Glory Gross Profit vs Net Interest Income Analysis

GSMGW Stock  USD 0  0.00  0.00%   
Glory Star financial indicator trend analysis is much more than just examining Glory Star New latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glory Star New is a good investment. Please check the relationship between Glory Star Gross Profit and its Net Interest Income 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 price.

Gross Profit vs Net Interest Income

Gross Profit vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glory Star New Gross Profit account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Glory Star's Gross Profit and Net Interest Income is -0.27. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Glory Star New, assuming nothing else is changed. The correlation between historical values of Glory Star's Gross Profit and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Glory Star New are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Gross Profit i.e., Glory Star's Gross Profit and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Glory Star New minus its cost of goods sold. It is profit before Glory Star operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Glory Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glory Star New 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 price.
At this time, Glory Star's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 84 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (0.71).
 2021 2022 2023 2024 (projected)
Interest Expense513K93K107.0K101.6K
Depreciation And Amortization2.3M3.6M4.2M4.4M

Glory Star fundamental ratios Correlations

0.44-0.810.881.0-0.03-0.85-0.870.90.820.960.670.110.950.83-0.69-0.830.970.340.871.00.231.00.990.24-0.84
0.44-0.720.480.420.08-0.73-0.210.410.470.310.54-0.730.340.6-0.33-0.640.32-0.570.680.440.950.410.40.96-0.49
-0.81-0.72-0.7-0.81-0.30.950.7-0.84-0.84-0.67-0.770.28-0.77-0.920.510.95-0.720.05-0.8-0.82-0.61-0.78-0.79-0.570.77
0.880.48-0.70.87-0.02-0.72-0.80.920.850.80.720.110.850.82-0.47-0.770.810.310.970.870.270.860.840.33-0.94
1.00.42-0.810.87-0.03-0.84-0.870.90.820.960.660.130.950.83-0.69-0.820.980.360.851.00.21.01.00.22-0.84
-0.030.08-0.3-0.02-0.03-0.020.010.130.41-0.240.570.19-0.060.350.48-0.45-0.20.22-0.01-0.030.03-0.11-0.11-0.05-0.22
-0.85-0.730.95-0.72-0.84-0.020.68-0.83-0.71-0.75-0.590.36-0.78-0.880.730.86-0.790.13-0.82-0.85-0.63-0.84-0.84-0.610.72
-0.87-0.210.7-0.8-0.870.010.68-0.9-0.84-0.81-0.66-0.27-0.98-0.750.420.71-0.85-0.47-0.73-0.87-0.04-0.85-0.85-0.070.83
0.90.41-0.840.920.90.13-0.83-0.90.90.80.730.110.920.92-0.51-0.870.840.340.890.90.240.880.880.25-0.92
0.820.47-0.840.850.820.41-0.71-0.840.90.680.930.130.850.87-0.21-0.910.710.350.830.820.280.770.760.28-0.92
0.960.31-0.670.80.96-0.24-0.75-0.810.80.680.470.140.90.65-0.78-0.650.990.340.770.960.110.980.980.13-0.69
0.670.54-0.770.720.660.57-0.59-0.660.730.930.470.110.670.830.0-0.890.510.30.730.670.340.60.590.34-0.87
0.11-0.730.280.110.130.190.36-0.270.110.130.140.110.17-0.030.220.050.140.97-0.130.1-0.890.10.1-0.86-0.16
0.950.34-0.770.850.95-0.06-0.78-0.980.920.850.90.670.170.79-0.56-0.770.930.390.810.950.150.940.940.18-0.85
0.830.6-0.920.820.830.35-0.88-0.750.920.870.650.83-0.030.79-0.44-0.970.710.20.840.830.430.790.790.42-0.91
-0.69-0.330.51-0.47-0.690.480.730.42-0.51-0.21-0.780.00.22-0.56-0.440.38-0.780.08-0.52-0.7-0.27-0.75-0.76-0.250.3
-0.83-0.640.95-0.77-0.82-0.450.860.71-0.87-0.91-0.65-0.890.05-0.77-0.970.38-0.7-0.18-0.82-0.83-0.46-0.78-0.78-0.430.87
0.970.32-0.720.810.98-0.2-0.79-0.850.840.710.990.510.140.930.71-0.78-0.70.350.780.980.120.990.990.14-0.73
0.34-0.570.050.310.360.220.13-0.470.340.350.340.30.970.390.20.08-0.180.350.090.33-0.770.330.32-0.75-0.38
0.870.68-0.80.970.85-0.01-0.82-0.730.890.830.770.73-0.130.810.84-0.52-0.820.780.090.860.50.840.830.54-0.91
1.00.44-0.820.871.0-0.03-0.85-0.870.90.820.960.670.10.950.83-0.7-0.830.980.330.860.231.00.990.24-0.84
0.230.95-0.610.270.20.03-0.63-0.040.240.280.110.34-0.890.150.43-0.27-0.460.12-0.770.50.230.210.20.99-0.27
1.00.41-0.780.861.0-0.11-0.84-0.850.880.770.980.60.10.940.79-0.75-0.780.990.330.841.00.211.00.22-0.8
0.990.4-0.790.841.0-0.11-0.84-0.850.880.760.980.590.10.940.79-0.76-0.780.990.320.830.990.21.00.21-0.79
0.240.96-0.570.330.22-0.05-0.61-0.070.250.280.130.34-0.860.180.42-0.25-0.430.14-0.750.540.240.990.220.21-0.32
-0.84-0.490.77-0.94-0.84-0.220.720.83-0.92-0.92-0.69-0.87-0.16-0.85-0.910.30.87-0.73-0.38-0.91-0.84-0.27-0.8-0.79-0.32
Click cells to compare fundamentals

