Global Income Tax Expense vs Cost Of Revenue Analysis

GSL Stock  USD 22.99  0.18  0.79%   
Global Ship financial indicator trend analysis is much more than just examining Global Ship Lease latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Ship Lease is a good investment. Please check the relationship between Global Ship Income Tax Expense and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Ship Lease Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Ship's Income Tax Expense and Cost Of Revenue is 0.61. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Global Ship Lease, assuming nothing else is changed. The correlation between historical values of Global Ship's Income Tax Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Global Ship Lease are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., Global Ship's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Global Ship Lease income statement and represents the costs associated with goods and services Global Ship provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Global Ship's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Ship Lease 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 Ship Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Sales General And Administrative To Revenue is expected to rise to 0.05 this year, although the value of Selling General Administrative will most likely fall to about 10.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense69.2M75.3M44.8M44.8M
Depreciation And Amortization11.6M47.5M91.7M96.3M

Global Ship fundamental ratios Correlations

0.880.910.850.760.990.840.470.560.681.00.710.40.68-0.370.870.870.650.730.590.930.99-0.540.760.96-0.11
0.880.870.720.530.910.990.130.440.640.890.510.190.62-0.460.720.990.460.530.590.980.86-0.520.630.81-0.05
0.910.870.780.620.910.840.30.440.620.910.660.270.62-0.370.790.870.50.590.60.910.87-0.520.670.9-0.04
0.850.720.780.930.820.680.730.740.830.840.790.650.84-0.20.980.70.90.940.370.780.83-0.470.940.91-0.19
0.760.530.620.930.730.480.90.640.840.740.770.60.86-0.280.930.510.930.980.420.60.76-0.560.930.78-0.09
0.990.910.910.820.730.880.420.480.661.00.640.30.66-0.410.850.910.610.690.640.960.99-0.590.710.93-0.04
0.840.990.840.680.480.880.070.430.550.860.480.170.53-0.410.690.990.410.470.550.970.81-0.460.560.77-0.03
0.470.130.30.730.90.420.070.560.630.450.650.640.66-0.020.720.110.860.880.160.230.49-0.350.770.53-0.09
0.560.440.440.740.640.480.430.560.510.540.790.920.530.260.690.40.710.71-0.150.490.50.140.720.67-0.56
0.680.640.620.830.840.660.550.630.510.650.590.371.0-0.470.790.580.840.860.470.630.7-0.670.950.66-0.06
1.00.890.910.840.741.00.860.450.540.650.690.370.65-0.370.870.880.630.710.60.940.99-0.540.730.96-0.08
0.710.510.660.790.770.640.480.650.790.590.690.710.61-0.120.80.490.640.750.250.590.63-0.210.770.76-0.23
0.40.190.270.650.60.30.170.640.920.370.370.710.40.390.620.150.670.68-0.280.270.340.290.620.56-0.58
0.680.620.620.840.860.660.530.660.531.00.650.610.4-0.450.80.560.860.880.460.620.7-0.660.960.66-0.07
-0.37-0.46-0.37-0.2-0.28-0.41-0.41-0.020.26-0.47-0.37-0.120.39-0.45-0.3-0.43-0.1-0.18-0.88-0.38-0.380.8-0.28-0.21-0.48
0.870.720.790.980.930.850.690.720.690.790.870.80.620.8-0.30.70.850.920.470.790.84-0.510.90.91-0.19
0.870.990.870.70.510.910.990.110.40.580.880.490.150.56-0.430.70.430.50.590.990.84-0.520.580.790.01
0.650.460.50.90.930.610.410.860.710.840.630.640.670.86-0.10.850.430.970.20.520.67-0.420.930.7-0.18
0.730.530.590.940.980.690.470.880.710.860.710.750.680.88-0.180.920.50.970.310.60.73-0.470.960.77-0.14
0.590.590.60.370.420.640.550.16-0.150.470.60.25-0.280.46-0.880.470.590.20.310.570.61-0.840.360.450.46
0.930.980.910.780.60.960.970.230.490.630.940.590.270.62-0.380.790.990.520.60.570.91-0.510.670.89-0.06
0.990.860.870.830.760.990.810.490.50.70.990.630.340.7-0.380.840.840.670.730.610.91-0.590.750.94-0.06
-0.54-0.52-0.52-0.47-0.56-0.59-0.46-0.350.14-0.67-0.54-0.210.29-0.660.8-0.51-0.52-0.42-0.47-0.84-0.51-0.59-0.52-0.41-0.5
0.760.630.670.940.930.710.560.770.720.950.730.770.620.96-0.280.90.580.930.960.360.670.75-0.520.78-0.18
0.960.810.90.910.780.930.770.530.670.660.960.760.560.66-0.210.910.790.70.770.450.890.94-0.410.78-0.22
-0.11-0.05-0.04-0.19-0.09-0.04-0.03-0.09-0.56-0.06-0.08-0.23-0.58-0.07-0.48-0.190.01-0.18-0.140.46-0.06-0.06-0.5-0.18-0.22
Click cells to compare fundamentals

