Global Total Stockholder Equity vs Total Liab Analysis
| GTACW Stock | USD 0.09 0.01 5.99% |
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 Total Stockholder Equity and its Total Liab 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.
Total Stockholder Equity vs Total Liab
Total Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Technology Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Technology's Total Stockholder Equity and Total Liab is 0.69. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab 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 Total Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Global Technology Acquisition are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Global Technology's Total Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.69 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 Tax | 4.3M | 12.7M | 2.3M | 2.2M | Total Operating Expenses | 291K | 690K | 1.1M | 758.3K |
Global Technology fundamental ratios Correlations
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Global Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Global Technology is a strong investment it is important to analyze Global Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Technology's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports: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. Note that the Global Technology information on this page should be used as a complementary analysis to other Global Technology'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.
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Is Global Technology'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 Technology. 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 Technology 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 (0.87) | Return On Assets (0.01) |
The market value of Global Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Global Technology'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 Technology's market value can be influenced by many factors that don't directly affect Global Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Technology'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.