Global Change To Operating Activities vs Change To Liabilities Analysis

GLH Stock

0.14 0.01 7.69%

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

Change To Operating Activities vs Change To Liabilities

Change To Operating Activities vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Health Change To Operating Activities account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Global Health's Change To Operating Activities and Change To Liabilities is -0.31. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Global Health, assuming nothing else is changed. The correlation between historical values of Global Health's Change To Operating Activities and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Global Health are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Operating Activities i.e., Global Health's Change To Operating Activities and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Operating Activities

Change To Liabilities

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

Tax Provision is likely to gain to about 335.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 784.2 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	8.5M	11.5M	9.9M	7.2M
Interest Expense	27.7K	17.8K	76.3K	61.6K

Other Operating Expenses Interest Expense

Global Health fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Retained Earnings	Short Term Investments
Common Stock Shares Outstanding		-0.25	0.03	0.36	0.78	-0.57	-0.36	0.82	-0.02	0.31	0.0	-0.56	0.32	0.0	-0.07	-0.58	0.66	0.02	0.08	0.55	-0.29	0.0	-0.38	0.84	-0.87	-0.03
Total Assets	-0.25		0.23	-0.32	-0.13	0.85	0.32	-0.12	-0.62	-0.19	0.75	0.74	0.24	0.75	0.37	0.54	-0.51	0.22	-0.52	0.02	-0.42	0.84	0.34	-0.38	0.65	0.27
Short Long Term Debt Total	0.03	0.23		0.24	0.24	-0.15	0.45	-0.02	0.44	0.06	-0.2	0.29	-0.1	-0.2	0.55	-0.08	0.07	0.96	0.16	0.65	-0.48	-0.05	0.42	-0.14	0.01	0.05
Other Current Liab	0.36	-0.32	0.24		0.42	-0.5	-0.34	0.23	0.36	0.18	-0.32	-0.14	-0.62	-0.32	-0.33	-0.54	0.55	0.27	0.06	0.55	0.15	-0.38	-0.09	0.44	-0.48	-0.09
Total Current Liabilities	0.78	-0.13	0.24	0.42		-0.51	-0.09	0.93	0.08	0.59	-0.02	-0.21	0.34	-0.02	-0.02	-0.58	0.75	0.27	-0.09	0.85	-0.45	-0.01	-0.19	0.82	-0.75	0.11
Total Stockholder Equity	-0.57	0.85	-0.15	-0.5	-0.51		0.26	-0.4	-0.66	-0.35	0.7	0.71	0.12	0.7	0.21	0.7	-0.68	-0.12	-0.49	-0.45	-0.06	0.75	0.25	-0.56	0.87	0.19
Property Plant And Equipment Net	-0.36	0.32	0.45	-0.34	-0.09	0.26		-0.17	0.35	0.12	-0.23	0.64	0.16	-0.23	0.74	0.11	-0.14	0.48	-0.05	0.12	-0.35	-0.05	0.34	-0.37	0.41	-0.06
Current Deferred Revenue	0.82	-0.12	-0.02	0.23	0.93	-0.4	-0.17		-0.14	0.45	0.14	-0.32	0.45	0.14	-0.06	-0.48	0.71	0.05	-0.14	0.63	-0.36	0.13	-0.25	0.87	-0.72	0.13
