Globus Working Capital vs Free Cash Flow Analysis
GLBS Stock | USD 2.01 0.06 2.90% |
Globus Maritime financial indicator trend analysis is much more than just examining Globus Maritime latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globus Maritime is a good investment. Please check the relationship between Globus Maritime Working Capital and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. 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. For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.
Working Capital vs Free Cash Flow
Working Capital vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globus Maritime Working Capital account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between Globus Maritime's Working Capital and Free Cash Flow is 0.0. Overlapping area represents the amount of variation of Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Globus Maritime, assuming nothing else is changed. The correlation between historical values of Globus Maritime's Working Capital and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Working Capital of Globus Maritime are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Working Capital i.e., Globus Maritime's Working Capital and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Working Capital
The difference between a company’s current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Globus Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globus Maritime 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 Globus Maritime. 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. For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.At this time, Globus Maritime's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.1 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.6M | 2.3M | 4.3M | 2.6M | Depreciation And Amortization | 6.0M | 10.5M | 8.9M | 7.2M |
Globus Maritime fundamental ratios Correlations
Click cells to compare fundamentals
Globus Maritime Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globus Maritime fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.7M | 86.4M | 185.7M | 225.5M | 231.4M | 129.6M | |
Short Long Term Debt Total | 38.4M | 37.1M | 32.2M | 44.8M | 52.4M | 56.8M | |
Other Current Liab | 622K | 2.2M | 3.8M | 5.8M | 1.8M | 2.4M | |
Total Current Liabilities | 8.7M | 13.1M | 12.1M | 16.9M | 9.5M | 9.0M | |
Total Stockholder Equity | 9.9M | 42.1M | 146.4M | 170.7M | 176.0M | 93.0M | |
Other Liab | 26K | 31K | 114K | 148K | 170.2K | 137.5K | |
Property Plant And Equipment Net | 48.9M | 62.9M | 131.7M | 158.2M | 148.1M | 104.1M | |
Current Deferred Revenue | 2.0M | 285K | 2.0M | 416K | 688K | 619.1K | |
Net Debt | 36.1M | 18.1M | (13.0M) | (8.0M) | (21.8M) | (20.8M) | |
Retained Earnings | (135.6M) | (153.0M) | (138.1M) | (113.8M) | (108.5M) | (103.1M) | |
Accounts Payable | 4.7M | 4.8M | 1.1M | 3.5M | 362K | 343.9K | |
Cash | 2.4M | 19.0M | 45.2M | 52.8M | 74.3M | 78.0M | |
Non Current Assets Total | 50.2M | 64.2M | 135.7M | 163.1M | 152.1M | 106.6M | |
Long Term Debt | 36.6M | 30.9M | 26.4M | 37.5M | 45.8M | 38.8M | |
Cash And Short Term Investments | 2.4M | 19.0M | 45.2M | 52.8M | 74.3M | 78.0M | |
Net Receivables | 240K | 153K | 1.0M | 109K | 1.2M | 1.2M | |
Common Stock Total Equity | 126K | 13K | 21K | 12K | 10.8K | 10.3K | |
Common Stock Shares Outstanding | 41.7K | 959.2K | 14.8M | 20.6M | 23.7M | 24.9M | |
Liabilities And Stockholders Equity | 55.7M | 86.4M | 185.7M | 225.5M | 231.4M | 129.6M | |
Non Current Liabilities Total | 37.0M | 31.3M | 27.1M | 37.9M | 45.9M | 45.0M | |
Inventory | 1.5M | 1.2M | 852K | 3.0M | 1.3M | 954.4K | |
Other Current Assets | 153K | 1.0M | 1.2M | 2.9M | 2.6M | 1.6M | |
Other Stockholder Equity | 243.0M | 145.5M | 195.1M | 284.4M | 327.1M | 171.9M | |
Total Liab | 45.8M | 44.3M | 39.2M | 54.8M | 55.4M | 61.9M | |
Property Plant And Equipment Gross | 48.9M | 62.9M | 250.7M | 287.0M | 245.0M | 166.9M | |
Total Current Assets | 5.5M | 22.3M | 49.9M | 62.3M | 79.3M | 83.3M | |
Accumulated Other Comprehensive Income | (96.9M) | (102.7M) | (108.9M) | (112.5M) | (101.3M) | (106.3M) | |
Short Term Debt | 1.4M | 5.9M | 5.2M | 7.1M | 6.7M | 6.4M | |
Common Stock | 13K | 21K | 12K | 82K | 94.3K | 49.4K | |
Property Plant Equipment | 48.9M | 62.9M | 131.7M | 130.0M | 117.0M | 101.3M | |
Net Tangible Assets | 9.9M | 42.1M | 146.4M | 170.7M | 196.3M | 206.1M | |
Short Long Term Debt | 1.2M | 5.7M | 4.9M | 6.8M | 6.5M | 6.2M | |
Net Invested Capital | 47.6M | 78.6M | 177.7M | 215.0M | 228.2M | 143.1M | |
Net Working Capital | (3.2M) | 9.2M | 37.8M | 45.4M | 69.8M | 73.3M |
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 Globus Maritime 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, Globus Maritime's short interest history, or implied volatility extrapolated from Globus Maritime options trading.
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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 Globus Maritime. 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. For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.Note that the Globus Maritime information on this page should be used as a complementary analysis to other Globus Maritime'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Globus Maritime's price analysis, check to measure Globus Maritime'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 Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.
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Is Globus Maritime'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 Globus Maritime. If investors know Globus 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 Globus Maritime 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 (0.20) | Earnings Share 0.26 | Revenue Per Share 1.516 | Quarterly Revenue Growth (0.14) | Return On Assets (0.01) |
The market value of Globus Maritime is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Maritime's value that differs from its market value or its book value, called intrinsic value, which is Globus Maritime'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 Globus Maritime's market value can be influenced by many factors that don't directly affect Globus Maritime'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 Globus Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Maritime'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.