Glory Net Working Capital from 2010 to 2024

GSMGW Stock  USD 0  0.0002  15.38%   
Glory Star Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Glory Star Net Working Capital regression line of quarterly data had mean square error of 2904.4 T and geometric mean of  21,286,520. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
260.7 M
Current Value
273.7 M
Quarterly Volatility
93.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glory Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glory Star's main balance sheet or income statement drivers, such as Tax Provision of 58 K, Net Interest Income of 3.1 K or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.29. Glory financial statements analysis is a perfect complement when working with Glory Star Valuation or Volatility modules.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Latest Glory Star's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Glory Star New over the last few years. It is Glory Star's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Glory Star's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Glory Net Working Capital Regression Statistics

Arithmetic Mean65,666,323
Geometric Mean21,286,520
Coefficient Of Variation142.46
Mean Deviation72,493,364
Median5,552,000
Standard Deviation93,546,832
Sample Variance8751T
Range268.1M
R-Value0.83
Mean Square Error2904.4T
R-Squared0.69
Significance0.0001
Slope17,398,307
Total Sum of Squares122514.1T

Glory Net Working Capital History

2024273.7 M
2023260.7 M
2022150.9 M
2021119 M
202067.8 M
201944.7 M
201823.8 M

About Glory Star Financial Statements

Glory Star investors use historical fundamental indicators, such as Glory Star's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Glory Star. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital260.7 M273.7 M

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Additional Tools for Glory Stock Analysis

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