Ferroglobe Cash vs Accounts Payable Analysis
GSM Stock | USD 5.38 0.05 0.92% |
Ferroglobe PLC financial indicator trend analysis is much more than just examining Ferroglobe PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferroglobe PLC is a good investment. Please check the relationship between Ferroglobe PLC Cash and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ferroglobe 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 state. To learn how to invest in Ferroglobe Stock, please use our How to Invest in Ferroglobe PLC guide.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ferroglobe PLC Cash account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ferroglobe PLC's Cash and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Ferroglobe PLC, assuming nothing else is changed. The correlation between historical values of Ferroglobe PLC's Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ferroglobe PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Ferroglobe PLC's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Ferroglobe PLC, which is listed under current asset account on Ferroglobe PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ferroglobe PLC customers. The amounts must be unrestricted with restricted cash listed in a different Ferroglobe PLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Accounts Payable
An accounting item on the balance sheet that represents Ferroglobe PLC obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ferroglobe PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Ferroglobe PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferroglobe 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 Ferroglobe 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 state. To learn how to invest in Ferroglobe Stock, please use our How to Invest in Ferroglobe PLC guide.At this time, Ferroglobe PLC's Tax Provision is very stable compared to the past year. As of the 7th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 297.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.8B | 2.6B | 1.7B | 1.8B | Depreciation And Amortization | 96.0M | 179.6M | 73.5M | 112.0M |
Ferroglobe PLC fundamental ratios Correlations
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Ferroglobe PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ferroglobe PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.4B | 1.5B | 2.0B | 1.8B | 1.5B | |
Other Current Liab | 157.0M | 91.4M | 116.1M | 375.3M | 256.8M | 178.0M | |
Total Current Liabilities | 431.9M | 394.9M | 610.1M | 678.8M | 494.0M | 505.1M | |
Total Stockholder Equity | 599.4M | 421.1M | 335.1M | 771.1M | 874.6M | 777.3M | |
Other Liab | 186.1M | 128.2M | 124.5M | 124.9M | 143.6M | 145.5M | |
Net Tangible Assets | 403.3M | 370.6M | 203.6M | 508.6M | 584.8M | 442.1M | |
Retained Earnings | (280.6M) | (246.3M) | (110.6M) | 440.3M | 506.4M | 531.7M | |
Accounts Payable | 181.5M | 149.2M | 206M | 219.7M | 183.4M | 175.9M | |
Cash | 99.2M | 102.7M | 114.4M | 317.9M | 137.6M | 141.2M | |
Other Assets | 198.4M | 45.6M | 29.7M | 162.2M | 186.5M | 124.6M | |
Long Term Debt | 522.0M | 379.1M | 408.6M | 346.4M | 398.4M | 327.7M | |
Net Receivables | 341.8M | 257.4M | 391.6M | 434.2M | 329.0M | 296.2M | |
Common Stock Shares Outstanding | 169.2M | 169.3M | 176.5M | 189.6M | 190.3M | 150.6M | |
Short Term Investments | 5.5M | 1.0M | 104K | 3K | 2K | 1.9K | |
Inventory | 360.3M | 246.0M | 289.8M | 500.1M | 383.8M | 401.1M | |
Other Current Assets | 14.5M | 20.7M | 8.4M | 30.6M | 186.5M | 195.8M | |
Other Stockholder Equity | (165.4M) | (76.5M) | 10.5M | 131.8M | 118.6M | 91.0M | |
Total Liab | 1.1B | 970.8M | 1.2B | 1.2B | 884.2M | 1.1B | |
Long Term Investments | 2.6M | 5.1M | 4.1M | 14.2M | 16.3M | 18.5M | |
Short Long Term Debt | 25.5M | 10.9M | 35.4M | 12.8M | 11.5M | 10.9M | |
Total Current Assets | 821.4M | 633.9M | 804.3M | 1.3B | 1.0B | 901.2M | |
Accumulated Other Comprehensive Income | 763.0M | 495.8M | 322.6M | 197.1M | 226.6M | 215.3M | |
Short Term Debt | 34.4M | 96.0M | 139.0M | 83.8M | 45.5M | 79.2M | |
Intangible Assets | 58.8M | 20.8M | 101.8M | 111.8M | 138.3M | 70.6M | |
Property Plant Equipment | 634.3M | 656.8M | 555.5M | 353.2M | 406.2M | 592.7M | |
Property Plant And Equipment Net | 741.2M | 656.8M | 555.5M | 516.0M | 501.4M | 552.6M | |
Net Debt | 440.6M | 401.8M | 443.2M | 125.2M | 92.1M | 87.5M | |
Non Current Assets Total | 900.9M | 757.9M | 720.8M | 696.1M | 721.8M | 752.7M | |
Non Currrent Assets Other | 32.2M | 37.1M | 22.7M | 22.0M | 22.2M | 23.3M | |
Cash And Short Term Investments | 104.8M | 103.7M | 114.5M | 317.9M | 137.7M | 168.9M | |
Non Current Liabilities Total | 690.9M | 575.9M | 579.9M | 533M | 390.2M | 594.6M | |
Short Long Term Debt Total | 539.8M | 504.5M | 557.6M | 443.1M | 229.7M | 391.8M | |
Liabilities And Stockholders Equity | 1.7B | 1.4B | 1.5B | 2.0B | 1.8B | 1.5B | |
Current Deferred Revenue | 59.0M | 58.2M | 148.9M | 8.4M | 7.5M | 7.1M | |
Property Plant And Equipment Gross | 740.9M | 656.8M | 1.7B | 1.6B | 1.8B | 1.1B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ferroglobe PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ferroglobe PLC's short interest history, or implied volatility extrapolated from Ferroglobe PLC options trading.
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When running Ferroglobe PLC's price analysis, check to measure Ferroglobe PLC'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 Ferroglobe PLC is operating at the current time. Most of Ferroglobe PLC's value examination focuses on studying past and present price action to predict the probability of Ferroglobe PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferroglobe PLC's price. Additionally, you may evaluate how the addition of Ferroglobe PLC to your portfolios can decrease your overall portfolio volatility.
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Is Ferroglobe PLC'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 Ferroglobe PLC. If investors know Ferroglobe 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 Ferroglobe PLC 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 (0.60) | Earnings Share 0.46 | Revenue Per Share 8.783 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0747 |
The market value of Ferroglobe PLC is measured differently than its book value, which is the value of Ferroglobe that is recorded on the company's balance sheet. Investors also form their own opinion of Ferroglobe PLC's value that differs from its market value or its book value, called intrinsic value, which is Ferroglobe PLC'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 Ferroglobe PLC's market value can be influenced by many factors that don't directly affect Ferroglobe PLC'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 Ferroglobe PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferroglobe PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferroglobe PLC'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.