Global Good Will vs Cash And Short Term Investments Analysis

GBLI Stock  USD 31.89  0.87  2.80%   
Global Indemnity financial indicator trend analysis is much more than just examining Global Indemnity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Indemnity PLC is a good investment. Please check the relationship between Global Indemnity Good Will and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Good Will vs Cash And Short Term Investments

Good Will vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Indemnity PLC Good Will account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Global Indemnity's Good Will and Cash And Short Term Investments is -0.66. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Global Indemnity PLC, assuming nothing else is changed. The correlation between historical values of Global Indemnity's Good Will and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Global Indemnity PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Good Will i.e., Global Indemnity's Good Will and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Global Indemnity PLC balance sheet. This account contains Global Indemnity investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Global Indemnity PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Global Indemnity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Indemnity PLC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of now, Global Indemnity's Selling General Administrative is increasing as compared to previous years. The Global Indemnity's current Tax Provision is estimated to increase to about 4.3 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue678.3M628.5M528.1M472.1M
Interest Expense10.5M3.0M12K11.4K

Global Indemnity fundamental ratios Correlations

0.760.060.530.71-0.19-0.490.24-0.460.30.490.55-0.01-0.540.46-0.83-0.390.510.27-0.2-0.680.37-0.070.0-0.8-0.28
0.760.310.830.620.0-0.530.71-0.750.470.490.07-0.38-0.410.53-0.81-0.750.08-0.280.2-0.70.19-0.24-0.17-0.8-0.55
0.060.310.58-0.30.480.020.7-0.080.610.03-0.18-0.95-0.57-0.050.17-0.750.12-0.370.690.050.55-0.98-0.860.180.34
0.530.830.580.430.3-0.430.7-0.670.650.18-0.22-0.65-0.430.19-0.54-0.83-0.09-0.420.61-0.550.23-0.5-0.44-0.53-0.4
0.710.62-0.30.43-0.1-0.64-0.05-0.640.060.080.150.170.070.2-0.9-0.26-0.040.19-0.33-0.73-0.250.380.38-0.85-0.67
-0.190.00.480.3-0.1-0.070.22-0.270.21-0.13-0.21-0.58-0.03-0.080.05-0.48-0.11-0.010.330.31-0.19-0.41-0.510.06-0.05
-0.49-0.530.02-0.43-0.64-0.07-0.290.48-0.430.110.00.040.080.00.570.28-0.070.030.030.510.15-0.07-0.020.490.49
0.240.710.70.7-0.050.22-0.29-0.40.60.34-0.2-0.73-0.430.34-0.2-0.770.0-0.60.59-0.190.33-0.65-0.56-0.22-0.15
-0.46-0.75-0.08-0.67-0.64-0.270.48-0.4-0.15-0.37-0.020.270.13-0.530.790.650.120.1-0.080.660.23-0.01-0.020.790.7
0.30.470.610.650.060.21-0.430.6-0.15-0.12-0.25-0.54-0.55-0.16-0.1-0.460.16-0.470.59-0.140.55-0.6-0.48-0.050.02
0.490.490.030.180.08-0.130.110.34-0.37-0.120.540.0-0.370.95-0.48-0.270.370.09-0.2-0.30.18-0.04-0.1-0.56-0.19
0.550.07-0.18-0.220.15-0.210.0-0.2-0.02-0.250.540.31-0.420.46-0.30.10.880.81-0.52-0.170.370.090.2-0.30.27
-0.01-0.38-0.95-0.650.17-0.580.04-0.730.27-0.540.00.310.380.0-0.060.860.070.43-0.680.04-0.330.890.77-0.07-0.13
-0.54-0.41-0.57-0.430.07-0.030.08-0.430.13-0.55-0.37-0.420.38-0.210.140.37-0.67-0.07-0.290.1-0.830.670.550.12-0.38
0.460.53-0.050.190.2-0.080.00.34-0.53-0.160.950.460.0-0.21-0.58-0.330.250.06-0.28-0.410.010.060.04-0.66-0.37
-0.83-0.810.17-0.54-0.90.050.57-0.20.79-0.1-0.48-0.3-0.060.14-0.580.43-0.1-0.130.290.780.13-0.24-0.220.990.71
-0.39-0.75-0.75-0.83-0.26-0.480.28-0.770.65-0.46-0.270.10.860.37-0.330.430.010.3-0.470.42-0.210.660.540.430.24
0.510.080.12-0.09-0.04-0.11-0.070.00.120.160.370.880.07-0.670.25-0.10.010.63-0.22-0.040.68-0.24-0.05-0.070.49
0.27-0.28-0.37-0.420.19-0.010.03-0.60.1-0.470.090.810.43-0.070.06-0.130.30.63-0.62-0.010.030.30.35-0.10.26
-0.20.20.690.61-0.330.330.030.59-0.080.59-0.2-0.52-0.68-0.29-0.280.29-0.47-0.22-0.620.070.32-0.67-0.570.30.16
-0.68-0.70.05-0.55-0.730.310.51-0.190.66-0.14-0.3-0.170.040.1-0.410.780.42-0.04-0.010.07-0.01-0.11-0.220.760.54
0.370.190.550.23-0.25-0.190.150.330.230.550.180.37-0.33-0.830.010.13-0.210.680.030.32-0.01-0.66-0.360.160.65
-0.07-0.24-0.98-0.50.38-0.41-0.07-0.65-0.01-0.6-0.040.090.890.670.06-0.240.66-0.240.3-0.67-0.11-0.660.86-0.26-0.47
0.0-0.17-0.86-0.440.38-0.51-0.02-0.56-0.02-0.48-0.10.20.770.550.04-0.220.54-0.050.35-0.57-0.22-0.360.86-0.21-0.27
-0.8-0.80.18-0.53-0.850.060.49-0.220.79-0.05-0.56-0.3-0.070.12-0.660.990.43-0.07-0.10.30.760.16-0.26-0.210.73
-0.28-0.550.34-0.4-0.67-0.050.49-0.150.70.02-0.190.27-0.13-0.38-0.370.710.240.490.260.160.540.65-0.47-0.270.73
Click cells to compare fundamentals

