0.560.99
0.920.970.960.82-0.890.960.270.660.360.790.950.930.960.990.991.0-0.8-0.790.810.940.230.880.9-0.60.99
-0.82-0.82-0.79-0.710.68-0.82-0.3-0.430.05-0.75-0.84-0.85-0.81-0.86-0.83-0.85-0.80.78-0.79-0.79-0.66-0.83-0.80.08-0.83
-0.7-0.68-0.83-0.980.55-0.64-0.19-0.26-0.09-0.57-0.73-0.94-0.77-0.78-0.87-0.81-0.790.78-1.0-0.58-0.64-0.98-0.720.52-0.87
0.720.710.840.98-0.570.660.20.280.110.590.750.950.780.80.890.820.81-0.79-1.00.60.620.990.73-0.530.89
0.890.960.870.61-0.90.990.380.80.340.760.920.790.910.960.890.950.94-0.79-0.580.60.110.70.85-0.430.89
0.180.220.220.550.060.190.22-0.2-0.410.140.20.510.190.290.340.290.23-0.66-0.640.620.110.570.180.270.34
0.80.80.90.97-0.670.750.180.340.160.680.820.990.850.870.940.890.88-0.83-0.980.990.70.570.81-0.540.94
1.00.90.960.69-0.960.86-0.060.470.240.970.980.840.980.910.90.890.9-0.8-0.720.730.850.180.81-0.460.9
-0.44-0.46-0.64-0.640.51-0.44-0.12-0.46-0.58-0.27-0.47-0.54-0.56-0.51-0.6-0.56-0.60.080.52-0.53-0.430.27-0.54-0.46-0.6
0.910.950.970.89-0.850.920.250.580.310.770.930.980.950.981.00.990.99-0.83-0.870.890.890.340.940.9-0.6
Click cells to compare fundamentals

Global E Account Relationship Matchups

Global E fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab619K48.6M86.7M115.4M170.4M178.9M
Total Current Liabilities41.8M83.9M131.6M209.6M273.5M139.5M
Net Tangible Assets(53.0M)(44.5M)499.2M179.1M206.0M117.7M
Retained Earnings(56.6M)(52.7M)(127.6M)(323.0M)(456.9M)(434.0M)
Accounts Payable9.0M19.1M24.1M52.2M50.9M29.4M
Other Assets2.4M3.3M3.7M9.0M1.00.95
Net Receivables23.6M3.6M9.2M94.5M27.8M30.9M
Common Stock Shares Outstanding32.8K28.6M101.7M157.7M164.4M105.3M
Other Current Assets(1K)57.5M46.6M51.2M175.2M184.0M
Deferred Long Term Liab420K729K1.3M1.8M2.1M2.2M
Total Current Assets39.3M153.1M622.5M374.7M520.5M318.3M
Property Plant Equipment1.9M4.9M23.4M30.0M34.5M36.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Global E Online is a strong investment it is important to analyze Global E's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global E's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. 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 labor statistics.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Broadline Retail 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 E. 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 E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
3.814
Quarterly Revenue Growth
0.26
Return On Assets
(0.05)
Return On Equity
(0.12)
The market value of Global E Online 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 E's value that differs from its market value or its book value, called intrinsic value, which is Global E'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 E's market value can be influenced by many factors that don't directly affect Global E'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 E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global E'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.