Global Other Liab vs Capital Lease Obligations Analysis

GLBE Stock  USD 62.84  0.10  0.16%   
Global E financial indicator trend analysis is much more than just examining Global E Online latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global E Online is a good investment. Please check the relationship between Global E Other Liab and its Capital Lease Obligations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Other Liab vs Capital Lease Obligations

Other Liab vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global E Online Other Liab account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Global E's Other Liab and Capital Lease Obligations is 0.96. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Global E Online, assuming nothing else is changed. The correlation between historical values of Global E's Other Liab and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Global E Online are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Other Liab i.e., Global E's Other Liab and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Capital Lease Obligations

Global E Online capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Global E asset purchases. For example, Global E can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Global E control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Global E's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global E Online 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Global E's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.12, whereas Enterprise Value is forecasted to decline to about 3.1 B.
 2022 2024 2025 (projected)
Interest Expense12.1M13.9M14.6M
Depreciation And Amortization29.4M198.6M208.5M

Global E fundamental ratios Correlations

1.00.950.66-0.960.89-0.170.510.410.970.980.850.970.920.910.910.92-0.81-0.660.730.890.090.821.0-0.50.91
1.00.950.65-0.970.91-0.130.560.370.960.990.840.980.930.90.910.92-0.81-0.640.710.910.070.80.99-0.50.9
0.950.950.84-0.920.890.030.60.430.860.970.930.990.950.960.960.95-0.81-0.820.860.880.170.920.94-0.670.96
0.660.650.84-0.590.670.170.360.290.530.730.920.770.790.860.820.8-0.73-0.980.990.630.510.960.67-0.660.86
-0.96-0.97-0.92-0.59-0.930.13-0.62-0.5-0.93-0.95-0.81-0.95-0.92-0.89-0.91-0.930.720.56-0.63-0.930.09-0.74-0.960.58-0.89
0.890.910.890.67-0.930.120.70.450.820.930.880.920.980.940.970.97-0.82-0.620.690.990.110.80.88-0.510.94
-0.17-0.130.030.170.130.120.62-0.08-0.370.010.030.020.090.050.130.06-0.18-0.140.090.160.230.04-0.23-0.020.05
0.510.560.60.36-0.620.70.620.320.350.630.440.630.640.570.660.63-0.45-0.280.310.75-0.210.370.47-0.480.57
0.410.370.430.29-0.50.45-0.080.320.340.350.370.40.460.460.460.51-0.09-0.170.220.49-0.40.30.39-0.630.46
0.970.960.860.53-0.930.82-0.370.350.340.910.770.90.840.820.810.83-0.75-0.550.620.810.060.720.98-0.380.82
0.980.990.970.73-0.950.930.010.630.350.910.890.990.960.940.950.94-0.86-0.720.780.930.160.850.97-0.530.94
0.850.840.930.92-0.810.880.030.440.370.770.890.910.950.980.950.95-0.85-0.90.940.840.40.980.86-0.60.98
0.970.980.990.77-0.950.920.020.630.40.90.990.910.960.950.960.95-0.84-0.760.810.920.150.880.97-0.60.95
0.920.930.950.79-0.920.980.090.640.460.840.960.950.960.991.00.99-0.86-0.750.810.970.20.890.91-0.570.99
0.910.90.960.86-0.890.940.050.570.460.820.940.980.950.990.990.99-0.84-0.830.880.920.250.940.9-0.641.0
0.910.910.960.82-0.910.970.130.660.460.810.950.950.961.00.990.99-0.85-0.780.830.960.210.910.9-0.610.99
0.920.920.950.8-0.930.970.060.630.510.830.940.950.950.990.990.99-0.81-0.750.810.960.150.890.91-0.640.99
-0.81-0.81-0.81-0.730.72-0.82-0.18-0.45-0.09-0.75-0.86-0.85-0.84-0.86-0.84-0.85-0.810.78-0.81-0.8-0.6-0.85-0.80.17-0.84
-0.66-0.64-0.82-0.980.56-0.62-0.14-0.28-0.17-0.55-0.72-0.9-0.76-0.75-0.83-0.78-0.750.78-0.99-0.58-0.62-0.96-0.670.54-0.83
0.730.710.860.99-0.630.690.090.310.220.620.780.940.810.810.880.830.81-0.81-0.990.650.570.980.74-0.570.88
0.890.910.880.63-0.930.990.160.750.490.810.930.840.920.970.920.960.96-0.8-0.580.650.050.760.87-0.510.92
0.090.070.170.510.090.110.23-0.21-0.40.060.160.40.150.20.250.210.15-0.6-0.620.570.050.480.10.290.25
0.820.80.920.96-0.740.80.040.370.30.720.850.980.880.890.940.910.89-0.85-0.960.980.760.480.82-0.590.94
1.00.990.940.67-0.960.88-0.230.470.390.980.970.860.970.910.90.90.91-0.8-0.670.740.870.10.82-0.520.9
-0.5-0.5-0.67-0.660.58-0.51-0.02-0.48-0.63-0.38-0.53-0.6-0.6-0.57-0.64-0.61-0.640.170.54-0.57-0.510.29-0.59-0.52-0.64
0.910.90.960.86-0.890.940.050.570.460.820.940.980.950.991.00.990.99-0.84-0.830.880.920.250.940.9-0.64
Click cells to compare fundamentals

