Global Other Operating Expenses vs Net Income Analysis

GLBE Stock

USD 52.28 0.42 0.81%

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 Operating Expenses and its Net Income 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 Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global E Online Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Global E's Other Operating Expenses and Net Income is -0.93. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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 Operating Expenses and Net Income 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 Operating Expenses of Global E Online are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Global E's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Global E Online. It is also known as Global E overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Global E Online financial statement analysis. It represents the amount of money remaining after all of Global E Online operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 135.87, whereas Selling General Administrative is forecasted to decline to about 29.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	8.6M	12.1M	13.9M	14.6M
Depreciation And Amortization	331K	29.4M	172.7M	181.3M

Interest Expense Depreciation And Amortization

Global E fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Deferred Long Term Liab	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations
Other Current Liab		0.91	0.96	0.67	-0.97	0.89	0.01	0.53	0.27	0.96	0.99	0.84	0.98	0.93	0.91	0.91	0.92	-0.82	-0.7	0.72	0.89	0.18	0.8	1.0	-0.44	0.91
Total Current Liabilities	0.91		0.9	0.71	-0.9	0.98	0.22	0.64	0.28	0.82	0.94	0.88	0.93	0.98	0.95	0.97	0.97	-0.82	-0.68	0.71	0.96	0.22	0.8	0.9	-0.46	0.95
Other Liab	0.96	0.9		0.83	-0.92	0.88	0.14	0.59	0.31	0.85	0.97	0.92	0.99	0.95	0.97	0.96	0.96	-0.79	-0.83	0.84	0.87	0.22	0.9	0.96	-0.64	0.97
Net Tangible Assets	0.67	0.71	0.83		-0.55	0.66	0.26	0.33	0.21	0.51	0.71	0.95	0.76	0.8	0.89	0.83	0.82	-0.71	-0.98	0.98	0.61	0.55	0.97	0.69	-0.64	0.89
Retained Earnings	-0.97	-0.9	-0.92	-0.55		-0.89	0.01	-0.62	-0.35	-0.93	-0.96	-0.74	-0.95	-0.88	-0.85	-0.87	-0.89	0.68	0.55	-0.57	-0.9	0.06	-0.67	-0.96	0.51	-0.85
Accounts Payable	0.89	0.98	0.88	0.66	-0.89		0.36	0.75	0.28	0.77	0.93	0.84	0.92	0.98	0.92	0.96	0.96	-0.82	-0.64	0.66	0.99	0.19	0.75	0.86	-0.44	0.92
Other Assets	0.01	0.22	0.14	0.26	0.01	0.36		0.7	0.06	-0.24	0.13	0.21	0.14	0.31	0.25	0.33	0.27	-0.3	-0.19	0.2	0.38	0.22	0.18	-0.06	-0.12	0.25
Net Receivables	0.53	0.64	0.59	0.33	-0.62	0.75	0.7		0.29	0.33	0.62	0.42	0.62	0.67	0.58	0.68	0.66	-0.43	-0.26	0.28	0.8	-0.2	0.34	0.47	-0.46	0.58
Common Stock Shares Outstanding	0.27	0.28	0.31	0.21	-0.35	0.28	0.06	0.29		0.16	0.22	0.2	0.28	0.3	0.31	0.32	0.36	0.05	-0.09	0.11	0.34	-0.41	0.16	0.24	-0.58	0.31
Other Current Assets	0.96	0.82	0.85	0.51	-0.93	0.77	-0.24	0.33	0.16		0.92	0.72	0.89	0.8	0.77	0.77	0.79	-0.75	-0.57	0.59	0.76	0.14	0.68	0.97	-0.27	0.77
Deferred Long Term Liab	0.99	0.94	0.97	0.71	-0.96	0.93	0.13	0.62	0.22	0.92		0.86	0.99	0.96	0.93	0.95	0.95	-0.84	-0.73	0.75	0.92	0.2	0.82	0.98	-0.47	0.93
Total Current Assets	0.84	0.88	0.92	0.95	-0.74	0.84	0.21	0.42	0.2	0.72	0.86		0.89	0.93	0.98	0.94	0.93	-0.85	-0.94	0.95	0.79	0.51	0.99	0.84	-0.54	0.98
Property Plant Equipment	0.98	0.93	0.99	0.76	-0.95	0.92	0.14	0.62	0.28	0.89	0.99	0.89		0.96	0.95	0.96	0.96	-0.81	-0.77	0.78	0.91	0.19	0.85	0.98	-0.56	0.95
Total Assets	0.93	0.98	0.95	0.8	-0.88	0.98	0.31	0.67	0.3	0.8	0.96	0.93	0.96		0.98	1.0	0.99	-0.86	-0.78	0.8	0.96	0.29	0.87	0.91	-0.51	0.98
Short Long Term Debt Total	0.91	0.95	0.97	0.89	-0.85	0.92	0.25	0.58	0.31	0.77	0.93	0.98	0.95	0.98		0.99	0.99	-0.83	-0.87	0.89	0.89	0.34	0.94	0.9	-0.6	1.0
Total Stockholder Equity	0.91	0.97	0.96	0.83	-0.87	0.96	0.33	0.68	0.32	0.77	0.95	0.94	0.96	1.0	0.99		1.0	-0.85	-0.81	0.82	0.95	0.29	0.89	0.89	-0.56	0.99
Property Plant And Equipment Net	0.92	0.97	0.96	0.82	-0.89	0.96	0.27	0.66	0.36	0.79	0.95	0.93	0.96	0.99	0.99	1.0		-0.8	-0.79	0.81	0.94	0.23	0.88	0.9	-0.6	0.99
Current Deferred Revenue	-0.82	-0.82	-0.79	-0.71	0.68	-0.82	-0.3	-0.43	0.05	-0.75	-0.84	-0.85	-0.81	-0.86	-0.83	-0.85	-0.8		0.78	-0.79	-0.79	-0.66	-0.83	-0.8	0.08	-0.83
Net Debt	-0.7	-0.68	-0.83	-0.98	0.55	-0.64	-0.19	-0.26	-0.09	-0.57	-0.73	-0.94	-0.77	-0.78	-0.87	-0.81	-0.79	0.78		-1.0	-0.58	-0.64	-0.98	-0.72	0.52	-0.87
Cash	0.72	0.71	0.84	0.98	-0.57	0.66	0.2	0.28	0.11	0.59	0.75	0.95	0.78	0.8	0.89	0.82	0.81	-0.79	-1.0		0.6	0.62	0.99	0.73	-0.53	0.89
Non Current Assets Total	0.89	0.96	0.87	0.61	-0.9	0.99	0.38	0.8	0.34	0.76	0.92	0.79	0.91	0.96	0.89	0.95	0.94	-0.79	-0.58	0.6		0.11	0.7	0.85	-0.43	0.89
Non Currrent Assets Other	0.18	0.22	0.22	0.55	0.06	0.19	0.22	-0.2	-0.41	0.14	0.2	0.51	0.19	0.29	0.34	0.29	0.23	-0.66	-0.64	0.62	0.11		0.57	0.18	0.27	0.34
Cash And Short Term Investments	0.8	0.8	0.9	0.97	-0.67	0.75	0.18	0.34	0.16	0.68	0.82	0.99	0.85	0.87	0.94	0.89	0.88	-0.83	-0.98	0.99	0.7	0.57		0.81	-0.54	0.94
Short Term Investments	1.0	0.9	0.96	0.69	-0.96	0.86	-0.06	0.47	0.24	0.97	0.98	0.84	0.98	0.91	0.9	0.89	0.9	-0.8	-0.72	0.73	0.85	0.18	0.81		-0.46	0.9
Non Current Liabilities Total	-0.44	-0.46	-0.64	-0.64	0.51	-0.44	-0.12	-0.46	-0.58	-0.27	-0.47	-0.54	-0.56	-0.51	-0.6	-0.56	-0.6	0.08	0.52	-0.53	-0.43	0.27	-0.54	-0.46		-0.6
Capital Lease Obligations	0.91	0.95	0.97	0.89	-0.85	0.92	0.25	0.58	0.31	0.77	0.93	0.98	0.95	0.98	1.0	0.99	0.99	-0.83	-0.87	0.89	0.89	0.34	0.94	0.9	-0.6

