Global Net Income vs Cost Of Revenue Analysis
| GLE Stock | 1.89 0.23 13.86% |
Global Engine financial indicator trend analysis is much more than just examining Global Engine Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Engine Group is a good investment. Please check the relationship between Global Engine Net Income and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Engine Group. 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 economic analysis.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Engine Group Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Global Engine's Net Income and Cost Of Revenue is 0.21. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Global Engine Group, assuming nothing else is changed. The correlation between historical values of Global Engine's Net Income and Cost Of 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 Net Income of Global Engine Group are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Global Engine's Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Global Engine Group financial statement analysis. It represents the amount of money remaining after all of Global Engine Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on Global Engine Group income statement and represents the costs associated with goods and services Global Engine provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Global Engine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Engine Group 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 Engine Group. 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 economic analysis. As of January 5, 2025, Tax Provision is expected to decline to about 254 K. In addition to that, Selling General Administrative is expected to decline to about 3.2 M
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 7.4M | 7.3M | 8.4M | 9.6M | Total Revenue | 44.7M | 49.5M | 56.9M | 40.6M |
Global Engine fundamental ratios Correlations
Click cells to compare fundamentals
Global Engine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Engine fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 11.2M | 17.2M | 21.5M | 32.3M | 37.2M | 20.7M | |
| Total Current Liabilities | 8.9M | 8.0M | 9.9M | 18.2M | 20.9M | 11.9M | |
| Total Stockholder Equity | 2.2M | 8.9M | 11.6M | 14.2M | 16.3M | 8.7M | |
| Property Plant And Equipment Net | 6.6K | 2.1M | 1.4M | 677.1K | 778.7K | 904.8K | |
| Retained Earnings | 2.2M | 8.9M | 11.6M | 14.2M | 16.3M | 8.7M | |
| Accounts Payable | 0.0 | 1.1M | 5.6M | 12.8M | 14.8M | 15.5M | |
| Cash | 1.7M | 6.0M | 6.2M | 8.4M | 9.7M | 4.9M | |
| Non Current Assets Total | 6.6K | 5.3M | 5.6M | 6.3M | 7.2M | 3.8M | |
| Net Receivables | 3.1M | 1.2M | 8.7M | 17.1M | 19.7M | 20.7M | |
| Total Liab | 8.9M | 8.3M | 9.9M | 18.2M | 20.9M | 12.0M | |
| Net Invested Capital | 2.2M | 8.9M | 11.6M | 14.2M | 16.3M | 8.7M | |
| Total Current Assets | 11.2M | 12.0M | 15.9M | 26.1M | 30.0M | 16.9M | |
| Net Working Capital | 2.2M | 4.0M | 6.0M | 7.9M | 9.1M | 5.0M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Engine Group. 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 economic analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Internet Services & Infrastructure 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 Engine. 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 Engine 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 0.957 | Earnings Share 0.02 | Revenue Per Share 3.091 | Quarterly Revenue Growth 0.944 | Return On Assets 0.0666 |
The market value of Global Engine Group 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 Engine's value that differs from its market value or its book value, called intrinsic value, which is Global Engine'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 Engine's market value can be influenced by many factors that don't directly affect Global Engine'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 Engine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Engine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Engine'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.