Global Net Receivables vs Other Assets Analysis

GLOBAL Stock   51.37  0.75  1.48%   
Global Education financial indicator trend analysis is much more than just examining Global Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Education is a good investment. Please check the relationship between Global Education Net Receivables and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Education Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Receivables vs Other Assets

Net Receivables vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Education Net Receivables account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Global Education's Net Receivables and Other Assets is -0.17. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Assets in the same time period over historical financial statements of Global Education Limited, assuming nothing else is changed. The correlation between historical values of Global Education's Net Receivables and Other Assets 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 Receivables of Global Education Limited are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Receivables i.e., Global Education's Net Receivables and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Other Assets

Most indicators from Global Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Education 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 Education Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 60.6 M. The current year's Tax Provision is expected to grow to about 134.3 M
 2022 2023 2024 2025 (projected)
Gross Profit523.4M540.9M622.0M653.1M
Total Revenue619.8M743.1M854.6M897.3M

Global Education fundamental ratios Correlations

0.960.971.0-0.510.990.580.58-0.10.580.960.980.920.90.770.970.80.20.760.370.850.170.28-0.72-0.080.51
0.960.930.95-0.570.970.660.66-0.060.390.920.910.780.830.620.960.670.170.70.330.720.110.11-0.61-0.110.28
0.970.930.96-0.570.950.640.64-0.120.550.990.950.890.920.840.950.730.240.780.330.850.120.3-0.75-0.020.43
1.00.950.96-0.470.990.540.54-0.080.590.950.980.920.890.760.970.820.190.730.390.840.190.26-0.71-0.130.52
-0.51-0.57-0.57-0.47-0.47-0.98-0.980.340.05-0.53-0.51-0.43-0.49-0.49-0.46-0.230.09-0.59-0.29-0.560.03-0.530.61-0.460.0
0.990.970.950.99-0.470.550.55-0.030.520.940.960.870.880.690.980.780.20.710.380.790.160.18-0.64-0.150.44
0.580.660.640.54-0.980.551.0-0.31-0.050.620.570.480.550.480.550.270.040.650.340.570.010.5-0.580.390.01
0.580.660.640.54-0.980.551.0-0.31-0.050.620.570.480.550.480.550.270.040.650.340.570.010.5-0.580.390.01
-0.1-0.06-0.12-0.080.34-0.03-0.31-0.31-0.38-0.09-0.24-0.060.16-0.190.11-0.370.23-0.320.46-0.440.32-0.340.61-0.48-0.16
0.580.390.550.590.050.52-0.05-0.05-0.380.540.670.640.40.70.440.830.120.5-0.150.74-0.020.19-0.69-0.030.74
0.960.920.990.95-0.530.940.620.62-0.090.540.940.880.910.810.940.730.360.790.350.810.160.27-0.68-0.060.44
0.980.910.950.98-0.510.960.570.57-0.240.670.940.920.850.790.910.870.170.780.310.910.140.36-0.8-0.030.57
0.920.780.890.92-0.430.870.480.48-0.060.640.880.920.880.830.870.780.220.750.530.850.380.5-0.71-0.030.75
0.90.830.920.89-0.490.880.550.550.160.40.910.850.880.80.920.550.220.720.470.730.210.4-0.590.030.39
0.770.620.840.76-0.490.690.480.48-0.190.70.810.790.830.80.690.660.10.670.210.860.080.5-0.840.150.55
0.970.960.950.97-0.460.980.550.550.110.440.940.910.870.920.690.680.220.680.440.730.220.15-0.57-0.180.4
0.80.670.730.82-0.230.780.270.27-0.370.830.730.870.780.550.660.680.180.610.160.860.050.25-0.72-0.170.73
0.20.170.240.190.090.20.040.040.230.120.360.170.220.220.10.220.180.330.270.020.25-0.060.2-0.260.23
0.760.70.780.73-0.590.710.650.65-0.320.50.790.780.750.720.670.680.610.330.130.82-0.060.49-0.660.450.46
0.370.330.330.39-0.290.380.340.340.46-0.150.350.310.530.470.210.440.160.270.130.130.790.390.0-0.350.4
0.850.720.850.84-0.560.790.570.57-0.440.740.810.910.850.730.860.730.860.020.820.13-0.080.53-0.910.260.61
0.170.110.120.190.030.160.010.010.32-0.020.160.140.380.210.080.220.050.25-0.060.79-0.080.240.06-0.430.48
0.280.110.30.26-0.530.180.50.5-0.340.190.270.360.50.40.50.150.25-0.060.490.390.530.24-0.570.560.45
-0.72-0.61-0.75-0.710.61-0.64-0.58-0.580.61-0.69-0.68-0.8-0.71-0.59-0.84-0.57-0.720.2-0.660.0-0.910.06-0.57-0.34-0.48
-0.08-0.11-0.02-0.13-0.46-0.150.390.39-0.48-0.03-0.06-0.03-0.030.030.15-0.18-0.17-0.260.45-0.350.26-0.430.56-0.34-0.11
0.510.280.430.520.00.440.010.01-0.160.740.440.570.750.390.550.40.730.230.460.40.610.480.45-0.48-0.11
Click cells to compare fundamentals

Global Education Account Relationship Matchups

Global Education fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets437.7M523.1M738.2M975.3M1.1B1.2B
Other Current Liab5.7M10.2M33.0M47.7M54.9M57.6M
Total Current Liabilities32.5M52.7M82.4M80.1M92.1M96.7M
Total Stockholder Equity398.4M467.1M653.2M889.6M1.0B1.1B
Net Debt(6.4M)(38.7M)(94.1M)(84.9M)(76.4M)(72.6M)
Retained Earnings208.4M277.1M463.2M699.6M804.6M844.8M
Cash6.4M38.7M94.1M84.9M97.7M102.6M
Cash And Short Term Investments6.4M38.7M94.1M84.9M97.7M102.6M
Liabilities And Stockholders Equity437.7M523.1M738.2M975.3M1.1B851.0M
Other Current Assets355.3M184.1M145.8M203.3M233.8M125.6M
Total Liab39.2M55.9M84.9M86.9M99.9M104.9M
Total Current Assets368.1M340.9M389.2M564.6M649.3M681.7M
Property Plant And Equipment Net15.9M150.3M128.5M125.7M144.5M151.8M
Accounts Payable26.8M42.5M49.3M32.4M37.3M22.9M
Non Current Assets Total69.6M182.1M349.0M410.7M472.3M495.9M
Net Receivables355.2M109.6M143.1M267.1M307.2M322.5M
Non Current Liabilities Total6.8M3.2M2.5M6.8M7.8M4.6M
Inventory6.4M8.5M6.2M9.2M10.6M11.1M
Other Stockholder Equity(282.2M)88.0M88.0M88.0M101.2M106.2M
Non Currrent Assets Other46.0M11.6M11.3M11.8M13.6M14.3M
Short Term Debt356.7K104.5M182.1M32.7M37.6M61.0M
Other Assets7.9M1.017.8M1K900.0855.0
Other Liab1.7M6.8M3.2M2.6M3.0M2.6M
Net Tangible Assets370.4M398.4M455.1M641.2M737.3M411.1M
Short Term Investments649.0855.02K3K2.7K2.6K
Long Term Debt Total2.5B2.1B1.8B2.7B3.1B2.1B
Property Plant Equipment26.4M15.9M150.3M4.2B4.9B5.1B
Long Term Debt504.2M418.3M371.9M292.8M263.5M316.5M
Net Invested Capital398.4M467.1M653.2M889.6M1.0B564.9M
Net Working Capital335.6M288.2M306.8M484.5M557.1M350.8M
Property Plant And Equipment Gross107.6M272.8M128.5M332.2M382.1M208.9M

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Other Information on Investing in Global Stock

Balance Sheet is a snapshot of the financial position of Global Education at a specified time, usually calculated after every quarter, six months, or one year. Global Education Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Global Education and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Global currently owns. An asset can also be divided into two categories, current and non-current.