Global Common Stock Shares Outstanding vs Total Current Liabilities Analysis

GTACW Stock  USD 0.07  0.01  16.67%   
Global Technology financial indicator trend analysis is much more than just examining Global Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Technology is a good investment. Please check the relationship between Global Technology Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Technology Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Technology Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Global Technology's Common Stock Shares Outstanding and Total Current Liabilities is -0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Global Technology Acquisition, assuming nothing else is changed. The correlation between historical values of Global Technology's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Global Technology Acquisition are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Global Technology's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Global Technology 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 Technology Acquisition 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.
Most indicators from Global Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Technology 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 Technology Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Selling General Administrative is likely to drop to about 651.7 K in 2024. Enterprise Value Over EBITDA is likely to drop to -133.91 in 2024
 2010 2022 2023 2024 (projected)
Income Before Tax4.3M12.7M2.3M2.2M
Total Operating Expenses291K690K1.1M758.3K

Global Technology fundamental ratios Correlations

-0.22-0.581.0-0.96-0.750.910.951.01.00.950.980.740.88-0.950.731.00.931.00.961.00.94-0.950.940.94
-0.220.9-0.27-0.05-0.460.190.1-0.22-0.220.1-0.270.430.260.290.44-0.270.13-0.220.06-0.22-0.10.29-0.1-0.1
-0.580.9-0.620.37-0.03-0.24-0.32-0.59-0.59-0.32-0.650.0-0.170.670.01-0.62-0.29-0.59-0.36-0.59-0.410.67-0.41-0.41
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-0.96-0.050.37-0.940.9-0.99-1.0-0.96-0.96-1.0-0.94-0.89-0.980.92-0.89-0.94-1.0-0.96-1.0-0.96-0.910.92-0.91-0.91
-0.75-0.46-0.03-0.70.9-0.96-0.92-0.74-0.74-0.92-0.74-1.0-0.970.72-1.0-0.7-0.94-0.74-0.91-0.74-0.70.72-0.7-0.7
0.910.19-0.240.88-0.99-0.961.00.910.911.00.890.951.0-0.870.950.881.00.910.990.910.86-0.870.860.86
0.950.1-0.320.92-1.0-0.921.00.940.941.00.930.920.99-0.910.910.921.00.941.00.940.89-0.910.890.89
1.0-0.22-0.591.0-0.96-0.740.910.941.00.940.980.740.87-0.950.731.00.931.00.961.00.94-0.950.940.94
1.0-0.22-0.591.0-0.96-0.740.910.941.00.940.980.740.87-0.950.731.00.931.00.961.00.94-0.950.940.94
0.950.1-0.320.92-1.0-0.921.01.00.940.940.930.920.99-0.910.910.921.00.941.00.940.89-0.910.890.89
0.98-0.27-0.650.97-0.94-0.740.890.930.980.980.930.750.86-1.00.740.970.910.980.940.980.85-1.00.850.85
0.740.430.00.7-0.89-1.00.950.920.740.740.920.750.97-0.741.00.70.930.740.90.740.67-0.740.670.67
0.880.26-0.170.85-0.98-0.971.00.990.870.870.990.860.97-0.840.970.850.990.870.980.870.83-0.840.830.83
-0.950.290.67-0.950.920.72-0.87-0.91-0.95-0.95-0.91-1.0-0.74-0.84-0.73-0.95-0.89-0.95-0.92-0.95-0.81.0-0.8-0.8
0.730.440.010.69-0.89-1.00.950.910.730.730.910.741.00.97-0.730.690.930.730.90.730.66-0.730.660.66
1.0-0.27-0.621.0-0.94-0.70.880.921.01.00.920.970.70.85-0.950.690.911.00.941.00.94-0.950.940.94
0.930.13-0.290.91-1.0-0.941.01.00.930.931.00.910.930.99-0.890.930.910.931.00.930.88-0.890.880.88
1.0-0.22-0.591.0-0.96-0.740.910.941.01.00.940.980.740.87-0.950.731.00.930.961.00.94-0.950.940.94
0.960.06-0.360.94-1.0-0.910.991.00.960.961.00.940.90.98-0.920.90.941.00.960.960.9-0.920.90.9
1.0-0.22-0.591.0-0.96-0.740.910.941.01.00.940.980.740.87-0.950.731.00.931.00.960.94-0.950.940.94
0.94-0.1-0.410.94-0.91-0.70.860.890.940.940.890.850.670.83-0.80.660.940.880.940.90.94-0.81.01.0
-0.950.290.67-0.950.920.72-0.87-0.91-0.95-0.95-0.91-1.0-0.74-0.841.0-0.73-0.95-0.89-0.95-0.92-0.95-0.8-0.8-0.8
0.94-0.1-0.410.94-0.91-0.70.860.890.940.940.890.850.670.83-0.80.660.940.880.940.90.941.0-0.81.0
0.94-0.1-0.410.94-0.91-0.70.860.890.940.940.890.850.670.83-0.80.660.940.880.940.90.941.0-0.81.0
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Global Technology Account Relationship Matchups

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When running Global Technology's price analysis, check to measure Global Technology'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 Technology is operating at the current time. Most of Global Technology's value examination focuses on studying past and present price action to predict the probability of Global Technology'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 Technology's price. Additionally, you may evaluate how the addition of Global Technology to your portfolios can decrease your overall portfolio volatility.