Global Income Before Tax vs Operating Income Analysis
GSL Stock | USD 22.85 0.09 0.40% |
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 Before Tax and its Operating Income 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 Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Ship Lease Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Global Ship's Income Before Tax and Operating Income is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income 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 Before Tax and Operating Income 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 Before Tax of Global Ship Lease are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Global Ship's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Global Ship income statement and is an important metric when analyzing Global Ship Lease profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Operating Income
Operating Income is the amount of profit realized from Global Ship Lease operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Global Ship Lease is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 |
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 Global Ship 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, Global Ship's short interest history, or implied volatility extrapolated from Global Ship options trading.
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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.