Global E Account Relationship Matchups

Global E fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab48.6M86.7M115.4M170.4M195.9M205.7M
Total Current Liabilities83.9M131.6M209.6M273.5M314.5M330.3M
Net Tangible Assets(53.0M)(44.5M)499.2M179.1M206.0M117.7M
Retained Earnings(52.7M)(127.6M)(323.0M)(456.9M)(411.2M)(390.6M)
Accounts Payable19.1M24.1M52.2M50.9M58.6M29.4M
Other Assets3.3M3.7M9.0M1.01.151.09
Net Receivables3.6M9.2M94.5M27.8M32.0M30.9M
Common Stock Shares Outstanding28.6M101.7M157.7M164.4M189.0M105.3M
Other Current Assets57.5M46.6M51.2M175.2M201.5M211.6M
Deferred Long Term Liab420K729K1.3M1.8M2.1M2.2M
Total Current Assets153.1M622.5M374.7M520.5M598.5M318.3M
Property Plant Equipment1.9M4.9M23.4M30.0M34.5M36.2M
Total Assets347.3M846.1M1.2B1.2B1.4B792.4M
Short Long Term Debt Total4.4M21.3M19.8M23.3M26.8M15.5M
Total Stockholder Equity141.5M695.8M928.1M902.0M1.0B575.2M
Property Plant And Equipment Net4.9M23.4M30.0M33.3M38.3M20.6M
Current Deferred Revenue4.4M7.4M9.2M10.5M9.5M10.1M
Net Debt(64.2M)(427.3M)(145.2M)(176.8M)(159.1M)(167.0M)
Cash68.6M448.6M165.0M200.1M230.1M195.2M
Non Current Assets Total194.2M223.7M787.9M681.9M784.2M416.2M
Non Currrent Assets Other186.9M200.3M5.4M6.6M5.9M5.6M
Cash And Short Term Investments92.0M509.1M228.2M317.4M365.0M253.4M
Short Term Investments23.3M60.4M63.2M117.3M134.9M141.7M
Liabilities And Stockholders Equity347.3M846.1M1.2B1.2B1.4B792.4M
Non Current Liabilities Total121.9M18.8M24.9M26.9M24.2M39.6M
Capital Lease Obligations4.4M21.3M19.8M23.3M26.8M15.5M
Other Stockholder Equity(104.5M)823.6M1.3B1.4B1.6B1.6B
Total Liab205.8M150.4M234.5M300.4M345.4M217.3M
Net Invested Capital141.5M695.8M928.1M902.0M1.0B575.2M
Property Plant And Equipment Gross4.9M23.4M30.0M37.7M43.3M45.5M
Accumulated Other Comprehensive Income111K(159K)(1.9M)(1.4M)(1.3M)(1.2M)
Net Working Capital69.2M490.9M165.1M247.0M284.0M213.3M
Short Term Debt915K5.0M6.5M4.0M4.6M3.8M

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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 Global E Online is a strong investment it is important to analyze Global E'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 Global E's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global E Online. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Broadline Retail 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 Global E. If investors know Global 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 Global E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
4.052
Quarterly Revenue Growth
0.317
Return On Assets
(0.05)
Return On Equity
(0.11)
The market value of Global E Online is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global E's value that differs from its market value or its book value, called intrinsic value, which is Global E'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 Global E's market value can be influenced by many factors that don't directly affect Global E'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 Global E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global E'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.