Global Non Current Liabilities Other from 2010 to 2024

GLP Stock  USD 56.41  0.44  0.77%   
Global Partners Non Current Liabilities Other yearly trend continues to be relatively stable with very little volatility. Non Current Liabilities Other is likely to drop to about 58.1 M. During the period from 2010 to 2024, Global Partners Non Current Liabilities Other destribution of quarterly values had range of 808.4 M from its regression line and mean deviation of  273,929,973. View All Fundamentals
 
Non Current Liabilities Other  
First Reported
2011-06-30
Previous Quarter
57.5 M
Current Value
60.3 M
Quarterly Volatility
259.6 M
 
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' Non Current Liabilities Other Growth Pattern

Below is the plot of the Non Current Liabilities Other of Global Partners LP over the last few years. It is Global Partners' Non Current Liabilities Other 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.
Non Current Liabilities Other10 Years Trend
Slightly volatile
   Non Current Liabilities Other   
       Timeline  

Global Non Current Liabilities Other Regression Statistics

Arithmetic Mean499,002,600
Geometric Mean330,900,841
Coefficient Of Variation65.62
Mean Deviation273,929,973
Median489,306,000
Standard Deviation327,446,466
Sample Variance107221.2T
Range808.4M
R-Value(0.75)
Mean Square Error49815.3T
R-Squared0.57
Significance0
Slope(55,210,568)
Total Sum of Squares1501096.6T

Global Non Current Liabilities Other History

202458.1 M
202361.2 M
202257.3 M
202153.5 M
2020753.6 M
2019861.9 M
2018485 M

About Global Partners Financial Statements

Global Partners shareholders use historical fundamental indicators, such as Non Current Liabilities Other, 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 ReportedProjected for Next Year
Non Current Liabilities Other61.2 M58.1 M

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

  0.82AM Antero Midstream PartnersPairCorr
  0.95EE Excelerate EnergyPairCorr
  0.93ET Energy Transfer LPPairCorr
  0.93DLNG Dynagas LNG PartnersPairCorr

Moving against Global Stock

  0.84PXS Pyxis TankersPairCorr
  0.83LPG Dorian LPGPairCorr
  0.78NAT Nordic American TankersPairCorr
  0.76PXSAW Pyxis TankersPairCorr
  0.66FRO Frontline Downward RallyPairCorr
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 CorrelationCorrelation 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.