Net Debt	-0.02	-0.62	0.44	0.36	0.08	-0.66	0.35	-0.14		0.32	-0.97	-0.09	-0.38	-0.97	0.22	-0.59	0.44	0.44	0.38	0.3	0.17	-0.89	0.14	0.05	-0.32	-0.49
Accounts Payable	0.31	-0.19	0.06	0.18	0.59	-0.35	0.12	0.45	0.32		-0.32	0.03	0.24	-0.32	0.06	-0.63	0.51	0.1	-0.21	0.46	-0.1	-0.27	-0.16	0.47	-0.45	-0.35
Cash	0.0	0.75	-0.2	-0.32	-0.02	0.7	-0.23	0.14	-0.97	-0.32		0.21	0.37	1.0	-0.08	0.62	-0.45	-0.2	-0.4	-0.14	-0.31	0.96	-0.03	-0.09	0.37	0.55
Non Current Assets Total	-0.56	0.74	0.29	-0.14	-0.21	0.71	0.64	-0.32	-0.09	0.03	0.21		-0.08	0.21	0.36	0.28	-0.33	0.32	-0.55	0.05	-0.18	0.31	0.52	-0.48	0.72	-0.02
Non Currrent Assets Other	0.32	0.24	-0.1	-0.62	0.34	0.12	0.16	0.45	-0.38	0.24	0.37	-0.08		0.37	0.29	0.16	-0.03	-0.14	0.02	0.07	-0.58	0.43	-0.17	0.18	-0.09	0.28
Cash And Short Term Investments	0.0	0.75	-0.2	-0.32	-0.02	0.7	-0.23	0.14	-0.97	-0.32	1.0	0.21	0.37		-0.08	0.62	-0.45	-0.2	-0.4	-0.14	-0.31	0.96	-0.03	-0.09	0.37	0.55
Net Receivables	-0.07	0.37	0.55	-0.33	-0.02	0.21	0.74	-0.06	0.22	0.06	-0.08	0.36	0.29	-0.08		0.04	-0.06	0.6	0.14	0.19	-0.35	0.18	0.14	-0.19	0.23	-0.19
Good Will	-0.58	0.54	-0.08	-0.54	-0.58	0.7	0.11	-0.48	-0.59	-0.63	0.62	0.28	0.16	0.62	0.04		-0.9	-0.14	0.06	-0.52	-0.14	0.59	0.08	-0.72	0.77	0.66
Common Stock Total Equity	0.66	-0.51	0.07	0.55	0.75	-0.68	-0.14	0.71	0.44	0.51	-0.45	-0.33	-0.03	-0.45	-0.06	-0.9		0.18	-0.03	0.62	0.02	-0.44	-0.13	0.88	-0.81	-0.42
Non Current Liabilities Total	0.02	0.22	0.96	0.27	0.27	-0.12	0.48	0.05	0.44	0.1	-0.2	0.32	-0.14	-0.2	0.6	-0.14	0.18		0.12	0.65	-0.4	-0.03	0.4	-0.04	0.0	-0.03
Other Stockholder Equity	0.08	-0.52	0.16	0.06	-0.09	-0.49	-0.05	-0.14	0.38	-0.21	-0.4	-0.55	0.02	-0.4	0.14	0.06	-0.03	0.12		-0.05	-0.01	-0.38	-0.35	-0.1	-0.22	0.24
Total Liab	0.55	0.02	0.65	0.55	0.85	-0.45	0.12	0.63	0.3	0.46	-0.14	0.05	0.07	-0.14	0.19	-0.52	0.62	0.65	-0.05		-0.54	-0.07	0.06	0.56	-0.54	0.08
Property Plant And Equipment Gross	-0.29	-0.42	-0.48	0.15	-0.45	-0.06	-0.35	-0.36	0.17	-0.1	-0.31	-0.18	-0.58	-0.31	-0.35	-0.14	0.02	-0.4	-0.01	-0.54		-0.39	0.02	-0.12	0.07	-0.48
Total Current Assets	0.0	0.84	-0.05	-0.38	-0.01	0.75	-0.05	0.13	-0.89	-0.27	0.96	0.31	0.43	0.96	0.18	0.59	-0.44	-0.03	-0.38	-0.07	-0.39		0.0	-0.11	0.41	0.45
Short Term Debt	-0.38	0.34	0.42	-0.09	-0.19	0.25	0.34	-0.25	0.14	-0.16	-0.03	0.52	-0.17	-0.03	0.14	0.08	-0.13	0.4	-0.35	0.06	0.02	0.0		-0.43	0.41	-0.17
Common Stock	0.84	-0.38	-0.14	0.44	0.82	-0.56	-0.37	0.87	0.05	0.47	-0.09	-0.48	0.18	-0.09	-0.19	-0.72	0.88	-0.04	-0.1	0.56	-0.12	-0.11	-0.43		-0.87	-0.18
Retained Earnings	-0.87	0.65	0.01	-0.48	-0.75	0.87	0.41	-0.72	-0.32	-0.45	0.37	0.72	-0.09	0.37	0.23	0.77	-0.81	0.0	-0.22	-0.54	0.07	0.41	0.41	-0.87		0.18
Short Term Investments	-0.03	0.27	0.05	-0.09	0.11	0.19	-0.06	0.13	-0.49	-0.35	0.55	-0.02	0.28	0.55	-0.19	0.66	-0.42	-0.03	0.24	0.08	-0.48	0.45	-0.17	-0.18	0.18

