Glen Cash And Cash Equivalents Changes vs Depreciation Analysis

GLBZ Stock  USD 5.68  0.08  1.39%   
Glen Burnie financial indicator trend analysis is much more than just examining Glen Burnie Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glen Burnie Bancorp is a good investment. Please check the relationship between Glen Burnie Cash And Cash Equivalents Changes and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glen Burnie Bancorp. 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.

Cash And Cash Equivalents Changes vs Depreciation

Cash And Cash Equivalents Changes vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glen Burnie Bancorp Cash And Cash Equivalents Changes account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Glen Burnie's Cash And Cash Equivalents Changes and Depreciation is -0.65. Overlapping area represents the amount of variation of Cash And Cash Equivalents Changes that can explain the historical movement of Depreciation in the same time period over historical financial statements of Glen Burnie Bancorp, assuming nothing else is changed. The correlation between historical values of Glen Burnie's Cash And Cash Equivalents Changes and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Cash Equivalents Changes of Glen Burnie Bancorp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Cash And Cash Equivalents Changes i.e., Glen Burnie's Cash And Cash Equivalents Changes and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Cash And Cash Equivalents Changes

Depreciation

Depreciation indicates how much of Glen Burnie Bancorp value has been used up. For tax purposes Glen Burnie can deduct the cost of the tangible assets it purchases as business expenses. However, Glen Burnie Bancorp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Glen Burnie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glen Burnie Bancorp 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 Glen Burnie Bancorp. 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 this time, Glen Burnie's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 64.20 in 2025, whereas Selling General Administrative is likely to drop slightly above 6.9 M in 2025.
 2023 2024 2025 (projected)
Interest Expense1.2M1.1M1.0M
Depreciation And Amortization119K107.1K101.7K

Glen Burnie fundamental ratios Correlations

-0.17-0.13-0.34-0.17-0.080.42-0.38-0.070.17-0.03-0.050.03-0.160.35-0.41-0.27-0.03-0.350.420.39-0.4-0.270.2-0.15-0.03
-0.170.52-0.10.260.55-0.54-0.050.830.490.10.09-0.110.4-0.30.690.470.110.35-0.84-0.850.070.32-0.67-0.160.11
-0.130.520.020.730.4-0.50.660.49-0.05-0.04-0.050.050.110.240.450.21-0.050.81-0.45-0.45-0.130.26-0.47-0.35-0.04
-0.34-0.10.020.13-0.16-0.180.250.01-0.24-0.39-0.380.390.1-0.120.160.27-0.390.0-0.18-0.160.190.02-0.1-0.25-0.39
-0.170.260.730.130.07-0.480.460.310.13-0.58-0.580.590.540.420.48-0.12-0.580.88-0.2-0.20.220.6-0.59-0.77-0.58
-0.080.550.4-0.160.070.140.160.140.10.330.33-0.34-0.240.15-0.06-0.030.340.2-0.38-0.37-0.59-0.35-0.10.110.34
0.42-0.54-0.5-0.18-0.480.14-0.31-0.75-0.070.060.08-0.07-0.520.41-0.86-0.60.07-0.550.660.66-0.54-0.580.780.360.07
-0.38-0.050.660.250.460.16-0.310.05-0.750.170.17-0.16-0.380.260.090.080.160.64-0.21-0.19-0.29-0.17-0.03-0.050.16
-0.070.830.490.010.310.14-0.750.050.30.030.01-0.020.45-0.40.870.460.020.36-0.82-0.830.250.39-0.77-0.230.02
0.170.49-0.05-0.240.130.1-0.07-0.750.3-0.38-0.380.370.74-0.150.330.05-0.37-0.04-0.14-0.150.440.6-0.41-0.29-0.37
-0.030.1-0.04-0.39-0.580.330.060.170.03-0.380.99-0.97-0.68-0.36-0.250.310.97-0.19-0.18-0.17-0.45-0.580.360.740.97
-0.050.09-0.05-0.38-0.580.330.080.170.01-0.380.99-0.99-0.69-0.35-0.250.310.99-0.17-0.18-0.17-0.45-0.580.370.740.99
0.03-0.110.050.390.59-0.34-0.07-0.16-0.020.37-0.97-0.990.690.370.25-0.31-1.00.20.170.170.460.59-0.34-0.74-1.0
-0.160.40.110.10.54-0.24-0.52-0.380.450.74-0.68-0.690.69-0.160.70.07-0.690.32-0.27-0.270.780.9-0.73-0.63-0.68
0.35-0.30.24-0.120.420.150.410.26-0.4-0.15-0.36-0.350.37-0.16-0.42-0.5-0.370.280.460.45-0.42-0.20.23-0.45-0.37
-0.410.690.450.160.48-0.06-0.860.090.870.33-0.25-0.250.250.7-0.420.39-0.250.49-0.73-0.730.610.68-0.84-0.35-0.25
-0.270.470.210.27-0.12-0.03-0.60.080.460.050.310.31-0.310.07-0.50.390.310.05-0.57-0.570.270.15-0.240.080.31
-0.030.11-0.05-0.39-0.580.340.070.160.02-0.370.970.99-1.0-0.69-0.37-0.250.31-0.2-0.17-0.17-0.46-0.590.340.731.0
-0.350.350.810.00.880.2-0.550.640.36-0.04-0.19-0.170.20.320.280.490.05-0.2-0.35-0.340.120.46-0.47-0.51-0.2
0.42-0.84-0.45-0.18-0.2-0.380.66-0.21-0.82-0.14-0.18-0.180.17-0.270.46-0.73-0.57-0.17-0.351.0-0.15-0.240.66-0.01-0.17
0.39-0.85-0.45-0.16-0.2-0.370.66-0.19-0.83-0.15-0.17-0.170.17-0.270.45-0.73-0.57-0.17-0.341.0-0.14-0.240.670.0-0.17
-0.40.07-0.130.190.22-0.59-0.54-0.290.250.44-0.45-0.450.460.78-0.420.610.27-0.460.12-0.15-0.140.81-0.44-0.23-0.46
-0.270.320.260.020.6-0.35-0.58-0.170.390.6-0.58-0.580.590.9-0.20.680.15-0.590.46-0.24-0.240.81-0.63-0.5-0.59
0.2-0.67-0.47-0.1-0.59-0.10.78-0.03-0.77-0.410.360.37-0.34-0.730.23-0.84-0.240.34-0.470.660.67-0.44-0.630.540.33
-0.15-0.16-0.35-0.25-0.770.110.36-0.05-0.23-0.290.740.74-0.74-0.63-0.45-0.350.080.73-0.51-0.010.0-0.23-0.50.540.73
-0.030.11-0.04-0.39-0.580.340.070.160.02-0.370.970.99-1.0-0.68-0.37-0.250.311.0-0.2-0.17-0.17-0.46-0.590.330.73
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Glen Burnie Account Relationship Matchups