Global Indemnity Account Relationship Matchups

Global Indemnity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B1.9B2.0B1.8B1.7B1.7B
Total Stockholder Equity726.8M718.3M706.6M626.2M648.8M738.3M
Other Assets(978.8M)(869.4M)(839.2M)(1.0B)(934.4M)(887.7M)
Common Stock Shares Outstanding14.3M14.3M14.7M14.5M13.7M19.4M
Liabilities And Stockholders Equity2.1B1.9B2.0B1.8B1.7B1.7B
Other Stockholder Equity438.4M445.1M446.9M431.8M454.8M461.1M
Total Liab296.6M126.3M145.5M1.2B1.1B1.1B
Other Liab409.6M759.9M808.8M548.2M493.4M618.8M
Retained Earnings270.8M235.0M249.3M233.5M245.0M282.8M
Accounts Payable20.4M8.9M35.3M17.2M2.6M2.5M
Cash44.3M67.4M78.3M38.8M38.0M36.1M
Short Term Investments1.3B1.2B1.2B1.2B660.1M758.0M
Net Debt252.4M58.9M67.2M(23.1M)(25.3M)(24.0M)
Non Current Assets Total1.5B1.3B1.3B1.3B836.5M849.8M
Non Currrent Assets Other(1.5B)(1.3B)(37.3M)(47.1M)719.0M754.9M
Cash And Short Term Investments1.3B1.3B1.3B1.3B1.3B947.6M
Net Receivables213.0M198.1M228.3M254.5M186.5M177.1M
Total Current Assets1.5B1.5B1.5B1.5B906.6M712.6M
Accumulated Other Comprehensive Income17.6M34.3M6.4M(43.1M)(22.9M)(21.7M)
Short Long Term Debt Total296.6M126.3M145.5M15.7M12.7M12.1M
Long Term Debt288.6M296.6M126.3M126.4M145.4M154.8M
Non Current Liabilities Total296.6M126.3M145.5M1.1B239.5M473.6M
Other Current Liab631.0M667.5M760.7M832.5M852.2M894.8M
Total Current Liabilities651.4M676.4M796.0M47.1M854.8M897.6M
Intangible Assets21.5M21.0M20.3M14.8M14.5M15.6M
Other Current Assets341.5M369.2M438.6M443.4M906.6M951.9M
Retained Earnings Total Equity270.8M235.0M249.3M233.5M210.1M225.3M
Inventory(341.5M)(369.2M)(438.6M)(443.4M)(140.2M)(147.2M)
Net Tangible Assets698.8M686.8M677.0M602.6M542.3M579.1M
Long Term Debt Total288.6M296.6M126.3M126.4M145.4M213.5M
Capital Surpluse442.4M445.1M447.4M451.3M406.2M375.8M
Long Term Investments1.6B1.4B1.3B1.3B1.3B1.1B
Non Current Liabilities Other1.1B1.1B1.2B1.2B1.4B1.1B
Short Term Debt10.3M126.3K145.5M849.7M977.2M1.0B

Currently Active Assets on Macroaxis

When determining whether Global Indemnity PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Indemnity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Indemnity Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Indemnity Plc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Global Stock analysis

When running Global Indemnity's price analysis, check to measure Global Indemnity'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 Global Indemnity is operating at the current time. Most of Global Indemnity's value examination focuses on studying past and present price action to predict the probability of Global Indemnity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Indemnity's price. Additionally, you may evaluate how the addition of Global Indemnity to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Is Global Indemnity's industry 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 Indemnity. 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 Indemnity 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
3.824
Dividend Share
1.1
Earnings Share
2.48
Revenue Per Share
36.215
Quarterly Revenue Growth
(0.26)
The market value of Global Indemnity PLC 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 Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Global Indemnity'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 Indemnity's market value can be influenced by many factors that don't directly affect Global Indemnity'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 Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Indemnity'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.