Glimpse Net Invested Capital vs Net Debt Analysis

VRAR Stock

USD 0.68 0.07 11.48%

Glimpse financial indicator trend analysis is much more than just examining Glimpse Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glimpse Group is a good investment. Please check the relationship between Glimpse Net Invested Capital and its Net Debt accounts. 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.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glimpse Group Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Glimpse's Net Invested Capital and Net Debt is -0.91. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Glimpse Group, assuming nothing else is changed. The correlation between historical values of Glimpse's Net Invested Capital and Net Debt 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 Invested Capital of Glimpse Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Glimpse's Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Glimpse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

As of 11/22/2024, Issuance Of Capital Stock is likely to grow to about 5.6 M, while Selling General Administrative is likely to drop slightly above 3.8 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	540.2K	2.2M	1.4M	764.7K
Interest Income	32.2K	242.4K	278.8K	292.7K

Depreciation And Amortization Interest Income

Glimpse fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.24	0.78	0.81	0.97	0.65	0.23	0.69	0.64	-0.87	-0.65	0.74	0.89	0.98	0.89	0.93	0.95	0.85	0.6	0.92	-0.43	0.38	0.85	0.88	0.98	0.69
Short Long Term Debt Total	0.24		0.36	0.37	0.11	0.84	-0.15	0.2	0.04	-0.06	-0.29	0.68	0.22	0.22	0.21	0.45	0.21	0.25	0.14	0.55	0.64	0.54	0.29	0.46	0.19	0.2
Other Current Liab	0.78	0.36		1.0	0.61	0.63	-0.25	0.88	0.34	-0.48	-0.76	0.89	0.53	0.83	0.53	0.94	0.8	0.75	0.63	0.88	-0.07	0.59	0.81	0.97	0.62	0.88
Total Current Liabilities	0.81	0.37	1.0		0.65	0.65	-0.22	0.88	0.37	-0.52	-0.76	0.9	0.57	0.85	0.57	0.95	0.82	0.77	0.63	0.9	-0.1	0.58	0.83	0.98	0.66	0.88
Total Stockholder Equity	0.97	0.11	0.61	0.65		0.54	0.38	0.56	0.67	-0.92	-0.55	0.58	0.92	0.93	0.92	0.81	0.91	0.81	0.55	0.81	-0.54	0.26	0.78	0.74	1.0	0.56
Other Liab	0.65	0.84	0.63	0.65	0.54		-0.18	0.59	0.17	-0.35	-0.69	0.83	0.48	0.66	0.48	0.77	0.68	0.71	0.59	0.81	0.25	0.74	0.73	0.74	0.6	0.59
Net Tangible Assets	0.23	-0.15	-0.25	-0.22	0.38	-0.18		-0.48	0.77	-0.67	0.57	-0.18	0.63	0.07	0.63	-0.05	-0.01	-0.15	-0.52	0.06	-0.39	-0.66	-0.26	-0.09	0.36	-0.48
Property Plant And Equipment Net	0.69	0.2	0.88	0.88	0.56	0.59	-0.48		0.12	-0.3	-0.9	0.7	0.33	0.81	0.33	0.82	0.84	0.87	0.88	0.71	-0.2	0.73	0.92	0.82	0.55	1.0
Current Deferred Revenue	0.64	0.04	0.34	0.37	0.67	0.17	0.77	0.12		-0.88	0.11	0.26	0.87	0.54	0.87	0.45	0.45	0.29	-0.12	0.55	-0.55	-0.37	0.22	0.47	0.66	0.12
Net Debt	-0.87	-0.06	-0.48	-0.52	-0.92	-0.35	-0.67	-0.3	-0.88		0.2	-0.46	-0.99	-0.78	-0.99	-0.68	-0.72	-0.57	-0.2	-0.71	0.54	0.06	-0.51	-0.62	-0.91	-0.3
