Global Other Liab vs Net Debt Analysis
GNL-PE Stock | 22.76 0.24 1.07% |
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 Other Liab and its Net Debt 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.
Other Liab vs Net Debt
Other Liab vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Net Lease Other Liab account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Global Net's Other Liab and Net Debt is -0.54. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Debt 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 Other Liab and Net 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 Other Liab of Global Net Lease are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Liab i.e., Global Net's Other Liab and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Liab
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.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 Profit | 358.5M | 346.0M | 364.5M | 361.8M | Total Revenue | 391.2M | 378.9M | 515.1M | 422.7M |
Global Net fundamental ratios Correlations
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Global Net Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.