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Global Health Account Relationship Matchups

Global Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	39.0M	42.4M	56.0M	57.5M	58.0M	61.0M
Total Assets	6.6M	9.0M	11.0M	3.1M	3.1M	5.3M
Short Long Term Debt Total	816.4K	304.1K	141.8K	44.9K	1.0M	1.1M
Other Current Liab	1.0M	1.5M	1.2M	1.5M	1.6M	1.2M
Total Current Liabilities	4.9M	4.7M	4.8M	4.7M	5.1M	3.6M
Total Stockholder Equity	1.2M	4.0M	6.1M	(1.6M)	(2.9M)	(2.8M)
Property Plant And Equipment Net	236.8K	8.6K	9.7K	8.8K	20.5K	19.4K
Current Deferred Revenue	2.6M	2.4M	2.9M	2.5M	3.0M	1.7M
Net Debt	150.1K	(4.5M)	(6.2M)	(2.2M)	(1.0M)	(1.1M)
Accounts Payable	673.9K	619.1K	579.4K	625.4K	334.9K	476.3K
Cash	666.3K	4.8M	6.4M	2.2M	2.1M	1.5M
Non Current Assets Total	4.6M	3.5M	3.9M	8.9K	20.5K	19.4K
Non Currrent Assets Other	(448.2K)	116.4K	150.4K	(8.9K)	(1.0)	(1.05)
Cash And Short Term Investments	666.3K	4.8M	6.4M	2.2M	2.1M	1.5M
Net Receivables	1.2M	550.5K	492.7K	703.7K	819.6K	893.5K
Liabilities And Stockholders Equity	6.6M	9.0M	11.0M	3.1M	3.1M	5.3M
Non Current Liabilities Total	615.0K	339.9K	125.0K	46.6K	862.6K	493.3K
Total Liab	5.5M	5.0M	4.9M	4.7M	6.0M	4.3M
Property Plant And Equipment Gross	236.8K	211.5K	213.4K	213.3K	192.0K	182.4K
Total Current Assets	2.0M	5.5M	7.2M	3.1M	3.1M	2.6M
Accumulated Other Comprehensive Income	292.1K	1.1M	2.1M	2.0M	81.4K	77.3K
Short Term Debt	541.8K	162.3K	141.8K	(3.3M)	179.3K	188.2K
Common Stock	21.7M	24.4M	27.3M	27.7M	27.7M	20.9M
Retained Earnings	(20.9M)	(21.4M)	(23.3M)	(31.3M)	(30.7M)	(29.1M)
Other Current Assets	114.0K	140.5K	251.5K	163.0K	170.4K	222.4K
Intangible Assets	4.1M	4.1M	3.9M	3.0M	3.5M	0.0
Other Liab	1.4M	198.1K	184.5K	46.6K	53.6K	50.9K
Other Assets	508.1K	540.9K	414.4K	0.0	1.0	0.95
Property Plant Equipment	236.8K	8.6K	9.7K	8.8K	7.9K	7.5K
Net Tangible Assets	(3.7M)	1.1M	2.6M	(1.6M)	(1.9M)	(2.0M)
Short Long Term Debt	360.1K	159.5K	141.1K	44.9K	40.4K	38.4K
Long Term Investments	116.4K	118.4K	240.0	109.0	125.35	119.08

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