Glimpse Property Plant And Equipment Net vs Other Current Assets Analysis

VRAR Stock  USD 1.05  0.01  0.94%   
Glimpse financial indicator trend analysis is much more than just examining Glimpse Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glimpse Group is a good investment. Please check the relationship between Glimpse Property Plant And Equipment Net and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Glimpse Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glimpse Group Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Glimpse's Property Plant And Equipment Net and Other Current Assets is 0.81. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Glimpse Group, assuming nothing else is changed. The correlation between historical values of Glimpse's Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Glimpse Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Glimpse's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Glimpse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glimpse Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Glimpse Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Glimpse's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/22/2024, Enterprise Value Multiple is likely to grow to 15.69, while Selling General Administrative is likely to drop slightly above 3.6 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization572.4K2.2M2.5M2.6M
Interest Income32.2K242.4K278.8K292.7K

Glimpse fundamental ratios Correlations

0.330.750.760.960.680.110.690.93-0.89-0.770.80.940.930.940.870.930.950.780.94-0.430.750.850.830.960.69
0.330.480.480.190.9-0.310.390.16-0.12-0.520.690.290.380.290.540.380.370.320.590.570.20.470.540.270.39
0.750.481.00.580.65-0.540.990.56-0.44-0.980.860.550.910.550.970.910.830.90.84-0.130.770.980.980.590.99
0.760.481.00.60.66-0.510.980.58-0.47-0.980.860.580.920.570.970.930.850.90.86-0.140.770.990.990.620.98
0.960.190.580.60.550.360.520.97-0.98-0.580.620.990.860.990.740.850.830.590.81-0.560.610.720.681.00.52
0.680.90.650.660.55-0.180.570.53-0.45-0.710.870.610.670.610.750.660.710.60.870.230.520.690.740.610.57
0.11-0.31-0.54-0.510.36-0.18-0.60.33-0.520.53-0.350.4-0.150.4-0.32-0.16-0.15-0.48-0.15-0.36-0.34-0.36-0.410.35-0.6
0.690.390.990.980.520.57-0.60.53-0.37-0.960.780.470.880.470.920.880.80.90.78-0.20.810.960.960.521.0
0.930.160.560.580.970.530.330.53-0.94-0.570.540.940.840.940.70.840.80.60.79-0.660.710.710.660.970.53
-0.89-0.12-0.44-0.47-0.98-0.45-0.52-0.37-0.940.44-0.49-0.98-0.76-0.98-0.63-0.76-0.7-0.42-0.70.56-0.45-0.6-0.56-0.97-0.37
-0.77-0.52-0.98-0.98-0.58-0.710.53-0.96-0.570.44-0.9-0.56-0.89-0.55-0.95-0.9-0.87-0.91-0.890.1-0.79-0.96-0.97-0.6-0.96
0.80.690.860.860.620.87-0.350.780.54-0.49-0.90.630.810.630.90.810.890.840.940.130.650.860.890.650.78
0.940.290.550.580.990.610.40.470.94-0.98-0.560.630.831.00.730.830.790.520.81-0.450.520.70.671.00.47
0.930.380.910.920.860.67-0.150.880.84-0.76-0.890.810.830.830.971.00.910.840.91-0.390.790.970.950.860.88
0.940.290.550.570.990.610.40.470.94-0.98-0.550.631.00.830.730.830.780.520.81-0.450.520.70.660.990.47
0.870.540.970.970.740.75-0.320.920.7-0.63-0.950.90.730.970.730.970.890.860.93-0.160.740.990.990.760.92
0.930.380.910.930.850.66-0.160.880.84-0.76-0.90.810.831.00.830.970.910.840.91-0.390.790.980.960.860.88
0.950.370.830.850.830.71-0.150.80.8-0.7-0.870.890.790.910.780.890.910.920.96-0.330.850.890.880.830.8
0.780.320.90.90.590.6-0.480.90.6-0.42-0.910.840.520.840.520.860.840.920.86-0.260.910.890.880.590.9
0.940.590.840.860.810.87-0.150.780.79-0.7-0.890.940.810.910.810.930.910.960.86-0.170.780.90.910.840.78
-0.430.57-0.13-0.14-0.560.23-0.36-0.2-0.660.560.10.13-0.45-0.39-0.45-0.16-0.39-0.33-0.26-0.17-0.52-0.25-0.15-0.5-0.2
0.750.20.770.770.610.52-0.340.810.71-0.45-0.790.650.520.790.520.740.790.850.910.78-0.520.80.770.60.81
0.850.470.980.990.720.69-0.360.960.71-0.6-0.960.860.70.970.70.990.980.890.890.9-0.250.80.990.740.96
0.830.540.980.990.680.74-0.410.960.66-0.56-0.970.890.670.950.660.990.960.880.880.91-0.150.770.990.70.96
0.960.270.590.621.00.610.350.520.97-0.97-0.60.651.00.860.990.760.860.830.590.84-0.50.60.740.70.52
0.690.390.990.980.520.57-0.61.00.53-0.37-0.960.780.470.880.470.920.880.80.90.78-0.20.810.960.960.52
Click cells to compare fundamentals

