Global Total Assets vs Intangible 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 Total Assets and its Intangible 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.
Total Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global E Online Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Global E's Total Assets and Intangible Assets is -0.02. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible 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 Total Assets and Intangible 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 Total Assets of Global E Online are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Global E's Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Global E assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Global E Online books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Expense | 8.6M | 12.1M | 13.9M | 14.6M | Depreciation And Amortization | 331K | 29.4M | 172.7M | 181.3M |
Global E fundamental ratios Correlations
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Global E Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global E fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 619K | 48.6M | 86.7M | 115.4M | 170.4M | 178.9M | |
Total Current Liabilities | 41.8M | 83.9M | 131.6M | 209.6M | 273.5M | 139.5M | |
Net Tangible Assets | (53.0M) | (44.5M) | 499.2M | 179.1M | 206.0M | 117.7M | |
Retained Earnings | (56.6M) | (52.7M) | (127.6M) | (323.0M) | (456.9M) | (434.0M) | |
Accounts Payable | 9.0M | 19.1M | 24.1M | 52.2M | 50.9M | 29.4M | |
Other Assets | 2.4M | 3.3M | 3.7M | 9.0M | 1.0 | 0.95 | |
Net Receivables | 23.6M | 3.6M | 9.2M | 94.5M | 27.8M | 30.9M | |
Common Stock Shares Outstanding | 32.8K | 28.6M | 101.7M | 157.7M | 164.4M | 105.3M | |
Other Current Assets | (1K) | 57.5M | 46.6M | 51.2M | 175.2M | 184.0M | |
Deferred Long Term Liab | 420K | 729K | 1.3M | 1.8M | 2.1M | 2.2M | |
Total Current Assets | 39.3M | 153.1M | 622.5M | 374.7M | 520.5M | 318.3M | |
Property Plant Equipment | 1.9M | 4.9M | 23.4M | 30.0M | 34.5M | 36.2M |
Also Currently Popular
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 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 (0.59) | 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.