Global Other Assets vs Cash Analysis
SELF Stock | USD 5.31 0.16 3.11% |
Global Self financial indicator trend analysis is much more than just examining Global Self Storage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Self Storage is a good investment. Please check the relationship between Global Self Other Assets and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global Self Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Self Storage Other Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Self's Other Assets and Cash is 0.72. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Global Self Storage, assuming nothing else is changed. The correlation between historical values of Global Self's Other Assets and Cash 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 Assets of Global Self Storage are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., Global Self's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Cash
Cash refers to the most liquid asset of Global Self Storage, which is listed under current asset account on Global Self Storage balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Global Self customers. The amounts must be unrestricted with restricted cash listed in a different Global Self account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Global Self's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Self Storage 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Global Self Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Global Self's Selling General Administrative is most likely to increase significantly in the upcoming years. The Global Self's current Sales General And Administrative To Revenue is estimated to increase to 0.35, while Issuance Of Capital Stock is projected to decrease to roughly 25.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.0M | 780.2K | 846.4K | 1.5M | Depreciation And Amortization | 6.3M | 9.5M | 1.6M | 3.0M |
Global Self fundamental ratios Correlations
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Global Self Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Self fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 67.7M | 64.9M | 66.5M | 67.4M | 66.9M | 48.9M | |
Other Current Liab | 1.8M | (513.9K) | (2.0M) | (558.7K) | 35.7K | 33.9K | |
Total Current Liabilities | 6.8M | 6.5M | 1.5M | 1.6M | 1.7M | 1.5M | |
Total Stockholder Equity | 42.1M | 40.0M | 47.1M | 48.3M | 48.2M | 40.3M | |
Retained Earnings | 1.6M | (509.9K) | 159.7K | (801.7K) | (1.1M) | (1.1M) | |
Non Current Assets Total | 61.2M | 60.6M | 59.3M | 57.9M | 694.1K | 659.4K | |
Non Currrent Assets Other | 58.3M | 59.9M | 58.6M | 57.2M | (2.8M) | (3.0M) | |
Other Assets | 311.9K | 62.5M | 58.3M | 57.8M | 58.3M | 61.3M | |
Net Receivables | 164.1K | 106.5K | 120.6K | 168.3K | 169.4K | 160.9K | |
Common Stock Shares Outstanding | 7.7M | 9.3M | 10.0M | 10.9M | 11.1M | 8.5M | |
Liabilities And Stockholders Equity | 67.7M | 64.9M | 66.5M | 67.4M | 66.9M | 48.9M | |
Other Stockholder Equity | 40.3M | 40.5M | 46.9M | 49.8M | 49.2M | 41.2M | |
Total Liab | 25.6M | 24.9M | 19.4M | 19.0M | 18.6M | 19.6M | |
Total Current Assets | 6.5M | 4.3M | 7.2M | 9.5M | 7.8M | 8.2M | |
Short Long Term Debt Total | 23.8M | 23.5M | 17.9M | 18.0M | 16.9M | 14.0M | |
Net Debt | 19.8M | 21.9M | 15.0M | 11.1M | 10.0M | 7.9M | |
Non Current Liabilities Total | 18.8M | 18.4M | 17.9M | 17.4M | 16.9M | 10.0M | |
Cash | 4.0M | 1.6M | 2.9M | 6.4M | 6.9M | 7.3M | |
Cash And Short Term Investments | 5.8M | 3.5M | 6.4M | 8.7M | 7.0M | 3.8M | |
Net Tangible Assets | 41.0M | 39.3M | 46.4M | 47.6M | 54.8M | 43.5M | |
Accounts Payable | 1.8M | 1.3M | 1.5M | 1.6M | 1.7M | 1.0M | |
Long Term Debt | 18.8M | 18.4M | 17.9M | 17.4M | 16.9M | 18.4M | |
Long Term Investments | 1.8M | 1.9M | 3.5M | 123.2K | 2.8M | 2.6M | |
Common Stock | 93.3K | 93.4K | 107.1K | 111.1K | 111.5K | 106.0K | |
Short Term Investments | 1.8M | 1.9M | 3.5M | 2.4M | 50.9K | 48.3K | |
Inventory | 263.4K | 340.7K | 164.0K | 151.4K | (50.9K) | (48.3K) | |
Other Current Assets | 325.5K | 1.0M | (3.5M) | 479.5K | 751.1K | 788.7K | |
Common Stock Total Equity | 76.9K | 93.3K | 93.4K | 111.1K | 127.8K | 96.6K | |
Retained Earnings Total Equity | 3.2M | 1.6M | (509.9K) | (801.7K) | (721.5K) | (685.4K) | |
Long Term Debt Total | 19.3M | 18.8M | 18.4M | 17.4M | 15.7M | 15.0M | |
Capital Surpluse | 34.0M | 40.3M | 40.5M | 49.0M | 56.4M | 42.4M | |
Property Plant Equipment | 59.8M | 59.8M | 58.4M | 56.9M | 65.4M | 62.8M | |
Net Invested Capital | 65.8M | 63.6M | 65.0M | 65.8M | 65.1M | 69.1M | |
Net Working Capital | (251.2K) | (2.2M) | 5.7M | 7.9M | 5.5M | 3.2M | |
Deferred Long Term Liab | 311.9K | 152.5K | 254.0K | 152.4K | 137.2K | 214.7K | |
Capital Stock | 93.3K | 93.4K | 107.1K | 111.1K | 111.5K | 108.8K |
Currently Active Assets on Macroaxis
When determining whether Global Self Storage is a strong investment it is important to analyze Global Self's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Self's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global Self Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Self-Storage REITs 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 Global Self. If investors know Global 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 Global Self 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 4 | Dividend Share 0.29 | Earnings Share 0.27 | Revenue Per Share 1.112 | Quarterly Revenue Growth 0.036 |
The market value of Global Self Storage is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Self's value that differs from its market value or its book value, called intrinsic value, which is Global Self's 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 Global Self's market value can be influenced by many factors that don't directly affect Global Self's 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 Global Self's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Self is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Self's 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.