Global Historical Balance Sheet

GLP Stock

USD 54.75 0.83 1.54%

Trend analysis of Global Partners LP balance sheet accounts such as Total Stockholder Equity of 838.8 M or Property Plant And Equipment Net of 1.9 B provides information on Global Partners' total assets, liabilities, and equity, which is the actual value of Global Partners LP to its prevalent stockholders. By breaking down trends over time using Global Partners balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Global Partners LP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Global Partners LP is a good buy for the upcoming year.

Global Partners Inventory

461.18 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Partners LP. 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 economic analysis.

About Global Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Global Partners LP at a specified time, usually calculated after every quarter, six months, or one year. Global Partners Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Global Partners and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Global currently owns. An asset can also be divided into two categories, current and non-current.

Global Partners Balance Sheet Chart

At this time, Global Partners' Property Plant And Equipment Gross is relatively stable compared to the past year. As of 11/29/2024, Other Current Liabilities is likely to grow to about 199.4 M, while Net Debt is likely to drop slightly above 897.7 M.

Total Assets Total Current Liabilities Property Plant And Equipment Net Non Current Assets Total Net Invested Capital

Add Fundamental

Total Assets

Total assets refers to the total amount of Global Partners 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 Partners LP 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.

Total Current Liabilities

Total Current Liabilities is an item on Global Partners balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Global Partners LP are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most accounts from Global Partners' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Global Partners LP current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Partners LP. 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 economic analysis.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	839.6M	971.5M	982.8M	702.7M
Total Assets	2.8B	3.2B	3.4B	1.9B

