Globus Other Operating Expenses from 2010 to 2024

GMED Stock  USD 82.63  0.69  0.84%   
Globus Medical's Other Operating Expenses is increasing over the years with slightly volatile fluctuation. Overall, Other Operating Expenses is expected to go to about 1.5 B this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2010-12-31
Previous Quarter
565.6 M
Current Value
576.7 M
Quarterly Volatility
130 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 152 M, Interest Expense of 21.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 4.16, Dividend Yield of 0.0 or PTB Ratio of 1.43. Globus financial statements analysis is a perfect complement when working with Globus Medical Valuation or Volatility modules.
  
Check out the analysis of Globus Medical Correlation against competitors.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.

Latest Globus Medical's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Globus Medical over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Globus Medical. It is also known as Globus Medical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Globus Medical's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Medical's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Globus Other Operating Expenses Regression Statistics

Arithmetic Mean592,288,247
Geometric Mean490,674,141
Coefficient Of Variation68.08
Mean Deviation296,096,696
Median469,858,000
Standard Deviation403,241,776
Sample Variance162603.9T
Range1.3B
R-Value0.89
Mean Square Error35170.6T
R-Squared0.80
Slope80,605,671
Total Sum of Squares2276455T

Globus Other Operating Expenses History

20241.5 B
20231.4 B
2022786.6 M
2021763.2 M
2020673.6 M
2019608.6 M
2018536.1 M

About Globus Medical Financial Statements

Globus Medical stakeholders use historical fundamental indicators, such as Globus Medical's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Globus Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globus Medical's assets and liabilities are reflected in the revenues and expenses on Globus Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Globus Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses1.4 B1.5 B

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 Globus Medical is a strong investment it is important to analyze Globus Medical'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 Globus Medical's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:
Check out the analysis of Globus Medical Correlation against competitors.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Health Care Equipment & Supplies space 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 Globus Medical. If investors know Globus 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 Globus Medical 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
42.231
Earnings Share
0.62
Revenue Per Share
18.217
Quarterly Revenue Growth
0.631
Return On Assets
0.0473
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical'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 Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical'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 Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical'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.