Glimpse Historical Balance Sheet

VRAR Stock  USD 0.78  0.10  14.71%   
Trend analysis of Glimpse Group balance sheet accounts such as Total Assets of 15.7 M, Short Long Term Debt Total of 516.3 K, Other Current Liabilities of 2.5 M or Total Current Liabilities of 3.3 M provides information on Glimpse's total assets, liabilities, and equity, which is the actual value of Glimpse Group to its prevalent stockholders. By breaking down trends over time using Glimpse balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Glimpse Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Glimpse Group is a good buy for the upcoming year.

Glimpse Inventory

170,454

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Glimpse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Glimpse Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Glimpse Group at a specified time, usually calculated after every quarter, six months, or one year. Glimpse Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Glimpse 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 Glimpse currently owns. An asset can also be divided into two categories, current and non-current.

Glimpse Balance Sheet Chart

At this time, Glimpse's Total Liabilities is relatively stable compared to the past year. As of 11/26/2024, Total Current Assets is likely to grow to about 6.7 M, while Total Stockholder Equity is likely to drop slightly above 9.5 M.

Total Assets

Total assets refers to the total amount of Glimpse assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Glimpse Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Glimpse balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Glimpse Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Glimpse Group, which is listed under current asset account on Glimpse Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Glimpse customers. The amounts must be unrestricted with restricted cash listed in a different Glimpse 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.

Long Term Debt

Long-term debt is a debt that Glimpse Group has held for over one year. Long-term debt appears on Glimpse Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Glimpse Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Glimpse's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Glimpse Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Glimpse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Glimpse's Total Liabilities is relatively stable compared to the past year. As of 11/26/2024, Total Current Assets is likely to grow to about 6.7 M, while Total Stockholder Equity is likely to drop slightly above 9.5 M.
 2021 2023 2024 (projected)
Short and Long Term Debt Total829.4K543.5K516.3K
Total Assets38.4M15.6M15.7M

Glimpse balance sheet Correlations

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0.240.360.370.110.84-0.150.20.04-0.06-0.290.680.220.220.210.450.210.250.140.550.640.540.290.460.190.2
0.780.361.00.610.63-0.250.880.34-0.48-0.760.890.530.830.530.940.80.750.630.88-0.070.590.810.970.620.88
0.810.371.00.650.65-0.220.880.37-0.52-0.760.90.570.850.570.950.820.770.630.9-0.10.580.830.980.660.88
0.970.110.610.650.540.380.560.67-0.92-0.550.580.920.930.920.810.910.810.550.81-0.540.260.780.741.00.56
0.650.840.630.650.54-0.180.590.17-0.35-0.690.830.480.660.480.770.680.710.590.810.250.740.730.740.60.59
0.23-0.15-0.25-0.220.38-0.18-0.480.77-0.670.57-0.180.630.070.63-0.05-0.01-0.15-0.520.06-0.39-0.66-0.26-0.090.36-0.48
0.690.20.880.880.560.59-0.480.12-0.3-0.90.70.330.810.330.820.840.870.880.71-0.20.730.920.820.551.0
0.640.040.340.370.670.170.770.12-0.880.110.260.870.540.870.450.450.29-0.120.55-0.55-0.370.220.470.660.12
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0.740.680.890.90.580.83-0.180.70.26-0.46-0.710.560.750.560.930.720.690.530.910.240.690.740.930.630.7
0.890.220.530.570.920.480.630.330.87-0.99-0.250.560.81.00.740.740.60.220.78-0.430.030.550.690.920.33
0.980.220.830.850.930.660.070.810.54-0.78-0.760.750.80.80.940.990.930.730.9-0.420.50.930.90.940.81
0.890.210.530.570.920.480.630.330.87-0.99-0.250.561.00.80.730.740.60.220.78-0.430.030.540.680.920.33
0.930.450.940.950.810.77-0.050.820.45-0.68-0.770.930.740.940.730.910.850.660.97-0.130.60.890.980.830.82
0.950.210.80.820.910.68-0.010.840.45-0.72-0.810.720.740.990.740.910.960.810.86-0.410.570.960.860.910.84
0.850.250.750.770.810.71-0.150.870.29-0.57-0.850.690.60.930.60.850.960.90.76-0.280.710.990.790.810.87
0.60.140.630.630.550.59-0.520.88-0.12-0.2-0.940.530.220.730.220.660.810.90.53-0.190.820.920.60.550.88
0.920.550.880.90.810.810.060.710.55-0.71-0.680.910.780.90.780.970.860.760.53-0.130.50.80.970.840.71
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0.380.540.590.580.260.74-0.660.73-0.370.06-0.850.690.030.50.030.60.570.710.820.50.390.760.560.30.73
0.850.290.810.830.780.73-0.260.920.22-0.51-0.920.740.550.930.540.890.960.990.920.8-0.240.760.840.780.92
0.880.460.970.980.740.74-0.090.820.47-0.62-0.740.930.690.90.680.980.860.790.60.97-0.120.560.840.760.82
0.980.190.620.661.00.60.360.550.66-0.91-0.560.630.920.940.920.830.910.810.550.84-0.480.30.780.760.55
0.690.20.880.880.560.59-0.481.00.12-0.3-0.90.70.330.810.330.820.840.870.880.71-0.20.730.920.820.55
Click cells to compare fundamentals

