Global Net Invested Capital vs Good Will Analysis
| GLBE Stock | USD 32.39 0.71 2.15% |
Global E financial indicator trend analysis is much more than just examining Global E Online latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global E Online is a good investment. Please check the relationship between Global E Net Invested Capital and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. 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 labor statistics.
Net Invested Capital vs Good Will
Net Invested Capital vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global E Online Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Global E's Net Invested Capital and Good Will is -0.5. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will in the same time period over historical financial statements of Global E Online, assuming nothing else is changed. The correlation between historical values of Global E's Net Invested Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Global E Online are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., Global E's Net Invested Capital and Good Will go up and down completely randomly.
Correlation Coefficient | -0.5 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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.Most indicators from Global E's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global E Online 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 E Online. 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 labor statistics. At present, Global E's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.5 B, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.6M | 12.1M | 13.9M | 14.6M | Depreciation And Amortization | 331K | 29.4M | 22.2M | 23.3M |
Global E fundamental ratios Correlations
Click cells to compare fundamentals
Global E Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global E fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 619K | 59.5M | 97.6M | 145.0M | 96.8M | 75.0M | |
| Total Current Liabilities | 41.8M | 83.9M | 131.6M | 209.6M | 273.5M | 139.5M | |
| Net Tangible Assets | (53.0M) | (44.5M) | 499.2M | 179.1M | 206.0M | 117.7M | |
| Retained Earnings | (56.6M) | (52.7M) | (127.6M) | (323.0M) | (456.9M) | (434.0M) | |
| Accounts Payable | 9.0M | 19.1M | 24.1M | 52.2M | 162.2M | 170.3M | |
| Other Assets | 2.4M | 3.3M | 3.7M | 9.0M | 1.0 | 0.95 | |
| Net Receivables | 23.6M | 38.1M | 66.8M | 94.5M | 139.1M | 146.0M | |
| Common Stock Shares Outstanding | 32.8K | 28.6M | 101.7M | 157.7M | 164.4M | 105.3M | |
| Other Current Assets | (1K) | 23.0M | 1.3M | 51.9M | 63.0M | 66.1M | |
| Deferred Long Term Liab | 420K | 729K | 1.3M | 1.8M | 2.1M | 2.2M | |
| Total Current Assets | 39.3M | 153.1M | 622.5M | 374.7M | 519.5M | 318.1M | |
| Property Plant Equipment | 1.9M | 4.9M | 23.4M | 30.0M | 34.5M | 36.2M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. 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 labor statistics. Note that the Global E Online information on this page should be used as a complementary analysis to other Global E's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Global E's price analysis, check to measure Global E'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 E is operating at the current time. Most of Global E's value examination focuses on studying past and present price action to predict the probability of Global E'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 E's price. Additionally, you may evaluate how the addition of Global E to your portfolios can decrease your overall portfolio volatility.
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Is Global E'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 E. 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 E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 3.468 | Quarterly Revenue Growth 0.326 | Return On Assets (0.07) | Return On Equity (0.15) |
The market value of Global E Online 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 E's value that differs from its market value or its book value, called intrinsic value, which is Global E'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 E's market value can be influenced by many factors that don't directly affect Global E'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 E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global E'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.