Global Short Term Debt vs Depreciation And Amortization Analysis
GLSTU Stock | USD 11.48 0.08 0.70% |
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 Short Term Debt and its Depreciation And Amortization 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.
Short Term Debt vs Depreciation And Amortization
Short Term Debt vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Star Acquisition Short Term Debt account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Global Star's Short Term Debt and Depreciation And Amortization is -0.1. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Depreciation And Amortization 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 Short Term Debt and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Global Star Acquisition are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Short Term Debt i.e., Global Star's Short Term Debt and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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
Thematic Opportunities
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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.