Global Net Working Capital vs Non Current Liabilities Total 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 Net Working Capital and its Non Current Liabilities Total 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.

Net Working Capital vs Non Current Liabilities Total

Net Working Capital vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Technology Net Working Capital account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Global Technology's Net Working Capital and Non Current Liabilities Total is 0.9. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Non Current Liabilities Total 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 Net Working Capital and Non Current Liabilities Total 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 Working Capital of Global Technology Acquisition are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Working Capital i.e., Global Technology's Net Working Capital and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Working Capital

Non Current Liabilities Total

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
1.0-0.27-0.62-0.94-0.70.880.921.01.00.920.970.70.85-0.950.691.00.911.00.941.00.94-0.950.940.94
-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.