Globavend Net Working Capital vs Capital Stock Analysis
| GVH Stock | 0.72 0.03 4.35% |
Globavend Holdings financial indicator trend analysis is much more than just examining Globavend Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globavend Holdings is a good investment. Please check the relationship between Globavend Holdings Net Working Capital and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globavend Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Net Working Capital vs Capital Stock
Net Working Capital vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globavend Holdings Net Working Capital account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Globavend Holdings' Net Working Capital and Capital Stock is 0.68. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Globavend Holdings Limited, assuming nothing else is changed. The correlation between historical values of Globavend Holdings' Net Working Capital and Capital 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 Working Capital of Globavend Holdings Limited are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Working Capital i.e., Globavend Holdings' Net Working Capital and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.68 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Working Capital
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Globavend Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globavend Holdings 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 Globavend Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. As of now, Globavend Holdings' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Globavend Holdings' current Enterprise Value Multiple is estimated to increase to 47.48, while Tax Provision is projected to decrease to under 145.3 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 43.8K | 33.8K | 38.9K | 31.6K | Interest Income | 108.0 | 3.5K | 4.0K | 4.2K |
Globavend Holdings fundamental ratios Correlations
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Globavend Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Globavend Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globavend Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Globavend Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globavend Holdings Limited Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globavend Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globavend Holdings. If investors know Globavend will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globavend Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.831 | Earnings Share 0.1 | Revenue Per Share 1.282 | Quarterly Revenue Growth (0.11) | Return On Assets 0.244 |
The market value of Globavend Holdings is measured differently than its book value, which is the value of Globavend that is recorded on the company's balance sheet. Investors also form their own opinion of Globavend Holdings' value that differs from its market value or its book value, called intrinsic value, which is Globavend Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globavend Holdings' market value can be influenced by many factors that don't directly affect Globavend Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globavend Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globavend Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globavend Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.