Global Net Debt from 2010 to 2024

GLP Stock

USD 53.65 0.27 0.50%

Global Partners Net Debt yearly trend continues to be relatively stable with very little volatility. Net Debt is likely to drop to about 897.7 M. Net Debt is the total debt of Global Partners LP minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

2004-12-31

Previous Quarter

2.1 B

Current Value

2 B

Quarterly Volatility

536.9 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Global Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Partners' main balance sheet or income statement drivers, such as Depreciation And Amortization of 115.6 M, Interest Expense of 48.6 M or Total Revenue of 10.7 B, as well as many indicators such as Price To Sales Ratio of 0.0459, Dividend Yield of 0.08 or PTB Ratio of 1.89. Global financial statements analysis is a perfect complement when working with Global Partners Valuation or Volatility modules.

Check out the analysis of Global Partners Correlation against competitors.

Latest Global Partners' Net Debt Growth Pattern

Below is the plot of the Net Debt of Global Partners LP over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Global Partners' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Partners' overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

Global Net Debt Regression Statistics

	Arithmetic Mean	1,124,961,240
	Coefficient Of Variation	40.00
	Mean Deviation	362,837,045
	Median	1,262,338,000
	Standard Deviation	449,970,302
	Sample Variance	202473.3T
	Range	1.7B
	R-Value	0.69
	Mean Square Error	113589.8T
	R-Squared	0.48
	Significance	0
	Slope	69,640,872
	Total Sum of Squares	2834625.8T