Global Ship Account Relationship Matchups

Global Ship fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.3B2.0B2.1B2.2B1.2B
Short Long Term Debt Total896.9M769.5M1.1B934.4M812.4M648.1M
Other Current Liab23.0M19.4M32.8M36.6M29.3M18.1M
Total Current Liabilities129.6M112.2M244.8M261.8M280.4M294.5M
Total Stockholder Equity406.4M464.7M712.6M966.5M1.2B1.2B
Property Plant And Equipment Net1.2B1.1B1.7B1.6B1.7B1.1B
Net Debt758.9M688.7M995.3M814.3M617.0M583.8M
Retained Earnings(159.4M)(121.8M)13.5M246.4M488.1M512.5M
Accounts Payable9.1M10.6M13.2M22.8M17.6M18.5M
Cash138.0M80.8M75.2M120.1M195.4M205.2M
Non Current Assets Total1.2B1.2B1.9B1.9B1.9B1.1B
Non Currrent Assets Other22.1M23.0M51.6M226.8M97.7M102.5M
Other Assets32.9M35.0M167.9M245.9M221.3M232.3M
Cash And Short Term Investments138.0M80.8M75.2M128.7M209.4M219.9M
Net Receivables6.2M4.0M6.1M4.4M5.4M5.3M
Common Stock Shares Outstanding12.2M18.0M35.5M37.2M35.9M37.7M
Liabilities And Stockholders Equity1.4B1.3B2.0B2.1B2.2B1.2B
Non Current Liabilities Total815.8M697.2M1.0B878.0M707.0M620.2M
Inventory5.6M6.3M11.4M12.2M27.4M28.8M
Other Current Assets8.1M6.7M25.2M33.8M53.5M56.1M
Other Stockholder Equity565.6M586.4M698.5M688.3M676.6M576.5M
Total Liab945.4M809.5M1.3B1.1B987.4M751.6M
Property Plant And Equipment Gross1.2B1.1B1.7B1.6B2.0B1.1B
Total Current Assets161.9M98.6M143.4M237.0M295.7M310.5M
Short Term Debt87.5M76.7M190.3M189.8M193.3M98.2M
Common Stock175K177K365K359K351K470.6K
Other Liab6.5M4.5M156.7M133.4M153.4M161.1M
Current Deferred Revenue10.0M5.6M8.5M12.6M40.3M42.3M
Long Term Debt809.4M692.8M880.1M744.6M619.2M608.0M
Common Stock Total Equity69K99K175K177K159.3K318.0K
Intangible Assets5.4M1.5M0.014.2M12.8M13.4M
Property Plant Equipment1.2B1.1B1.7B1.6B1.9B1.1B
Net Tangible Assets404.9M464.7M712.6M966.5M1.1B1.2B
Deferred Long Term Liab16.4M23.0M37.6M54.7M62.9M66.0M
Short Long Term Debt87.5M76.7M190.3M189.8M193.3M126.7M
Long Term Debt Total809.4M692.8M880.1M744.6M856.2M676.1M
Capital Surpluse565.6M586.4M698.5M688.3M791.5M561.9M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Global Ship Lease is a strong investment it is important to analyze Global Ship's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Ship's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Global Stock analysis

When running Global Ship's price analysis, check to measure Global Ship'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 Ship is operating at the current time. Most of Global Ship's value examination focuses on studying past and present price action to predict the probability of Global Ship'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 Ship's price. Additionally, you may evaluate how the addition of Global Ship to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Stocks Directory
Find actively traded stocks across global markets
Is Global Ship'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 Ship. 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 Ship 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
(0.09)
Dividend Share
1.5
Earnings Share
8.21
Revenue Per Share
18.831
Quarterly Revenue Growth
0.133
The market value of Global Ship Lease 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 Ship's value that differs from its market value or its book value, called intrinsic value, which is Global Ship'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 Ship's market value can be influenced by many factors that don't directly affect Global Ship'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 Ship's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Ship is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Ship'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.