Total Current Liabilities Total Assets

Global Partners balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Other Current Liab	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Other Current Assets	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.77	0.18	0.76	0.89	0.38	0.73	0.32	-0.45	0.38	0.92	0.98	0.6	0.07	0.57	0.24	0.72	0.34	0.76	0.34	0.46	0.74	0.34	0.75	0.86	0.59
Total Current Liabilities	0.77		0.36	0.44	0.5	0.32	0.4	0.33	-0.58	0.32	0.59	0.78	0.92	0.16	0.37	0.14	0.35	0.8	0.49	0.37	0.8	0.32	0.35	0.48	0.45	0.53
Total Stockholder Equity	0.18	0.36		0.3	-0.13	0.19	0.35	0.49	-0.62	0.19	-0.03	0.09	0.22	0.53	0.47	0.32	0.36	0.43	0.07	0.19	0.13	-0.21	-0.05	0.42	-0.13	0.34
Property Plant And Equipment Net	0.76	0.44	0.3		0.77	0.68	0.99	0.67	-0.62	0.68	0.72	0.74	0.2	0.41	0.92	0.51	0.94	0.01	0.63	0.11	0.13	0.77	-0.04	0.98	0.8	0.68
Net Debt	0.89	0.5	-0.13	0.77		0.42	0.74	0.16	-0.24	0.42	0.92	0.92	0.35	-0.03	0.53	0.1	0.76	-0.03	0.79	0.2	0.31	0.86	0.26	0.71	0.99	0.62
Cash	0.38	0.32	0.19	0.68	0.42		0.68	0.75	-0.67	1.0	0.36	0.43	0.14	0.64	0.8	0.3	0.56	0.12	0.39	-0.29	0.03	0.42	-0.19	0.66	0.46	0.62
Non Current Assets Total	0.73	0.4	0.35	0.99	0.74	0.68		0.67	-0.62	0.68	0.7	0.71	0.15	0.43	0.93	0.5	0.96	-0.02	0.61	0.1	0.08	0.72	-0.02	0.98	0.77	0.67
Non Currrent Assets Other	0.32	0.33	0.49	0.67	0.16	0.75	0.67		-0.87	0.75	0.16	0.28	0.15	0.82	0.86	0.69	0.49	0.32	0.25	-0.04	0.02	0.33	-0.39	0.68	0.2	0.35
Other Assets	-0.45	-0.58	-0.62	-0.62	-0.24	-0.67	-0.62	-0.87		-0.67	-0.21	-0.43	-0.47	-0.87	-0.81	-0.45	-0.52	-0.54	-0.42	-0.29	-0.39	-0.24	0.19	-0.67	-0.25	-0.57
Cash And Short Term Investments	0.38	0.32	0.19	0.68	0.42	1.0	0.68	0.75	-0.67		0.36	0.43	0.14	0.64	0.8	0.3	0.56	0.12	0.39	-0.29	0.03	0.42	-0.19	0.66	0.46	0.62
Common Stock Shares Outstanding	0.92	0.59	-0.03	0.72	0.92	0.36	0.7	0.16	-0.21	0.36		0.93	0.45	-0.14	0.46	0.18	0.73	0.08	0.73	0.21	0.32	0.78	0.48	0.69	0.89	0.5
Total Liab	0.98	0.78	0.09	0.74	0.92	0.43	0.71	0.28	-0.43	0.43	0.93		0.64	0.06	0.54	0.14	0.7	0.34	0.77	0.32	0.52	0.74	0.37	0.72	0.89	0.64
Total Current Assets	0.6	0.92	0.22	0.2	0.35	0.14	0.15	0.15	-0.47	0.14	0.45	0.64		0.1	0.13	-0.05	0.13	0.82	0.38	0.5	0.93	0.16	0.46	0.23	0.28	0.39
Other Stockholder Equity	0.07	0.16	0.53	0.41	-0.03	0.64	0.43	0.82	-0.87	0.64	-0.14	0.06	0.1		0.71	0.36	0.33	0.26	0.23	0.06	0.07	0.04	-0.47	0.44	0.01	0.37
Property Plant And Equipment Gross	0.57	0.37	0.47	0.92	0.53	0.8	0.93	0.86	-0.81	0.8	0.46	0.54	0.13	0.71		0.56	0.85	0.11	0.52	0.06	0.05	0.57	-0.23	0.92	0.58	0.65
Other Current Liab	0.24	0.14	0.32	0.51	0.1	0.3	0.5	0.69	-0.45	0.3	0.18	0.14	-0.05	0.36	0.56		0.38	0.02	0.17	-0.16	-0.15	0.42	-0.44	0.55	0.11	-0.02
Other Liab	0.72	0.35	0.36	0.94	0.76	0.56	0.96	0.49	-0.52	0.56	0.73	0.7	0.13	0.33	0.85	0.38		-0.12	0.68	0.19	0.08	0.66	0.12	0.95	0.79	0.66
Accounts Payable	0.34	0.8	0.43	0.01	-0.03	0.12	-0.02	0.32	-0.54	0.12	0.08	0.34	0.82	0.26	0.11	0.02	-0.12		0.05	0.34	0.69	-0.14	0.21	0.07	-0.08	0.22
Long Term Debt	0.76	0.49	0.07	0.63	0.79	0.39	0.61	0.25	-0.42	0.39	0.73	0.77	0.38	0.23	0.52	0.17	0.68	0.05		0.36	0.33	0.72	0.08	0.64	0.78	0.58
Short Term Investments	0.34	0.37	0.19	0.11	0.2	-0.29	0.1	-0.04	-0.29	-0.29	0.21	0.32	0.5	0.06	0.06	-0.16	0.19	0.34	0.36		0.5	0.08	0.41	0.13	0.16	0.17
Inventory	0.46	0.8	0.13	0.13	0.31	0.03	0.08	0.02	-0.39	0.03	0.32	0.52	0.93	0.07	0.05	-0.15	0.08	0.69	0.33	0.5		0.12	0.33	0.16	0.26	0.41
Other Current Assets	0.74	0.32	-0.21	0.77	0.86	0.42	0.72	0.33	-0.24	0.42	0.78	0.74	0.16	0.04	0.57	0.42	0.66	-0.14	0.72	0.08	0.12		-0.09	0.68	0.86	0.47
Intangible Assets	0.34	0.35	-0.05	-0.04	0.26	-0.19	-0.02	-0.39	0.19	-0.19	0.48	0.37	0.46	-0.47	-0.23	-0.44	0.12	0.21	0.08	0.41	0.33	-0.09		-0.02	0.19	0.02
Property Plant Equipment	0.75	0.48	0.42	0.98	0.71	0.66	0.98	0.68	-0.67	0.66	0.69	0.72	0.23	0.44	0.92	0.55	0.95	0.07	0.64	0.13	0.16	0.68	-0.02		0.74	0.68
Short Long Term Debt Total	0.86	0.45	-0.13	0.8	0.99	0.46	0.77	0.2	-0.25	0.46	0.89	0.89	0.28	0.01	0.58	0.11	0.79	-0.08	0.78	0.16	0.26	0.86	0.19	0.74		0.64
Current Deferred Revenue	0.59	0.53	0.34	0.68	0.62	0.62	0.67	0.35	-0.57	0.62	0.5	0.64	0.39	0.37	0.65	-0.02	0.66	0.22	0.58	0.17	0.41	0.47	0.02	0.68	0.64

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Global Partners Account Relationship Matchups

Global Partners balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	2.5B	2.8B	3.2B	3.4B	1.9B
Total Current Liabilities	753.9M	497.5M	839.6M	971.5M	982.8M	702.7M
Total Stockholder Equity	(5.1M)	1.6M	(1.9M)	788.4M	798.8M	838.8M
Property Plant And Equipment Net	1.4B	1.4B	1.4B	1.5B	1.8B	1.9B
Net Debt	1.7B	1.5B	1.6B	1.4B	1.5B	897.7M
Cash	12.0M	9.7M	10.8M	4.0M	19.6M	20.6M
Non Current Assets Total	1.8B	1.8B	1.8B	2.0B	2.4B	2.6B
Non Currrent Assets Other	31.1M	26.6M	32.3M	30.7M	123.8M	130.0M
Other Assets	61.6M	57.1M	32.3M	30.7M	(86.3M)	(82.0M)
Cash And Short Term Investments	12.0M	9.7M	10.8M	4.0M	19.6M	20.6M
Common Stock Shares Outstanding	34.3M	34.3M	34.3M	34.0M	34.0M	24.0M
Liabilities And Stockholders Equity	2.4B	2.0B	2.3B	3.2B	3.5B	1.8B
Total Liab	2.3B	2.0B	2.3B	2.4B	2.6B	1.6B
Total Current Assets	1.0B	781.4M	1.1B	1.2B	1.1B	923.6M
Other Stockholder Equity	5.1M	(2.2M)	(1.9M)	406K	658.7M	691.6M
Property Plant And Equipment Gross	1.4B	1.4B	1.4B	1.5B	2.8B	2.9B
Other Current Liab	12.7M	143.3M	175.0M	179.3M	189.9M	199.4M
Other Liab	149.6M	164.7M	158.4M	187.7M	215.9M	226.7M
Accounts Payable	373.4M	207.9M	353.3M	530.9M	648.7M	418.8M
Long Term Debt	690.5M	737.6M	932.7M	840.0M	1.1B	586.9M
Inventory	450.5M	384.4M	509.5M	566.7M	397.3M	461.2M
Other Current Assets	121.0M	157.6M	132.4M	117.3M	121.0M	76.4M
Intangible Assets	46.8M	35.9M	26.0M	26.9M	20.7M	19.7M
Property Plant Equipment	1.1B	1.1B	1.4B	1.5B	1.7B	1.8B
Short Long Term Debt Total	1.7B	1.5B	1.6B	1.4B	1.5B	1.0B
Current Deferred Revenue	42.6M	150.7M	167.8M	187.6M	215.7M	226.5M
Net Receivables	421.0M	229.7M	412.3M	481.2M	559.9M	454.9M
Non Current Liabilities Total	1.6B	1.5B	1.5B	1.4B	1.7B	995.0M
Accumulated Other Comprehensive Income	(5.1M)	1.6M	(1.9M)	(449K)	381K	362.0K
Short Term Debt	217.1M	109.8M	267.1M	218.3M	76.7M	72.9M
Retained Earnings	(470.8M)	(494.5M)	(533.5M)	(788.5M)	(658.7M)	(625.7M)
Good Will	324.5M	323.6M	328.1M	427.8M	429.2M	299.8M
Deferred Long Term Liab	42.9M	42.9M	56.2M	56.8M	65.3M	39.0M
Common Stock	398.5M	428.8M	392.1M	649.0M	658.7M	499.7M
Net Tangible Assets	88M	136.0M	173.6M	193.9M	174.5M	143.2M
Non Current Liabilities Other	861.9M	753.6M	53.5M	57.3M	61.2M	58.1M
Long Term Debt Total	690.5M	737.6M	1.1B	981.8M	1.1B	790.7M
Short Long Term Debt	148.9M	34.4M	204.7M	153.4M	16.8M	16.0M
Capital Lease Obligations	307.5M	302.0M	435.0M	438.1M	398.6M	320.9M

Pair Trading with Global Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with Global Stock

0.85	AM	Antero Midstream Partners	Pair Corr
0.96	EE	Excelerate Energy	Pair Corr
0.9	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.9	DLNG	Dynagas LNG Partners Earnings Call Today	Pair Corr

Moving against Global Stock

0.81	LPG	Dorian LPG	Pair Corr
0.7	NAT	Nordic American Tankers	Pair Corr
0.68	PXSAW	Pyxis Tankers	Pair Corr
0.61	BROGW	Brooge Energy Limited	Pair Corr
0.57	GEL	Genesis Energy LP	Pair Corr

The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Partners LP to buy it.

The correlation of Global Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Global Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Global Stock Analysis

When running Global Partners' price analysis, check to measure Global Partners' 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 Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.

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Global Historical Balance Sheet

Global Partners Inventory

461.18 Million

About Global Balance Sheet Analysis

Global Partners Balance Sheet Chart

Total Assets

Total Current Liabilities

Property Plant And Equipment Net

Non Current Assets Total

Net Invested Capital

Global Partners balance sheet Correlations

Global Partners Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Global Partners balance sheet Accounts

Pair Trading with Global Partners

Moving together with Global Stock

Moving against Global Stock

Additional Tools for Global Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.99	Net Debt
Total Liab	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Property Plant And Equipment Net
Property Plant Equipment	+ 0.98	Non Current Assets Total

Other Stockholder Equity	- 0.87	Other Assets
Other Assets	- 0.87	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.81	Other Assets
Property Plant Equipment	- 0.67	Other Assets
Cash And Short Term Investments	- 0.67	Other Assets
Other Assets	- 0.67	Cash