Glimpse Historical Balance Sheet
VRAR Stock | USD 0.70 0.04 5.41% |
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.
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.
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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
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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.Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.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 11/29/2024, 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 Total | 829.4K | 543.5K | 516.3K | Total Assets | 38.4M | 15.6M | 15.7M |
Glimpse balance sheet Correlations
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Glimpse Account Relationship Matchups
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Glimpse balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0M | 3.2M | 38.4M | 24.3M | 15.6M | 15.7M | |
Other Current Liab | 118.6K | 1.9M | 3.1M | 6.8M | 1.8M | 2.5M | |
Total Current Liabilities | 570.5K | 2.3M | 4.2M | 8.1M | 2.4M | 3.3M | |
Total Stockholder Equity | (305.7K) | (1.2M) | 28.8M | 11.2M | 11.5M | 9.5M | |
Net Tangible Assets | (305.7K) | (1.2M) | 11.3M | (4.3M) | (4.9M) | (4.7M) | |
Property Plant And Equipment Net | 41.2K | 42.2K | 246.0K | 892.3K | 620.1K | 342.9K | |
Current Deferred Revenue | 330.4K | 98.4K | 841.4K | 466.4K | 72.8K | 69.1K | |
Net Debt | 697.6K | 281.9K | (16.2M) | (4.8M) | (1.3M) | (1.4M) | |
Retained Earnings | (16.0M) | (22.1M) | (28.1M) | (56.6M) | (63.0M) | (59.9M) | |
Accounts Payable | 121.5K | 381.5K | 340.1K | 455.8K | 181.7K | 279.2K | |
Cash | 1.0M | 1.8M | 16.2M | 5.6M | 1.8M | 1.8M | |
Non Current Assets Total | 41.2K | 42.2K | 20.1M | 16.5M | 12.0M | 9.0M | |
Cash And Short Term Investments | 1.0M | 1.8M | 16.5M | 5.6M | 1.8M | 1.8M | |
Net Receivables | 214.7K | 626.2K | 1.3M | 1.5M | 723.0K | 821.1K | |
Liabilities And Stockholders Equity | 2.0M | 3.2M | 38.4M | 24.3M | 15.6M | 15.7M | |
Non Current Liabilities Total | 1.7M | 2.1M | 5.3M | 4.9M | 1.6M | 2.9M | |
Inventory | 237.7K | 499.6K | 39.5K | 158.6K | 170.8K | 170.5K | |
Other Current Assets | 468.7K | 780.7K | 425.1K | 720.7K | 778.2K | 653.4K | |
Other Stockholder Equity | 15.7M | 20.9M | 56.9M | 67.9M | 74.6M | 45.5M | |
Total Liab | 2.3M | 4.4M | 9.6M | 13.1M | 4.0M | 6.2M | |
Net Invested Capital | 1.4M | 882.0K | 28.8M | 11.2M | 11.5M | 10.1M | |
Property Plant And Equipment Gross | 41.2K | 42.2K | 246.0K | 892.3K | 620.1K | 342.9K | |
Total Current Assets | 2.0M | 3.2M | 18.3M | 7.8M | 3.5M | 6.7M | |
Capital Stock | 7.0K | 7.6K | 12.7K | 14.7K | 18.2K | 12.3K | |
Net Working Capital | 1.4M | 839.8K | 14.1M | (332.6K) | 1.1M | 1.0M | |
Common Stock | 7.0K | 7.6K | 12.7K | 14.7K | 18.2K | 12.3K | |
Property Plant Equipment | 41.2K | 42.2K | 246.0K | 892.3K | 1.0M | 1.1M |
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.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.