Glimpse Account Relationship Matchups

Glimpse balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0M3.2M38.4M24.3M15.6M15.7M
Other Current Liab118.6K1.9M3.1M6.8M1.8M2.5M
Total Current Liabilities570.5K2.3M4.2M8.1M2.4M3.3M
Total Stockholder Equity(305.7K)(1.2M)28.8M11.2M11.5M9.5M
Net Tangible Assets(305.7K)(1.2M)11.3M(4.3M)(4.9M)(4.7M)
Property Plant And Equipment Net41.2K42.2K246.0K892.3K620.1K342.9K
Current Deferred Revenue330.4K98.4K841.4K466.4K72.8K69.1K
Net Debt697.6K281.9K(16.2M)(4.8M)(1.3M)(1.4M)
Retained Earnings(16.0M)(22.1M)(28.1M)(56.6M)(63.0M)(59.9M)
Accounts Payable121.5K381.5K340.1K455.8K181.7K279.2K
Cash1.0M1.8M16.2M5.6M1.8M1.8M
Non Current Assets Total41.2K42.2K20.1M16.5M12.0M9.0M
Cash And Short Term Investments1.0M1.8M16.5M5.6M1.8M1.8M
Net Receivables214.7K626.2K1.3M1.5M723.0K821.1K
Liabilities And Stockholders Equity2.0M3.2M38.4M24.3M15.6M15.7M
Non Current Liabilities Total1.7M2.1M5.3M4.9M1.6M2.9M
Inventory237.7K499.6K39.5K158.6K170.8K170.5K
Other Current Assets468.7K780.7K425.1K720.7K949.0K684.7K
Other Stockholder Equity15.7M20.9M56.9M67.9M74.6M45.5M
Total Liab2.3M4.4M9.6M13.1M4.0M6.2M
Net Invested Capital1.4M882.0K28.8M11.2M11.5M10.1M
Property Plant And Equipment Gross41.2K42.2K246.0K892.3K620.1K342.9K
Total Current Assets2.0M3.2M18.3M7.8M3.5M6.7M
Capital Stock7.0K7.6K12.7K14.7K18.2K12.3K
Net Working Capital1.4M839.8K14.1M(332.6K)1.1M1.0M
Common Stock7.0K7.6K12.7K14.7K18.2K12.3K
Property Plant Equipment41.2K42.2K246.0K892.3K1.0M1.1M

Pair Trading with Glimpse

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Glimpse position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Glimpse will appreciate offsetting losses from the drop in the long position's value.

Moving against Glimpse Stock

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The ability to find closely correlated positions to Glimpse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glimpse when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Glimpse - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Glimpse Group to buy it.
The correlation of Glimpse is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Glimpse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glimpse Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Glimpse can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Glimpse Stock Analysis

When running Glimpse's price analysis, check to measure Glimpse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glimpse is operating at the current time. Most of Glimpse's value examination focuses on studying past and present price action to predict the probability of Glimpse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glimpse's price. Additionally, you may evaluate how the addition of Glimpse to your portfolios can decrease your overall portfolio volatility.