| GLBZ Stock | | | USD 6.00 0.05 0.83% |
Glen Burnie financial indicator trend analysis is much more than just examining Glen Burnie Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glen Burnie Bancorp is a good investment. Please check the relationship between Glen Burnie Other Operating Expenses and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glen Burnie Bancorp. 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 Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Glen Burnie Bancorp Other Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Glen Burnie's Other Operating Expenses and Total Revenue is 0.28. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Glen Burnie Bancorp, assuming nothing else is changed. The correlation between historical values of Glen Burnie's Other Operating Expenses and Total Revenue 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 Glen Burnie Bancorp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., Glen Burnie's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Glen Burnie Bancorp. It is also known as Glen Burnie 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.
Total Revenue
Total revenue comprises all receipts Glen Burnie Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Glen Burnie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glen Burnie Bancorp 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 Glen Burnie Bancorp. 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 this time, Glen Burnie's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 64.20 in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.9
M in 2024.
Glen Burnie fundamental ratios Correlations
Click cells to compare fundamentals
Glen Burnie Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Glen Burnie fundamental ratios Accounts
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Additional Tools for Glen Stock Analysis
When running Glen Burnie's price analysis, check to
measure Glen Burnie'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 Glen Burnie is operating at the current time. Most of Glen Burnie's value examination focuses on studying past and present price action to
predict the probability of Glen Burnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glen Burnie's price. Additionally, you may evaluate how the addition of Glen Burnie to your portfolios can decrease your overall portfolio volatility.