Global Net Debt History

	2024	897.7 M
	2023	1.5 B
	2022	1.4 B
	2021	1.6 B
	2020	1.5 B
	2019	1.7 B
	2018	1.3 B

Other Fundumenentals of Global Partners LP

Net Debt To E B I T D A

Global Partners Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Net Receivables	Short Term Debt	Good Will	Deferred Long Term Liab	Common Stock	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.18	0.89	0.98	0.6	0.34	0.76	0.34	0.34	0.75	0.59	0.35	0.22	0.74	0.63	0.73	-0.46	0.67	0.17	-0.56	-0.24	0.48	-0.13
Total Stockholder Equity	0.18		-0.13	0.09	0.22	0.43	0.07	0.19	-0.05	0.42	0.34	0.37	-0.33	0.2	0.1	0.52	0.17	0.12	0.58	-0.07	-0.61	0.37	-0.8
Net Debt	0.89	-0.13		0.92	0.35	-0.03	0.79	0.2	0.26	0.71	0.62	0.03	0.5	0.81	0.78	0.52	-0.74	0.79	0.07	-0.74	-0.07	0.43	0.13
Total Liab	0.98	0.09	0.92		0.64	0.34	0.77	0.32	0.37	0.72	0.64	0.38	0.27	0.7	0.61	0.64	-0.54	0.65	0.14	-0.55	-0.16	0.44	-0.07
Total Current Assets	0.6	0.22	0.35	0.64		0.82	0.38	0.5	0.46	0.23	0.39	0.9	-0.15	-0.02	-0.1	0.27	0.07	-0.06	0.01	0.16	-0.09	0.06	-0.18
Accounts Payable	0.34	0.43	-0.03	0.34	0.82		0.05	0.34	0.21	0.07	0.22	0.96	-0.43	-0.23	-0.39	0.22	0.37	-0.29	0.21	0.39	-0.28	0.15	-0.48
Long Term Debt	0.76	0.07	0.79	0.77	0.38	0.05		0.36	0.08	0.64	0.58	0.13	0.39	0.62	0.68	0.41	-0.5	0.74	0.24	-0.65	-0.21	0.48	-0.13
Short Term Investments	0.34	0.19	0.2	0.32	0.5	0.34	0.36		0.41	0.13	0.17	0.32	-0.15	0.07	0.21	0.26	0.19	-0.07	-0.02	-0.02	-0.13	-0.05	-0.04
Intangible Assets	0.34	-0.05	0.26	0.37	0.46	0.21	0.08	0.41		-0.02	0.02	0.29	-0.16	0.11	0.1	0.32	-0.2	-0.13	-0.43	0.08	0.45	-0.52	0.29
Property Plant Equipment	0.75	0.42	0.71	0.72	0.23	0.07	0.64	0.13	-0.02		0.68	0.07	0.2	0.85	0.72	0.77	-0.56	0.85	0.61	-0.82	-0.57	0.78	-0.28
Current Deferred Revenue	0.59	0.34	0.62	0.64	0.39	0.22	0.58	0.17	0.02	0.68		0.28	0.29	0.53	0.55	0.37	-0.6	0.55	0.45	-0.58	-0.22	0.45	-0.39
Net Receivables	0.35	0.37	0.03	0.38	0.9	0.96	0.13	0.32	0.29	0.07	0.28		-0.34	-0.25	-0.38	0.14	0.26	-0.27	0.16	0.38	-0.14	0.07	-0.43
Short Term Debt	0.22	-0.33	0.5	0.27	-0.15	-0.43	0.39	-0.15	-0.16	0.2	0.29	-0.34		0.36	0.53	-0.07	-0.54	0.52	-0.23	-0.35	0.12	0.15	0.17
Good Will	0.74	0.2	0.81	0.7	-0.02	-0.23	0.62	0.07	0.11	0.85	0.53	-0.25	0.36		0.91	0.74	-0.71	0.91	0.29	-0.9	-0.32	0.58	-0.05
Deferred Long Term Liab	0.63	0.1	0.78	0.61	-0.1	-0.39	0.68	0.21	0.1	0.72	0.55	-0.38	0.53	0.91		0.54	-0.73	0.88	0.21	-0.87	-0.22	0.43	-0.03
Common Stock	0.73	0.52	0.52	0.64	0.27	0.22	0.41	0.26	0.32	0.77	0.37	0.14	-0.07	0.74	0.54		-0.24	0.57	0.3	-0.51	-0.4	0.44	-0.24
Net Tangible Assets	-0.46	0.17	-0.74	-0.54	0.07	0.37	-0.5	0.19	-0.2	-0.56	-0.6	0.26	-0.54	-0.71	-0.73	-0.24		-0.7	-0.13	0.79	-0.07	-0.29	-0.18
Long Term Debt Total	0.67	0.12	0.79	0.65	-0.06	-0.29	0.74	-0.07	-0.13	0.85	0.55	-0.27	0.52	0.91	0.88	0.57	-0.7		0.37	-0.89	-0.34	0.68	-0.12
Long Term Investments	0.17	0.58	0.07	0.14	0.01	0.21	0.24	-0.02	-0.43	0.61	0.45	0.16	-0.23	0.29	0.21	0.3	-0.13	0.37		-0.43	-0.72	0.77	-0.65
Short Long Term Debt	-0.56	-0.07	-0.74	-0.55	0.16	0.39	-0.65	-0.02	0.08	-0.82	-0.58	0.38	-0.35	-0.9	-0.87	-0.51	0.79	-0.89	-0.43		0.32	-0.63	-0.04
Cash And Equivalents	-0.24	-0.61	-0.07	-0.16	-0.09	-0.28	-0.21	-0.13	0.45	-0.57	-0.22	-0.14	0.12	-0.32	-0.22	-0.4	-0.07	-0.34	-0.72	0.32		-0.78	0.47
Net Invested Capital	0.48	0.37	0.43	0.44	0.06	0.15	0.48	-0.05	-0.52	0.78	0.45	0.07	0.15	0.58	0.43	0.44	-0.29	0.68	0.77	-0.63	-0.78		-0.43
Net Working Capital	-0.13	-0.8	0.13	-0.07	-0.18	-0.48	-0.13	-0.04	0.29	-0.28	-0.39	-0.43	0.17	-0.05	-0.03	-0.24	-0.18	-0.12	-0.65	-0.04	0.47	-0.43

Click cells to compare fundamentals

About Global Partners Financial Statements

Global Partners shareholders use historical fundamental indicators, such as Net Debt, to determine how well the company is positioned to perform in the future. Although Global Partners investors may analyze each financial statement separately, they are all interrelated. The changes in Global Partners' assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Partners' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Net Debt	1.5 B	897.7 M
Net Debt To EBITDA	4.26	4.88

Pair Trading with Global Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with Global Stock

0.7	AM	Antero Midstream Partners	Pair Corr
0.96	EE	Excelerate Energy	Pair Corr
0.95	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.94	DLNG	Dynagas LNG Partners	Pair Corr

Moving against Global Stock

0.89	PXS	Pyxis Tankers	Pair Corr
0.86	LPG	Dorian LPG	Pair Corr
0.86	NAT	Nordic American Tankers	Pair Corr
0.78	FRO	Frontline	Pair Corr
0.77	PXSAW	Pyxis Tankers	Pair Corr

The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Partners LP to buy it.

The correlation of Global Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Global Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Global Stock Analysis

When running Global Partners' price analysis, check to measure Global Partners' 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 Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.

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Global Net Debt from 2010 to 2024

Latest Global Partners' Net Debt Growth Pattern

Global Net Debt Regression Statistics

Global Net Debt History

Other Fundumenentals of Global Partners LP

Global Partners Net Debt component correlations

About Global Partners Financial Statements

Pair Trading with Global Partners

Moving together with Global Stock

Moving against Global Stock

Additional Tools for Global Stock Analysis

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