Global Net Tangible Assets vs Common Stock Analysis

GNL-PE Stock   22.52  0.27  1.21%   
Global Net financial indicator trend analysis is much more than just examining Global Net Lease latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Net Lease is a good investment. Please check the relationship between Global Net Net Tangible Assets and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Net Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Common Stock

Net Tangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Net Lease Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Net's Net Tangible Assets and Common Stock is 0.76. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Global Net Lease, assuming nothing else is changed. The correlation between historical values of Global Net's Net Tangible Assets and Common Stock 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 Tangible Assets of Global Net Lease are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Global Net's Net Tangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock

Most indicators from Global Net's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Net Lease 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 Net Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Global Net's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.9 B, whereas Selling General Administrative is forecasted to decline to about 73.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit358.5M346.0M364.5M361.8M
Total Revenue391.2M378.9M515.1M422.7M

Global Net fundamental ratios Correlations

0.410.60.93-0.60.720.960.98-0.820.87-0.551.00.84-0.170.960.480.990.970.970.980.040.780.990.411.00.96
0.41-0.30.64-0.66-0.120.490.27-0.190.560.310.370.40.210.32-0.140.50.280.340.540.53-0.10.330.440.40.49
0.6-0.30.29-0.370.690.530.71-0.820.54-0.850.630.73-0.230.60.50.510.750.590.45-0.260.870.670.220.60.53
0.930.640.29-0.660.60.880.85-0.630.81-0.210.910.730.010.840.480.960.850.850.970.320.490.880.50.930.88
-0.6-0.66-0.37-0.66-0.36-0.55-0.540.65-0.780.09-0.58-0.82-0.28-0.45-0.44-0.63-0.65-0.46-0.61-0.65-0.27-0.57-0.71-0.6-0.55
0.72-0.120.690.6-0.360.60.76-0.780.65-0.650.740.69-0.40.720.840.650.810.710.61-0.030.720.740.050.730.6
0.960.490.530.88-0.550.60.95-0.820.9-0.590.970.83-0.30.980.260.960.910.980.95-0.10.80.960.270.961.0
0.980.270.710.85-0.540.760.95-0.870.85-0.680.990.86-0.260.970.470.960.980.970.93-0.10.881.00.330.980.95
-0.82-0.19-0.82-0.630.65-0.78-0.82-0.87-0.910.8-0.84-0.960.41-0.84-0.49-0.76-0.91-0.83-0.710.09-0.88-0.85-0.19-0.82-0.82
0.870.560.540.81-0.780.650.90.85-0.91-0.550.870.96-0.310.860.380.850.880.860.830.120.70.860.280.870.9
-0.550.31-0.85-0.210.09-0.65-0.59-0.680.8-0.55-0.59-0.620.68-0.69-0.23-0.45-0.64-0.67-0.390.64-0.95-0.630.24-0.55-0.59
1.00.370.630.91-0.580.740.970.99-0.840.87-0.590.85-0.20.970.480.980.980.970.970.00.811.00.381.00.97
0.840.40.730.73-0.820.690.830.86-0.960.96-0.620.85-0.20.810.490.820.910.810.770.140.760.850.40.850.83
-0.170.21-0.230.01-0.28-0.4-0.3-0.260.41-0.310.68-0.2-0.2-0.410.08-0.09-0.18-0.4-0.060.73-0.53-0.210.81-0.17-0.3
0.960.320.60.84-0.450.720.980.97-0.840.86-0.690.970.81-0.410.350.940.931.00.92-0.20.870.970.160.960.98
0.48-0.140.50.48-0.440.840.260.47-0.490.38-0.230.480.490.080.350.440.590.350.410.40.320.480.340.490.26
0.990.50.510.96-0.630.650.960.96-0.760.85-0.450.980.82-0.090.940.440.940.941.00.120.710.980.470.990.96
0.970.280.750.85-0.650.810.910.98-0.910.88-0.640.980.91-0.180.930.590.940.930.910.050.840.980.410.970.91
0.970.340.590.85-0.460.710.980.97-0.830.86-0.670.970.81-0.41.00.350.940.930.93-0.190.860.970.180.960.98
0.980.540.450.97-0.610.610.950.93-0.710.83-0.390.970.77-0.060.920.411.00.910.930.140.660.960.480.980.95
0.040.53-0.260.32-0.65-0.03-0.1-0.10.090.120.640.00.140.73-0.20.40.120.05-0.190.14-0.48-0.040.720.04-0.1
0.78-0.10.870.49-0.270.720.80.88-0.880.7-0.950.810.76-0.530.870.320.710.840.860.66-0.480.840.00.780.8
0.990.330.670.88-0.570.740.961.0-0.850.86-0.631.00.85-0.210.970.480.980.980.970.96-0.040.840.370.990.96
0.410.440.220.5-0.710.050.270.33-0.190.280.240.380.40.810.160.340.470.410.180.480.720.00.370.410.27
1.00.40.60.93-0.60.730.960.98-0.820.87-0.551.00.85-0.170.960.490.990.970.960.980.040.780.990.410.96
0.960.490.530.88-0.550.61.00.95-0.820.9-0.590.970.83-0.30.980.260.960.910.980.95-0.10.80.960.270.96
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Global Net Account Relationship Matchups

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Other Information on Investing in Global Stock

Balance Sheet is a snapshot of the financial position of Global Net Lease at a specified time, usually calculated after every quarter, six months, or one year. Global Net Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Global Net 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.