Globalink Other Current Assets vs Total Assets Analysis
| GLLIW Stock | USD 0.02 0.0007 3.63% |
Globalink Investment financial indicator trend analysis is much more than just examining Globalink Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globalink Investment is a good investment. Please check the relationship between Globalink Investment Other Current Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globalink Investment Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Globalink Investment's Other Current Assets and Total Assets is 0.98. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Globalink Investment Warrants, assuming nothing else is changed. The correlation between historical values of Globalink Investment's Other Current Assets and Total 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 Other Current Assets of Globalink Investment Warrants are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Globalink Investment's Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Assets
Total assets refers to the total amount of Globalink Investment 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 Globalink Investment 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.Most indicators from Globalink Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globalink Investment 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Globalink Investment's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 55.83 in 2024, whereas Selling General Administrative is likely to drop slightly above 819.6 K in 2024.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 1.7M | 3.5M | 2.9M | Tax Provision | 308.2K | 637.8K | 520.3K |
Globalink Investment fundamental ratios Correlations
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Globalink Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Globalink Investment's price analysis, check to measure Globalink Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalink Investment is operating at the current time. Most of Globalink Investment's value examination focuses on studying past and present price action to predict the probability of Globalink Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalink Investment's price. Additionally, you may evaluate how the addition of Globalink Investment to your portfolios can decrease your overall portfolio volatility.