Globant Other Assets vs Other Stockholder Equity Analysis
GLOB Stock | USD 161.12 0.74 0.46% |
Globant SA financial indicator trend analysis is much more than just examining Globant SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globant SA is a good investment. Please check the relationship between Globant SA Other Assets and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
Other Assets vs Other Stockholder Equity
Other Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globant SA Other Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Globant SA's Other Assets and Other Stockholder Equity is 0.8. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Globant SA, assuming nothing else is changed. The correlation between historical values of Globant SA's Other Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Globant SA are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Assets i.e., Globant SA's Other Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Assets
Other Stockholder Equity
Most indicators from Globant SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globant SA 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 Globant SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.At present, Globant SA's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.24, whereas Tax Provision is forecasted to decline to about 25.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 12.7M | 16.6M | 23.8M | 13.8M | Depreciation And Amortization | 80.3M | 107.9M | 139.9M | 146.9M |
Globant SA fundamental ratios Correlations
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Globant SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globant SA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 37.7M | 39.7M | 42.1M | 42.9M | 43.6M | 40.7M | |
Total Assets | 687.8M | 1.3B | 1.9B | 2.2B | 2.7B | 2.9B | |
Short Long Term Debt Total | 112.7M | 113.6M | 146.7M | 138.8M | 277.8M | 291.7M | |
Other Current Liab | 9.3M | 19.9M | 278.9M | 295.1M | 416.8M | 437.6M | |
Total Current Liabilities | 146.2M | 205.6M | 386.3M | 421.1M | 678.1M | 712.0M | |
Total Stockholder Equity | 438.7M | 879.9M | 1.3B | 1.5B | 1.7B | 1.8B | |
Other Liab | 10.7M | 105.2M | 85.1M | 116.9M | 134.4M | 141.1M | |
Property Plant And Equipment Net | 146.3M | 191.0M | 278.2M | 309.0M | 282.1M | 296.2M | |
Current Deferred Revenue | 84.8M | 134.2M | 8.0M | 3.5M | 8.0M | 7.6M | |
Net Debt | 50.0M | (165.4M) | (281.1M) | (153.6M) | (29.4M) | (30.8M) | |
Retained Earnings | 239.4M | 293.6M | 389.7M | 538.6M | 697.1M | 731.9M | |
Accounts Payable | 31.5M | 35.3M | 63.2M | 81.9M | 48.5M | 28.6M | |
Cash | 62.7M | 278.9M | 427.8M | 292.5M | 307.2M | 322.6M | |
Non Current Assets Total | 411.3M | 753.2M | 1.1B | 1.3B | 1.8B | 1.9B | |
Non Currrent Assets Other | 16.6M | 22.2M | 32.8M | 27.0M | 4.1M | 3.9M | |
Other Assets | 45.2M | 68.4M | 116.5M | 78.7M | 90.5M | 48.3M | |
Long Term Debt | 50.2M | 25.1M | 1.9M | 861K | 2.2M | 2.1M | |
Cash And Short Term Investments | 87.0M | 299.8M | 462.4M | 347.4M | 326.7M | 173.6M | |
Net Receivables | 176.0M | 227.7M | 349.3M | 495.6M | 525.0M | 551.3M | |
Good Will | 188.5M | 392.8M | 573.0M | 738.0M | 1.2B | 1.2B | |
Common Stock Total Equity | 42.3M | 43.2M | 44.4M | 47.9M | 55.0M | 45.0M | |
Short Term Investments | 24.3M | 20.9M | 34.6M | 54.9M | 19.4M | 22.7M | |
Liabilities And Stockholders Equity | 687.8M | 1.3B | 1.9B | 2.2B | 2.7B | 2.9B | |
Non Current Liabilities Total | 102.9M | 203.2M | 195.6M | 215.2M | 270.7M | 284.2M | |
Inventory | (19.4M) | (19.3M) | (27.6M) | (47.2M) | 1.0 | 1.05 | |
Other Current Assets | 13.4M | 8.1M | 7.9M | 15.2M | 72.8M | 76.5M | |
Other Stockholder Equity | 157.5M | 541.2M | 872.0M | 950.5M | 1.0B | 1.1B | |
Total Liab | 249.1M | 408.8M | 581.9M | 636.3M | 948.7M | 996.2M | |
Property Plant And Equipment Gross | 146.3M | 191.0M | 278.2M | 309.0M | 431.3M | 452.8M | |
Total Current Assets | 276.5M | 535.6M | 819.6M | 858.2M | 924.5M | 970.8M | |
Accumulated Other Comprehensive Income | (2.6M) | (2.7M) | (6.4M) | (32.2M) | (42.0M) | (39.9M) | |
Short Term Debt | 20.6M | 16.3M | 36.2M | 40.5M | 204.8M | 215.0M | |
Intangible Assets | 27.1M | 86.7M | 102.0M | 176.1M | 235.5M | 247.3M | |
Common Stock | 44.4M | 47.9M | 50.1M | 50.7M | 51.7M | 47.7M | |
Property Plant Equipment | 146.3M | 191.0M | 278.2M | 309.0M | 355.4M | 373.2M | |
Net Tangible Assets | 223.1M | 400.5M | 630.4M | 587.7M | 675.8M | 709.6M | |
Long Term Investments | 5.9M | 18.9M | 26.3M | 37.8M | 37.8M | 39.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Globant SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globant SA'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 Globant Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globant Sa Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Globant SA's price analysis, check to measure Globant SA'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 Globant SA is operating at the current time. Most of Globant SA's value examination focuses on studying past and present price action to predict the probability of Globant SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globant SA's price. Additionally, you may evaluate how the addition of Globant SA to your portfolios can decrease your overall portfolio volatility.
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Is Globant SA'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 Globant SA. If investors know Globant 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 Globant SA 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 0.214 | Earnings Share 3.82 | Revenue Per Share 51.273 | Quarterly Revenue Growth 0.209 | Return On Assets 0.0588 |
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA'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 Globant SA's market value can be influenced by many factors that don't directly affect Globant SA'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 Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA'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.