Glory Star Account Relationship Matchups

Glory Star fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.7M143.4M195.2M206.0M327.6M344.0M
Short Long Term Debt Total2.7M9.7M6.4M5.1M5.9M7.3M
Other Current Liab8.3M12.0M2.8M2.6M2.4M2.3M
Total Current Liabilities15.7M35.4M34.6M32.9M46.2M32.4M
Total Stockholder Equity61.8M104.8M158.9M172.4M279.9M293.9M
Property Plant And Equipment Net2.4M1.9M1.5M910K462K438.9K
Current Deferred Revenue610K609K536K147K132.3K125.7K
Net Debt(4.2M)(8.0M)(70.9M)(65.4M)(58.8M)(55.9M)
Retained Earnings49.5M78.6M124.0M150.7M181.2M97.1M
Accounts Payable4.5M7.9M12.9M6.4M9.6M6.6M
Cash6.9M17.7M77.3M70.5M194.2M203.9M
Non Current Assets Total19.2M40.3M41.6M22.1M20.8M25.1M
Non Currrent Assets Other1.7M1.3M1.9M808K929.2K975.7K
Cash And Short Term Investments6.9M19.5M77.3M70.5M81.1M85.1M
Net Receivables51.1M81.1M63.1M98.0M81.2M65.5M
Common Stock Shares Outstanding46.5M59.1M65.4M31.3M10.0M9.5M
Liabilities And Stockholders Equity79.7M143.4M195.2M206.0M236.9M130.2M
Non Current Liabilities Total1.7M2.8M1.2M557K1.4M1.9M
Inventory7.0M2.2M(1.7M)1.00.90.86
Other Current Assets2.5M2.5M13.1M15.3M31.2M32.7M
Other Stockholder Equity11.8M20.7M26.9M28.4M32.7M34.3M
Total Liab17.5M38.1M35.7M33.5M47.6M35.0M
Net Invested Capital64.7M112.7M163.9M176.8M285.6M299.8M
Short Long Term Debt2.9M6.6M5.0M4.4M4.2M4.4M
Total Current Assets60.5M103.1M153.5M183.8M306.9M322.2M
Accumulated Other Comprehensive Income(1.1M)5.5M9.3M(5.3M)(6.1M)(5.8M)
Net Working Capital44.7M67.8M119.0M150.9M260.7M273.7M
Short Term Debt1.0M6.9M5.3M4.6M4.2M4.5M

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