Retained Earnings	-0.65	-0.29	-0.76	-0.76	-0.55	-0.69	0.57	-0.9	0.11	0.2		-0.71	-0.25	-0.76	-0.25	-0.77	-0.81	-0.85	-0.94	-0.68	0.08	-0.85	-0.92	-0.74	-0.56	-0.9
Accounts Payable	0.74	0.68	0.89	0.9	0.58	0.83	-0.18	0.7	0.26	-0.46	-0.71		0.56	0.75	0.56	0.93	0.72	0.69	0.53	0.91	0.24	0.69	0.74	0.93	0.63	0.7
Cash	0.89	0.22	0.53	0.57	0.92	0.48	0.63	0.33	0.87	-0.99	-0.25	0.56		0.8	1.0	0.74	0.74	0.6	0.22	0.78	-0.43	0.03	0.55	0.69	0.92	0.33
Non Current Assets Total	0.98	0.22	0.83	0.85	0.93	0.66	0.07	0.81	0.54	-0.78	-0.76	0.75	0.8		0.8	0.94	0.99	0.93	0.73	0.9	-0.42	0.5	0.93	0.9	0.94	0.81
Cash And Short Term Investments	0.89	0.21	0.53	0.57	0.92	0.48	0.63	0.33	0.87	-0.99	-0.25	0.56	1.0	0.8		0.73	0.74	0.6	0.22	0.78	-0.43	0.03	0.54	0.68	0.92	0.33
Net Receivables	0.93	0.45	0.94	0.95	0.81	0.77	-0.05	0.82	0.45	-0.68	-0.77	0.93	0.74	0.94	0.73		0.91	0.85	0.66	0.97	-0.13	0.6	0.89	0.98	0.83	0.82
Good Will	0.95	0.21	0.8	0.82	0.91	0.68	-0.01	0.84	0.45	-0.72	-0.81	0.72	0.74	0.99	0.74	0.91		0.96	0.81	0.86	-0.41	0.57	0.96	0.86	0.91	0.84
Common Stock Total Equity	0.85	0.25	0.75	0.77	0.81	0.71	-0.15	0.87	0.29	-0.57	-0.85	0.69	0.6	0.93	0.6	0.85	0.96		0.9	0.76	-0.28	0.71	0.99	0.79	0.81	0.87
Common Stock Shares Outstanding	0.6	0.14	0.63	0.63	0.55	0.59	-0.52	0.88	-0.12	-0.2	-0.94	0.53	0.22	0.73	0.22	0.66	0.81	0.9		0.53	-0.19	0.82	0.92	0.6	0.55	0.88
Non Current Liabilities Total	0.92	0.55	0.88	0.9	0.81	0.81	0.06	0.71	0.55	-0.71	-0.68	0.91	0.78	0.9	0.78	0.97	0.86	0.76	0.53		-0.13	0.5	0.8	0.97	0.84	0.71
Inventory	-0.43	0.64	-0.07	-0.1	-0.54	0.25	-0.39	-0.2	-0.55	0.54	0.08	0.24	-0.43	-0.42	-0.43	-0.13	-0.41	-0.28	-0.19	-0.13		0.39	-0.24	-0.12	-0.48	-0.2
Other Current Assets	0.38	0.54	0.59	0.58	0.26	0.74	-0.66	0.73	-0.37	0.06	-0.85	0.69	0.03	0.5	0.03	0.6	0.57	0.71	0.82	0.5	0.39		0.76	0.56	0.3	0.73
Other Stockholder Equity	0.85	0.29	0.81	0.83	0.78	0.73	-0.26	0.92	0.22	-0.51	-0.92	0.74	0.55	0.93	0.54	0.89	0.96	0.99	0.92	0.8	-0.24	0.76		0.84	0.78	0.92
Total Liab	0.88	0.46	0.97	0.98	0.74	0.74	-0.09	0.82	0.47	-0.62	-0.74	0.93	0.69	0.9	0.68	0.98	0.86	0.79	0.6	0.97	-0.12	0.56	0.84		0.76	0.82
Net Invested Capital	0.98	0.19	0.62	0.66	1.0	0.6	0.36	0.55	0.66	-0.91	-0.56	0.63	0.92	0.94	0.92	0.83	0.91	0.81	0.55	0.84	-0.48	0.3	0.78	0.76		0.55
Property Plant And Equipment Gross	0.69	0.2	0.88	0.88	0.56	0.59	-0.48	1.0	0.12	-0.3	-0.9	0.7	0.33	0.81	0.33	0.82	0.84	0.87	0.88	0.71	-0.2	0.73	0.92	0.82	0.55

Click cells to compare fundamentals

Glimpse Account Relationship Matchups

Glimpse fundamental ratios 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	949.0K	684.7K
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

0.79	CETXP	Cemtrex Pref	Pair Corr
0.76	DBX	Dropbox	Pair Corr
0.68	NN	Nextnav Acquisition Corp	Pair Corr
0.63	S	SentinelOne	Pair Corr
0.6	JG	Aurora Mobile Trending	Pair Corr

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 Correlation Correlation 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC