Globant Total Assets vs Net Receivables Analysis

GLOB Stock  USD 229.55  1.38  0.60%   
Globant SA financial indicator trend analysis is much more than just examining Globant SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globant SA is a good investment. Please check the relationship between Globant SA Total Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globant SA Total Assets account and Net Receivables. At this time, the significance of the direction appears to have totally related.
The correlation between Globant SA's Total Assets and Net Receivables is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Globant SA, assuming nothing else is changed. The correlation between historical values of Globant SA's Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Globant SA are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Globant SA's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Globant SA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Globant SA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Globant SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globant SA 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 Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.At present, Globant SA'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 0.24, whereas Tax Provision is forecasted to decline to about 25.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense12.7M16.6M20.1M13.5M
Depreciation And Amortization80.3M107.9M139.9M146.9M

Globant SA fundamental ratios Correlations

0.920.860.890.870.940.90.960.47-0.580.920.860.920.910.390.930.040.90.910.870.890.640.93-0.490.90.93
0.920.960.990.991.00.970.970.56-0.440.990.930.921.00.090.77-0.120.810.990.990.80.590.98-0.340.970.99
0.860.960.940.980.950.910.910.7-0.250.960.940.830.97-0.060.670.010.690.960.980.740.460.96-0.180.90.93
0.890.990.940.980.990.960.930.5-0.450.970.890.910.990.050.74-0.250.790.980.980.740.540.94-0.290.970.99
0.870.990.980.980.970.930.920.58-0.320.980.930.850.99-0.020.69-0.170.720.991.00.740.490.94-0.20.950.96
0.941.00.950.990.970.970.980.53-0.490.980.920.930.990.140.8-0.130.840.990.980.810.620.97-0.380.970.99
0.90.970.910.960.930.970.940.62-0.50.940.840.920.960.110.75-0.120.820.950.950.780.570.97-0.350.920.97
0.960.970.910.930.920.980.940.49-0.550.950.890.950.950.210.840.010.890.950.920.820.70.97-0.540.950.98
0.470.560.70.50.580.530.620.490.090.590.610.430.59-0.180.30.380.280.560.610.550.070.660.170.390.49
-0.58-0.44-0.25-0.45-0.32-0.49-0.5-0.550.09-0.36-0.18-0.74-0.38-0.62-0.760.19-0.82-0.36-0.32-0.51-0.57-0.460.63-0.44-0.54
0.920.990.960.970.980.980.940.950.59-0.360.960.870.990.130.76-0.060.751.00.980.830.570.95-0.30.950.96
0.860.930.940.890.930.920.840.890.61-0.180.960.750.940.080.680.080.630.960.930.770.510.9-0.260.890.87
0.920.920.830.910.850.930.920.950.43-0.740.870.750.890.290.89-0.110.950.870.850.80.640.93-0.490.880.95
0.911.00.970.990.990.990.960.950.59-0.380.990.940.890.050.74-0.130.771.01.00.780.550.97-0.290.970.98
0.390.09-0.060.05-0.020.140.110.21-0.18-0.620.130.080.290.050.60.210.40.07-0.020.450.360.09-0.450.080.13
0.930.770.670.740.690.80.750.840.3-0.760.760.680.890.740.60.060.930.730.690.890.620.78-0.530.730.8
0.04-0.120.01-0.25-0.17-0.13-0.120.010.380.19-0.060.08-0.11-0.130.210.06-0.06-0.11-0.160.180.10.03-0.18-0.2-0.17
0.90.810.690.790.720.840.820.890.28-0.820.750.630.950.770.40.93-0.060.760.720.820.710.83-0.640.80.86
0.910.990.960.980.990.990.950.950.56-0.361.00.960.871.00.070.73-0.110.760.990.790.590.96-0.320.970.97
0.870.990.980.981.00.980.950.920.61-0.320.980.930.851.0-0.020.69-0.160.720.990.750.50.95-0.20.950.96
0.890.80.740.740.740.810.780.820.55-0.510.830.770.80.780.450.890.180.820.790.750.650.8-0.410.730.78
0.640.590.460.540.490.620.570.70.07-0.570.570.510.640.550.360.620.10.710.590.50.650.59-0.840.670.64
0.930.980.960.940.940.970.970.970.66-0.460.950.90.930.970.090.780.030.830.960.950.80.59-0.390.920.97
-0.49-0.34-0.18-0.29-0.2-0.38-0.35-0.540.170.63-0.3-0.26-0.49-0.29-0.45-0.53-0.18-0.64-0.32-0.2-0.41-0.84-0.39-0.44-0.42
0.90.970.90.970.950.970.920.950.39-0.440.950.890.880.970.080.73-0.20.80.970.950.730.670.92-0.440.98
0.930.990.930.990.960.990.970.980.49-0.540.960.870.950.980.130.8-0.170.860.970.960.780.640.97-0.420.98
Click cells to compare fundamentals

Globant SA Account Relationship Matchups

Globant SA fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding37.7M39.7M42.1M42.9M43.6M40.7M
Total Assets687.8M1.3B1.9B2.2B2.7B2.9B
Short Long Term Debt Total112.7M113.6M146.7M138.8M277.8M291.7M
Other Current Liab9.3M150.1M281.6M314.1M413.5M434.2M
Total Current Liabilities146.2M205.6M386.3M421.1M678.1M712.0M
Total Stockholder Equity438.7M879.9M1.3B1.5B1.7B1.8B
Other Liab10.7M105.2M85.1M116.9M134.4M141.1M
Property Plant And Equipment Net146.3M191.0M278.2M309.0M282.1M296.2M
Current Deferred Revenue84.8M134.2M8.0M3.5M124.7M131.0M
Net Debt50.0M(165.4M)(281.1M)(153.6M)(29.4M)(30.8M)
Retained Earnings239.4M293.6M389.7M538.6M697.1M731.9M
Accounts Payable31.5M16.9M22.2M35.8M48.5M50.9M
Cash62.7M278.9M427.8M292.5M307.2M322.6M
Non Current Assets Total411.3M753.2M1.1B1.3B1.8B1.9B
Non Currrent Assets Other16.6M22.2M32.8M27.0M4.1M3.9M
Other Assets45.2M68.4M116.5M78.7M90.5M48.3M
Long Term Debt50.2M25.1M1.9M861K2.2M2.1M
Cash And Short Term Investments87.0M299.8M462.4M347.4M324.8M173.4M
Net Receivables176.0M218.9M308.0M440.0M531.0M557.6M
Good Will188.5M392.8M573.0M738.0M1.2B1.2B
Common Stock Total Equity42.3M43.2M44.4M47.9M55.0M45.0M
Short Term Investments24.3M20.9M34.6M54.9M19.4M22.7M
Liabilities And Stockholders Equity687.8M1.3B1.9B2.2B2.7B2.9B
Non Current Liabilities Total102.9M203.2M195.6M215.2M270.7M284.2M
Inventory(19.4M)(19.3M)(27.6M)(47.2M)1.01.05
Other Current Assets13.4M17.6M51.3M76.2M68.7M72.2M
Other Stockholder Equity157.5M541.2M872.0M950.5M1.0B1.1B
Total Liab249.1M408.8M581.9M636.3M948.7M996.2M
Property Plant And Equipment Gross146.3M191.0M278.2M309.0M431.3M452.8M
Total Current Assets276.5M535.6M819.6M858.2M924.5M970.8M
Accumulated Other Comprehensive Income(2.6M)(2.7M)(6.4M)(32.2M)(42.0M)(39.9M)
Short Term Debt20.6M16.3M36.2M40.5M204.8M215.0M
Intangible Assets27.1M86.7M102.0M176.1M235.5M247.3M
Common Stock44.4M47.9M50.1M50.7M51.7M47.7M
Property Plant Equipment146.3M191.0M278.2M309.0M355.4M373.2M
Net Tangible Assets223.1M400.5M630.4M587.7M675.8M709.6M
Long Term Investments5.9M18.9M26.3M37.8M37.8M39.6M

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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 Globant SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globant SA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Globant Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globant Sa Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Application Software 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 Globant SA. If investors know Globant 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 Globant SA 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
0.024
Earnings Share
3.83
Revenue Per Share
53.121
Quarterly Revenue Growth
0.181
Return On Assets
0.0609
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA'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 Globant SA's market value can be influenced by many factors that don't directly affect Globant SA'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 Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA'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.