Glimpse Account Relationship Matchups

Glimpse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M3.2M38.4M24.3M27.9M15.4M
Other Current Liab118.6K1.9M3.1M6.8M7.8M8.2M
Total Current Liabilities570.5K2.3M4.2M8.1M9.3M9.8M
Total Stockholder Equity(305.7K)(1.2M)28.8M11.2M12.9M8.8M
Net Tangible Assets(305.7K)(1.2M)11.3M(4.3M)(4.9M)(4.7M)
Property Plant And Equipment Net41.2K42.2K246.0K892.3K1.0M1.1M
Current Deferred Revenue330.4K98.4K841.4K466.4K536.4K441.0K
Net Debt697.6K281.9K(16.2M)(4.8M)(4.3M)(4.5M)
Retained Earnings(16.0M)(22.1M)(28.1M)(56.6M)(51.0M)(48.4M)
Accounts Payable121.5K381.5K340.1K455.8K524.1K295.1K
Cash1.0M1.8M16.2M5.6M6.5M5.7M
Non Current Assets Total41.2K42.2K20.1M16.5M19.0M19.9M
Cash And Short Term Investments1.0M1.8M16.5M5.6M6.5M5.7M
Net Receivables214.7K626.2K1.3M1.5M1.7M1.8M
Liabilities And Stockholders Equity2.0M3.2M38.4M24.3M27.9M15.4M
Non Current Liabilities Total1.7M2.1M5.3M4.9M5.7M3.1M
Inventory237.7K499.6K39.5K158.6K142.7K177.2K
Other Current Assets468.7K281.0K479.5K562.2K646.5K480.0K
Other Stockholder Equity15.7M20.9M56.9M67.9M78.0M81.9M
Total Liab2.3M4.4M9.6M13.1M15.0M15.8M
Net Invested Capital1.4M882.0K28.8M11.2M12.9M9.6M
Property Plant And Equipment Gross41.2K42.2K246.0K892.3K1.0M1.1M
Total Current Assets2.0M3.2M18.3M7.8M9.0M7.3M
Capital Stock7.0K7.6K12.7K14.7K16.9K10.8K
Net Working Capital1.4M839.8K14.1M(332.6K)(382.4K)(363.3K)
Common Stock7.0K7.6K12.7K14.7K16.9K10.8K
Property Plant Equipment41.2K42.2K246.0K892.3K1.0M1.1M

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When determining whether Glimpse Group is a strong investment it is important to analyze Glimpse'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 Glimpse's future performance. For an informed investment choice regarding Glimpse Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Glimpse Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Glimpse Group information on this page should be used as a complementary analysis to other Glimpse'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Glimpse'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 Glimpse. If investors know Glimpse 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 Glimpse listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
0.63
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.21)
Return On Equity
(1.01)
The market value of Glimpse Group is measured differently than its book value, which is the value of Glimpse that is recorded on the company's balance sheet. Investors also form their own opinion of Glimpse's value that differs from its market value or its book value, called intrinsic value, which is Glimpse'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 Glimpse's market value can be influenced by many factors that don't directly affect Glimpse'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 Glimpse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glimpse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glimpse'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.