Glen Burnie fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding2.8M2.8M2.9M2.9M2.6M2.3M
Total Assets419.5M442.1M381.4M351.8M404.6M368.0M
Short Long Term Debt Total55M25M29.9M377K34.5M19.4M
Total Current Liabilities29.9M10M151K30M27M29.5M
Total Stockholder Equity37.1M35.7M16.1M19.3M22.2M29.4M
Property Plant And Equipment Net3.9M3.6M3.3M3.0M2.7M3.1M
Net Debt(7.2M)(42.2M)(29.7M)14.8M17.0M17.8M
Retained Earnings23.1M23.0M23.6M23.9M27.4M16.6M
Cash37.1M62.2M30.1M15.2M17.5M16.9M
Non Current Assets Total117.9M159.5M12.2M150.4M172.9M164.3M
Non Currrent Assets Other(117.9M)(159.5M)(144.1M)7.9M7.1M6.8M
Other Assets149.0M63.1M168.0M58.3M67.0M70.4M
Cash And Short Term Investments151.1M218.1M174.2M141.4M162.6M170.7M
Net Receivables1.4M1.4M1.2M1.3M1.2M1.2M
Liabilities And Stockholders Equity419.5M442.1M381.4M351.8M404.6M368.0M
Other Stockholder Equity10.6M10.8M10.9M11.0M12.6M10.9M
Total Liab29.9M406.4M365.4M332.5M382.4M293.0M
Total Current Assets152.6M219.5M201.2M143.2M128.8M122.4M
Accumulated Other Comprehensive Income540K(874K)(21.3M)(18.4M)(16.5M)(15.7M)
Common Stock2.8M2.9M2.9M2.9M2.6M2.5M
Property Plant And Equipment Gross3.9M16.3M16.4M16.4M18.9M19.8M
Accounts Payable2.5M349.6M383.2M362.9M417.4M438.3M
Other Liab354.4K317.9K304K317K285.3K271.0K
Short Term Investments114.0M155.9M144.1M139.4M125.5M119.2M
Non Current Liabilities Total352.5M10M365.2M331.1M380.7M399.8M
Inventory(16.6M)(39.4M)(63.9M)748K860.2K817.2K
Property Plant Equipment3.8M3.9M3.6M3.3M2.9M3.0M
Net Tangible Assets35.7M37.1M35.7M16.1M14.4M26.1M
Long Term Investments114.0M155.9M144.1M139.4M125.5M151.7M
Other Current Assets39.7M64.3M32.2M475K546.3K518.9K
Net Invested Capital60.7M67.0M55.7M49.3M44.4M50.1M

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