Global Intangible Assets vs Property Plant Equipment 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 Intangible Assets and its Property Plant Equipment 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.

Intangible Assets vs Property Plant Equipment

Intangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global E Online Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Global E's Intangible Assets and Property Plant Equipment is -0.19. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment 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 Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Global E Online are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Global E's Intangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant Equipment

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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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
(0.66)
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.