Global Total Assets vs Net Receivables Analysis

GLSTW Stock   0.01  0  11.29%   
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 Total Assets and its Net Receivables 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 estimate.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Star Acquisition, Total Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Global Star's Total Assets and Net Receivables is -0.45. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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 Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Global Star Acquisition, are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Global Star's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Global Star 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 Star Acquisition, 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.

Net Receivables

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. 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 fairly stable compared to the past year. Tax Provision is likely to climb 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

0.580.611.0-0.77-0.450.550.97-0.960.81.00.851.0-0.371.00.510.520.510.520.520.52-0.45
0.581.00.56-0.97-0.940.490.46-0.790.950.570.920.58-0.960.580.990.940.990.970.940.94-0.94
0.611.00.58-0.97-0.940.460.48-0.810.960.590.930.6-0.960.60.990.940.990.970.940.94-0.94
1.00.560.58-0.75-0.430.550.98-0.950.781.00.831.0-0.341.00.480.490.490.490.490.49-0.43
-0.77-0.97-0.97-0.750.88-0.51-0.650.92-1.0-0.76-0.99-0.770.88-0.77-0.94-0.91-0.94-0.93-0.91-0.910.88
-0.45-0.94-0.94-0.430.88-0.52-0.360.69-0.88-0.44-0.84-0.450.92-0.45-0.95-0.8-0.94-0.86-0.8-0.81.0
0.550.490.460.55-0.51-0.520.65-0.590.550.550.580.55-0.30.550.40.230.390.290.230.23-0.52
0.970.460.480.98-0.65-0.360.65-0.890.690.980.760.97-0.210.970.370.340.370.360.340.34-0.36
-0.96-0.79-0.81-0.950.920.69-0.59-0.89-0.94-0.95-0.97-0.950.62-0.95-0.74-0.71-0.74-0.73-0.71-0.710.69
0.80.950.960.78-1.0-0.880.550.69-0.940.791.00.79-0.850.790.920.880.920.90.880.88-0.88
1.00.570.591.0-0.76-0.440.550.98-0.950.790.841.0-0.351.00.490.50.50.50.50.5-0.44
0.850.920.930.83-0.99-0.840.580.76-0.971.00.840.84-0.80.840.890.840.890.870.840.84-0.84
1.00.580.61.0-0.77-0.450.550.97-0.950.791.00.84-0.361.00.510.510.510.520.510.51-0.45
-0.37-0.96-0.96-0.340.880.92-0.3-0.210.62-0.85-0.35-0.8-0.36-0.36-0.98-0.95-0.99-0.97-0.95-0.950.92
1.00.580.61.0-0.77-0.450.550.97-0.950.791.00.841.0-0.360.510.510.510.520.510.51-0.45
0.510.990.990.48-0.94-0.950.40.37-0.740.920.490.890.51-0.980.510.951.00.980.950.95-0.95
0.520.940.940.49-0.91-0.80.230.34-0.710.880.50.840.51-0.950.510.950.950.991.01.0-0.8
0.510.990.990.49-0.94-0.940.390.37-0.740.920.50.890.51-0.990.511.00.950.980.950.95-0.94
0.520.970.970.49-0.93-0.860.290.36-0.730.90.50.870.52-0.970.520.980.990.980.990.99-0.86
0.520.940.940.49-0.91-0.80.230.34-0.710.880.50.840.51-0.950.510.951.00.950.991.0-0.8
0.520.940.940.49-0.91-0.80.230.34-0.710.880.50.840.51-0.950.510.951.00.950.991.0-0.8
-0.45-0.94-0.94-0.430.881.0-0.52-0.360.69-0.88-0.44-0.84-0.450.92-0.45-0.95-0.8-0.94-0.86-0.8-0.8
Click cells to compare fundamentals

Global Star Account Relationship Matchups

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