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Global E Account Relationship Matchups

Global E fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	619K	48.6M	86.7M	115.4M	170.4M	178.9M
Total Current Liabilities	41.8M	83.9M	131.6M	209.6M	273.5M	139.5M
Net Tangible Assets	(53.0M)	(44.5M)	499.2M	179.1M	206.0M	117.7M
Retained Earnings	(56.6M)	(52.7M)	(127.6M)	(323.0M)	(456.9M)	(434.0M)
Accounts Payable	9.0M	19.1M	24.1M	52.2M	50.9M	29.4M
Other Assets	2.4M	3.3M	3.7M	9.0M	1.0	0.95
Net Receivables	23.6M	3.6M	9.2M	94.5M	27.8M	30.9M
Common Stock Shares Outstanding	32.8K	28.6M	101.7M	157.7M	164.4M	105.3M
Other Current Assets	(1K)	57.5M	46.6M	51.2M	175.2M	184.0M
Deferred Long Term Liab	420K	729K	1.3M	1.8M	2.1M	2.2M
Total Current Assets	39.3M	153.1M	622.5M	374.7M	520.5M	318.3M
Property Plant Equipment	1.9M	4.9M	23.4M	30.0M	34.5M	36.2M

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Earnings Share

(0.59)

Revenue Per Share

3.814

Quarterly Revenue Growth

0.26

Return On Assets

(0.05)

Return On Equity

(0.12)

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.

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Global Other Operating Expenses vs Net Income Analysis

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Net Income

Global E fundamental ratios Correlations

Global E Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Global E fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Investments	+ 1.0	Other Current Liab
Total Stockholder Equity	+ 1.0	Total Assets
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Deferred Long Term Liab	+ 0.99	Other Current Liab
Property Plant Equipment	+ 0.99	Other Liab

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Net Debt	- 0.98	Net Tangible Assets
Retained Earnings	- 0.97	Other Current Liab
Short Term Investments	- 0.96	Retained Earnings
Deferred Long Term Liab	- 0.96	Retained Earnings