Global Historical Financial Ratios
GLP Stock | USD 53.65 0.27 0.50% |
Global Partners is recently reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.89 or Days Sales Outstanding of 19.31 will help investors to properly organize and evaluate Global Partners LP financial condition quickly.
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About Global Financial Ratios Analysis
Global Partners LPFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Global Partners investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Global financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Global Partners history.
Global Partners Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Global Partners LP stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Global Partners sales, a figure that is much harder to manipulate than other Global Partners LP multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Global Partners LP dividend as a percentage of Global Partners stock price. Global Partners LP dividend yield is a measure of Global Partners stock productivity, which can be interpreted as interest rate earned on an Global Partners investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most ratios from Global Partners' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Global Partners LP current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Partners LP. 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. At this time, Global Partners' Free Cash Flow Per Share is relatively stable compared to the past year. As of 12/12/2024, Inventory Turnover is likely to grow to 42.23, while Book Value Per Share is likely to drop 12.85.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0851 | 0.1 | 0.08 | Price To Sales Ratio | 0.0625 | 0.0871 | 0.0459 |
Global Partners fundamentals Correlations
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Global Partners Account Relationship Matchups
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Global Partners fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.0521 | 0.0677 | 0.0602 | 0.0625 | 0.0871 | 0.0459 | |
Ptb Ratio | (134.28) | 352.21 | (419.19) | 1.5 | 1.8 | 1.89 | |
Days Sales Outstanding | 11.75 | 10.08 | 11.36 | 9.3 | 12.39 | 19.31 | |
Book Value Per Share | 13.58 | 14.61 | 15.55 | 23.23 | 23.57 | 12.85 | |
Free Cash Flow Yield | 0.0169 | 0.42 | (0.0646) | 0.32 | 0.0768 | 0.0807 | |
Operating Cash Flow Per Share | 2.79 | 9.22 | 1.48 | 14.14 | 15.09 | 15.84 | |
Stock Based Compensation To Revenue | 1.5E-4 | 1.29E-4 | 5.3E-5 | 1.43E-4 | 6.43E-4 | 6.75E-4 | |
Capex To Depreciation | 0.65 | 0.77 | 0.76 | 1.02 | 3.65 | 3.83 | |
Pb Ratio | (134.28) | 352.21 | (419.19) | 1.5 | 1.8 | 1.89 | |
Free Cash Flow Per Share | 0.34 | 6.97 | (1.52) | 11.0 | 3.25 | 3.41 | |
Roic | 0.17 | 0.11 | 0.18 | 0.12 | 0.25 | 0.08 | |
Inventory Turnover | 27.57 | 19.77 | 24.59 | 31.37 | 40.22 | 42.23 | |
Net Income Per Share | 1.06 | 3.01 | 1.79 | 10.67 | 4.49 | 4.71 | |
Days Of Inventory On Hand | 13.24 | 18.46 | 14.84 | 11.63 | 9.08 | 8.62 | |
Payables Turnover | 33.26 | 36.56 | 35.46 | 33.49 | 24.63 | 21.58 | |
Capex To Revenue | 0.006334 | 0.009173 | 0.007678 | 0.005657 | 0.0244 | 0.0256 | |
Cash Per Share | 0.36 | 0.29 | 0.32 | 0.12 | 0.58 | 0.42 | |
Pocfratio | 7.22 | 1.8 | 15.88 | 2.46 | 2.8 | 2.94 | |
Interest Coverage | 1.55 | 2.3 | 1.78 | 5.66 | 2.85 | 3.07 | |
Payout Ratio | 2.14 | 0.7 | 1.51 | 0.28 | 0.95 | 0.84 | |
Capex To Operating Cash Flow | 0.88 | 0.24 | 2.03 | 0.22 | 0.78 | 0.82 | |
Pfcf Ratio | 59.08 | 2.39 | (15.48) | 3.16 | 13.02 | 13.67 | |
Days Payables Outstanding | 10.97 | 9.98 | 10.29 | 10.9 | 14.82 | 18.76 | |
Income Quality | 1.65 | 2.68 | 3.07 | 0.83 | 3.59 | 3.77 | |
Roe | (7.07) | 63.88 | (31.96) | 0.46 | 0.19 | 0.22 | |
Ev To Operating Cash Flow | 24.71 | 6.55 | 46.97 | 5.43 | 5.77 | 6.06 | |
Pe Ratio | 19.0 | 5.51 | 13.11 | 3.26 | 9.42 | 11.87 | |
Return On Tangible Assets | 0.0147 | 0.0469 | 0.0245 | 0.13 | 0.0509 | 0.0391 | |
Ev To Free Cash Flow | 202.14 | 8.66 | (45.8) | 6.99 | 26.77 | 28.11 | |
Earnings Yield | 0.0526 | 0.18 | 0.0763 | 0.31 | 0.11 | 0.0758 | |
Net Debt To E B I T D A | 7.04 | 5.2 | 6.39 | 2.53 | 4.26 | 4.88 | |
Current Ratio | 1.33 | 1.57 | 1.27 | 1.2 | 1.12 | 1.06 | |
Tangible Book Value Per Share | 2.6 | 4.01 | 5.12 | 9.84 | 10.32 | 10.18 | |
Receivables Turnover | 31.07 | 36.22 | 32.13 | 39.23 | 29.46 | 20.9 | |
Graham Number | 1.89 | 1.79 | 1.5 | 74.7 | 48.74 | 27.86 | |
Shareholders Equity Per Share | (0.15) | 0.0472 | (0.056) | 23.23 | 23.52 | 13.38 |
Pair Trading with Global Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Partners will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Stock
0.7 | AM | Antero Midstream Partners | PairCorr |
0.96 | EE | Excelerate Energy | PairCorr |
0.95 | ET | Energy Transfer LP Aggressive Push | PairCorr |
0.94 | DLNG | Dynagas LNG Partners | PairCorr |
Moving against Global Stock
0.89 | PXS | Pyxis Tankers | PairCorr |
0.86 | LPG | Dorian LPG | PairCorr |
0.86 | NAT | Nordic American Tankers | PairCorr |
0.78 | FRO | Frontline | PairCorr |
0.77 | PXSAW | Pyxis Tankers | PairCorr |
The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Partners LP to buy it.
The correlation of Global Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Global Stock Analysis
When running Global Partners' price analysis, check to measure Global Partners' 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 Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.