Global Net Debt vs Short Term Debt Analysis
GLSTU Stock | USD 11.32 0.16 1.39% |
Global Star financial indicator trend analysis is much more than just examining Global Star Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Star Acquisition is a good investment. Please check the relationship between Global Star Net Debt and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Star Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Debt vs Short Term Debt
Net Debt vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Star Acquisition Net Debt account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Global Star's Net Debt and Short Term Debt is 0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Global Star Acquisition, assuming nothing else is changed. The correlation between historical values of Global Star's Net Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Global Star Acquisition are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Debt i.e., Global Star's Net Debt and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Short Term Debt
Most indicators from Global Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Star Acquisition 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 Star Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Global Star's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 818.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 12.2 M in 2024.
Global Star fundamental ratios Correlations
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Global Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Global Star's price analysis, check to measure Global Star'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 Global Star is operating at the current time. Most of Global Star's value examination focuses on studying past and present price action to predict the probability of Global Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Star's price. Additionally, you may evaluate how the addition of Global Star to your portfolios can decrease your overall portfolio volatility.