Global Total Current Liabilities vs Other Current Liab Analysis
GSL Stock | USD 26.91 0.56 2.13% |
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 Total Current Liabilities and its Other Current Liab 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.
Total Current Liabilities vs Other Current Liab
Total Current Liabilities vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Ship Lease Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Ship's Total Current Liabilities and Other Current Liab is 0.78. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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 Total Current Liabilities and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Global Ship Lease are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Global Ship's Total Current Liabilities and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Global Ship balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Global Ship Lease are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Current Liab
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 Expense | 69.2M | 75.3M | 44.8M | 44.8M | Depreciation And Amortization | 11.6M | 47.5M | 91.7M | 96.3M |
Global Ship fundamental ratios Correlations
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Global Ship Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Ship fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.3B | 2.0B | 2.1B | 2.2B | 1.2B | |
Short Long Term Debt Total | 896.9M | 769.5M | 1.1B | 934.4M | 812.4M | 648.1M | |
Other Current Liab | 23.0M | 19.4M | 32.8M | 36.6M | 29.3M | 18.1M | |
Total Current Liabilities | 129.6M | 112.2M | 244.8M | 261.8M | 280.4M | 294.5M | |
Total Stockholder Equity | 406.4M | 464.7M | 712.6M | 966.5M | 1.2B | 1.2B | |
Property Plant And Equipment Net | 1.2B | 1.1B | 1.7B | 1.6B | 1.7B | 1.1B | |
Net Debt | 758.9M | 688.7M | 995.3M | 814.3M | 617.0M | 583.8M | |
Retained Earnings | (159.4M) | (121.8M) | 13.5M | 246.4M | 488.1M | 512.5M | |
Accounts Payable | 9.1M | 10.6M | 13.2M | 22.8M | 17.6M | 18.5M | |
Cash | 138.0M | 80.8M | 75.2M | 120.1M | 195.4M | 205.2M | |
Non Current Assets Total | 1.2B | 1.2B | 1.9B | 1.9B | 1.9B | 1.1B | |
Non Currrent Assets Other | 22.1M | 23.0M | 51.6M | 226.8M | 97.7M | 102.5M | |
Other Assets | 32.9M | 35.0M | 167.9M | 245.9M | 221.3M | 232.3M | |
Cash And Short Term Investments | 138.0M | 80.8M | 75.2M | 128.7M | 209.4M | 219.9M | |
Net Receivables | 6.2M | 4.0M | 6.1M | 4.4M | 5.4M | 5.3M | |
Common Stock Shares Outstanding | 12.2M | 18.0M | 35.5M | 37.2M | 35.9M | 37.7M | |
Liabilities And Stockholders Equity | 1.4B | 1.3B | 2.0B | 2.1B | 2.2B | 1.2B | |
Non Current Liabilities Total | 815.8M | 697.2M | 1.0B | 878.0M | 707.0M | 620.2M | |
Inventory | 5.6M | 6.3M | 11.4M | 12.2M | 27.4M | 28.8M | |
Other Current Assets | 8.1M | 6.7M | 25.2M | 33.8M | 53.5M | 56.1M | |
Other Stockholder Equity | 565.6M | 586.4M | 698.5M | 688.3M | 676.6M | 576.5M | |
Total Liab | 945.4M | 809.5M | 1.3B | 1.1B | 987.4M | 751.6M | |
Property Plant And Equipment Gross | 1.2B | 1.1B | 1.7B | 1.6B | 2.0B | 1.1B | |
Total Current Assets | 161.9M | 98.6M | 143.4M | 237.0M | 295.7M | 310.5M | |
Short Term Debt | 87.5M | 76.7M | 190.3M | 189.8M | 193.3M | 98.2M | |
Common Stock | 175K | 177K | 365K | 359K | 351K | 470.6K | |
Other Liab | 6.5M | 4.5M | 156.7M | 133.4M | 153.4M | 161.1M | |
Current Deferred Revenue | 10.0M | 5.6M | 8.5M | 12.6M | 40.3M | 42.3M | |
Long Term Debt | 809.4M | 692.8M | 880.1M | 744.6M | 619.2M | 608.0M | |
Common Stock Total Equity | 69K | 99K | 175K | 177K | 159.3K | 318.0K | |
Intangible Assets | 5.4M | 1.5M | 0.0 | 14.2M | 12.8M | 13.4M | |
Property Plant Equipment | 1.2B | 1.1B | 1.7B | 1.6B | 1.9B | 1.1B | |
Net Tangible Assets | 404.9M | 464.7M | 712.6M | 966.5M | 1.1B | 1.2B | |
Deferred Long Term Liab | 16.4M | 23.0M | 37.6M | 54.7M | 62.9M | 66.0M | |
Short Long Term Debt | 87.5M | 76.7M | 190.3M | 189.8M | 193.3M | 126.7M | |
Long Term Debt Total | 809.4M | 692.8M | 880.1M | 744.6M | 856.2M | 676.1M | |
Capital Surpluse | 565.6M | 586.4M | 698.5M | 688.3M | 791.5M | 561.9M |
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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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.
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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.