Global Historical Cash Flow
| GLP Stock | USD 51.85 1.29 2.55% |
Analysis of Global Partners cash flow over time is an excellent tool to project Global Partners LP future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 62.3 M or Other Non Cash Items of 13.3 M as it is a great indicator of Global Partners ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Global Partners LP 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 Global Partners LP is a good buy for the upcoming year.
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About Global Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Global balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Global's non-liquid assets can be easily converted into cash.
Global Partners Cash Flow Chart
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Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Global Partners' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Global Partners LP current financial condition. On the other hand, looking into the entire matrix of cash flow statement 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Partners LP. 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 Partners' Dividends Paid is relatively stable compared to the past year. As of 11/22/2024, Change To Inventory is likely to grow to about 180.7 M, though Total Cash From Financing Activities is likely to grow to (4.2 M).
Global Partners cash flow statement Correlations
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Global Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Partners cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 3.9M | (2.3M) | 1.1M | (6.8M) | 15.6M | 16.4M | |
| Free Cash Flow | 11.5M | 236.2M | (51.5M) | 373.2M | 110.4M | 115.9M | |
| Other Cashflows From Financing Activities | (657K) | (1.3M) | 170.3M | 55.6M | (149K) | (141.6K) | |
| Depreciation | 108.2M | 100.1M | 102.2M | 104.8M | 110.1M | 62.3M | |
| Other Non Cash Items | 19.1M | 16.0M | 5.2M | (74.3M) | 13.1M | 13.3M | |
| Capital Expenditures | 82.9M | 76.3M | 101.7M | 106.8M | 402.0M | 422.1M | |
| Total Cash From Operating Activities | 94.4M | 312.5M | 50.2M | 480.0M | 512.4M | 538.1M | |
| Net Income | 35.2M | 101.7M | 60.8M | 362.2M | 142.6M | 149.7M | |
| Total Cash From Financing Activities | (23.3M) | (245.1M) | 66.0M | (250.6M) | (4.5M) | (4.2M) | |
| End Period Cash Flow | 12.0M | 9.7M | 10.8M | 4.0M | 19.6M | 20.6M | |
| Dividends Paid | 76.6M | 71.4M | 91.9M | 100.5M | 144.7M | 152.0M | |
| Change To Account Receivables | (81.4M) | 190.6M | (182.6M) | (69.0M) | (79.5M) | (83.5M) | |
| Change To Inventory | (64.8M) | 65.6M | (123.9M) | (52.1M) | 172.1M | 180.7M | |
| Change In Working Capital | (70.0M) | 80.3M | (119.3M) | 75.0M | 233.5M | 245.2M | |
| Begin Period Cash Flow | 8.1M | 12.0M | 9.7M | 10.8M | 4.0M | 6.4M | |
| Change To Netincome | 17.7M | 24.2M | 1.1M | (67.5M) | (60.7M) | (57.7M) | |
| Stock Based Compensation | 2.0M | 1.1M | 707K | 2.7M | 10.6M | 11.1M | |
| Sale Purchase Of Stock | (657K) | (568K) | (6.0M) | (4.5M) | (4.0M) | (4.2M) | |
| Change To Liabilities | 51.4M | (140.5M) | 145.4M | 177.6M | 159.9M | 167.9M | |
| Total Cashflows From Investing Activities | (67.2M) | (69.7M) | (115.1M) | (236.2M) | (271.6M) | (285.2M) | |
| Other Cashflows From Investing Activities | 15.7M | 6.6M | (1.7M) | (129.4M) | (148.8M) | (156.2M) | |
| Change Receivables | 80.2M | (81.4M) | 190.6M | (182.6M) | (164.3M) | (156.1M) | |
| Net Borrowings | (327.9M) | (172.0M) | 91.7M | (145.7M) | (131.1M) | (124.6M) | |
| Cash And Cash Equivalents Changes | (6.7M) | 3.9M | (2.3M) | 1.1M | 1.0M | 521.7K | |
| Cash Flows Other Operating | 1.8M | 130.4M | 65.8M | 139.2M | 160.1M | 168.1M | |
| Change To Operating Activities | 11.7M | (10.3M) | 41.7M | 18.5M | 21.2M | 22.3M | |
| Investments | (67.2M) | (69.7M) | (115.1M) | (236.2M) | (163.3M) | (171.5M) |
Pair Trading with Global Partners
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 Global Partners 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 Global Partners will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Stock
| 0.81 | AM | Antero Midstream Partners | PairCorr |
| 0.95 | EE | Excelerate Energy | PairCorr |
| 0.84 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.85 | DLNG | Dynagas LNG Partners Earnings Call This Week | PairCorr |
Moving against Global Stock
| 0.77 | LPG | Dorian LPG | PairCorr |
| 0.62 | BROGW | Brooge Energy Limited | PairCorr |
| 0.55 | TEN | Tsakos Energy Navigation Symbol Change | PairCorr |
| 0.54 | GEL | Genesis Energy LP | PairCorr |
| 0.46 | FRO | Frontline Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners 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 Global Partners - 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 Global Partners LP to buy it.
The correlation of Global Partners 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 Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP 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 Global Partners 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 Global Stock Analysis
When running Global Partners' price analysis, check to measure Global Partners' 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 Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.