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.
 
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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 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.
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.
 2021 2022 2023 2024 (projected)
Total Current Liabilities839.6M971.5M982.8M702.7M
Total Assets2.8B3.2B3.4B1.9B

Global Partners balance sheet Correlations

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0.770.360.440.50.320.40.33-0.580.320.590.780.920.160.370.140.350.80.490.370.80.320.350.480.450.53
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0.890.5-0.130.770.420.740.16-0.240.420.920.920.35-0.030.530.10.76-0.030.790.20.310.860.260.710.990.62
0.380.320.190.680.420.680.75-0.671.00.360.430.140.640.80.30.560.120.39-0.290.030.42-0.190.660.460.62
0.730.40.350.990.740.680.67-0.620.680.70.710.150.430.930.50.96-0.020.610.10.080.72-0.020.980.770.67
0.320.330.490.670.160.750.67-0.870.750.160.280.150.820.860.690.490.320.25-0.040.020.33-0.390.680.20.35
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0.380.320.190.680.421.00.680.75-0.670.360.430.140.640.80.30.560.120.39-0.290.030.42-0.190.660.460.62
0.920.59-0.030.720.920.360.70.16-0.210.360.930.45-0.140.460.180.730.080.730.210.320.780.480.690.890.5
0.980.780.090.740.920.430.710.28-0.430.430.930.640.060.540.140.70.340.770.320.520.740.370.720.890.64
0.60.920.220.20.350.140.150.15-0.470.140.450.640.10.13-0.050.130.820.380.50.930.160.460.230.280.39
0.070.160.530.41-0.030.640.430.82-0.870.64-0.140.060.10.710.360.330.260.230.060.070.04-0.470.440.010.37
0.570.370.470.920.530.80.930.86-0.810.80.460.540.130.710.560.850.110.520.060.050.57-0.230.920.580.65
0.240.140.320.510.10.30.50.69-0.450.30.180.14-0.050.360.560.380.020.17-0.16-0.150.42-0.440.550.11-0.02
0.720.350.360.940.760.560.960.49-0.520.560.730.70.130.330.850.38-0.120.680.190.080.660.120.950.790.66
0.340.80.430.01-0.030.12-0.020.32-0.540.120.080.340.820.260.110.02-0.120.050.340.69-0.140.210.07-0.080.22
0.760.490.070.630.790.390.610.25-0.420.390.730.770.380.230.520.170.680.050.360.330.720.080.640.780.58
0.340.370.190.110.2-0.290.1-0.04-0.29-0.290.210.320.50.060.06-0.160.190.340.360.50.080.410.130.160.17
0.460.80.130.130.310.030.080.02-0.390.030.320.520.930.070.05-0.150.080.690.330.50.120.330.160.260.41
0.740.32-0.210.770.860.420.720.33-0.240.420.780.740.160.040.570.420.66-0.140.720.080.12-0.090.680.860.47
0.340.35-0.05-0.040.26-0.19-0.02-0.390.19-0.190.480.370.46-0.47-0.23-0.440.120.210.080.410.33-0.09-0.020.190.02
0.750.480.420.980.710.660.980.68-0.670.660.690.720.230.440.920.550.950.070.640.130.160.68-0.020.740.68
0.860.45-0.130.80.990.460.770.2-0.250.460.890.890.280.010.580.110.79-0.080.780.160.260.860.190.740.64
0.590.530.340.680.620.620.670.35-0.570.620.50.640.390.370.65-0.020.660.220.580.170.410.470.020.680.64
Click cells to compare fundamentals

Global Partners Account Relationship Matchups

Global Partners balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.5B2.8B3.2B3.4B1.9B
Total Current Liabilities753.9M497.5M839.6M971.5M982.8M702.7M
Total Stockholder Equity(5.1M)1.6M(1.9M)788.4M798.8M838.8M
Property Plant And Equipment Net1.4B1.4B1.4B1.5B1.8B1.9B
Net Debt1.7B1.5B1.6B1.4B1.5B897.7M
Cash12.0M9.7M10.8M4.0M19.6M20.6M
Non Current Assets Total1.8B1.8B1.8B2.0B2.4B2.6B
Non Currrent Assets Other31.1M26.6M32.3M30.7M123.8M130.0M
Other Assets61.6M57.1M32.3M30.7M(86.3M)(82.0M)
Cash And Short Term Investments12.0M9.7M10.8M4.0M19.6M20.6M
Common Stock Shares Outstanding34.3M34.3M34.3M34.0M34.0M24.0M
Liabilities And Stockholders Equity2.4B2.0B2.3B3.2B3.5B1.8B
Total Liab2.3B2.0B2.3B2.4B2.6B1.6B
Total Current Assets1.0B781.4M1.1B1.2B1.1B923.6M
Other Stockholder Equity5.1M(2.2M)(1.9M)406K658.7M691.6M
Property Plant And Equipment Gross1.4B1.4B1.4B1.5B2.8B2.9B
Other Current Liab12.7M143.3M175.0M179.3M189.9M199.4M
Other Liab149.6M164.7M158.4M187.7M215.9M226.7M
Accounts Payable373.4M207.9M353.3M530.9M648.7M418.8M
Long Term Debt690.5M737.6M932.7M840.0M1.1B586.9M
Inventory450.5M384.4M509.5M566.7M397.3M461.2M
Other Current Assets121.0M157.6M132.4M117.3M121.0M76.4M
Intangible Assets46.8M35.9M26.0M26.9M20.7M19.7M
Property Plant Equipment1.1B1.1B1.4B1.5B1.7B1.8B
Short Long Term Debt Total1.7B1.5B1.6B1.4B1.5B1.0B
Current Deferred Revenue42.6M150.7M167.8M187.6M215.7M226.5M
Net Receivables421.0M229.7M412.3M481.2M559.9M454.9M
Non Current Liabilities Total1.6B1.5B1.5B1.4B1.7B995.0M
Accumulated Other Comprehensive Income(5.1M)1.6M(1.9M)(449K)381K362.0K
Short Term Debt217.1M109.8M267.1M218.3M76.7M72.9M
Retained Earnings(470.8M)(494.5M)(533.5M)(788.5M)(658.7M)(625.7M)
Good Will324.5M323.6M328.1M427.8M429.2M299.8M
Deferred Long Term Liab42.9M42.9M56.2M56.8M65.3M39.0M
Common Stock398.5M428.8M392.1M649.0M658.7M499.7M
Net Tangible Assets88M136.0M173.6M193.9M174.5M143.2M
Non Current Liabilities Other861.9M753.6M53.5M57.3M61.2M58.1M
Long Term Debt Total690.5M737.6M1.1B981.8M1.1B790.7M
Short Long Term Debt148.9M34.4M204.7M153.4M16.8M16.0M
Capital Lease Obligations307.5M302.0M435.0M438.1M398.6M320.9M

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

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Moving against Global Stock

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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 CorrelationCorrelation 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.