Glimpse Historical Financial Ratios
| VRAR Stock | USD 0.70 0.04 5.41% |
Glimpse is recently reporting on over 98 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 Price To Sales Ratio of 1.8, Dividend Yield of 0.0, PTB Ratio of 1.52 or Days Sales Outstanding of 53.32 will help investors to properly organize and evaluate Glimpse Group financial condition quickly.
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About Glimpse Financial Ratios Analysis
Glimpse GroupFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Glimpse 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 Glimpse financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Glimpse history.
Glimpse Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Glimpse Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Glimpse sales, a figure that is much harder to manipulate than other Glimpse Group 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.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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Research And Ddevelopement To Revenue
The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.Most ratios from Glimpse's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Glimpse Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Glimpse 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 nation. At this time, Glimpse's Current Ratio is relatively stable compared to the past year.
| 2021 | 2023 | 2024 (projected) | Payables Turnover | 3.65 | 16.19 | 17.0 | Days Of Inventory On Hand | 11.61 | 15.6 | 14.82 |
Glimpse fundamentals Correlations
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Glimpse Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Glimpse fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 93.43 | 53.12 | 6.42 | 3.68 | 1.89 | 1.8 | |
| Ptb Ratio | (594.56) | (155.11) | 1.62 | 4.42 | 1.45 | 1.52 | |
| Days Sales Outstanding | 40.28 | 66.81 | 66.94 | 39.36 | 29.98 | 53.32 | |
| Book Value Per Share | (0.0297) | (0.11) | 2.46 | 0.81 | 0.69 | 0.53 | |
| Free Cash Flow Yield | (0.0113) | (0.006809) | (0.11) | (0.19) | (0.31) | (0.3) | |
| Operating Cash Flow Per Share | (0.2) | (0.12) | (0.42) | (0.66) | (0.31) | (0.33) | |
| Stock Based Compensation To Revenue | 1.31 | 0.86 | 0.4 | 0.37 | 0.25 | 0.23 | |
| Capex To Depreciation | 1.62 | 1.04 | 0.37 | 0.0667 | 0.0232 | 0.022 | |
| Pb Ratio | (594.56) | (155.11) | 1.62 | 4.42 | 1.45 | 1.52 | |
| Ev To Sales | 93.79 | 53.2 | 4.19 | 3.32 | 1.75 | 1.66 | |
| Free Cash Flow Per Share | (0.2) | (0.12) | (0.44) | (0.67) | (0.31) | (0.33) | |
| Roic | (3.51) | (5.51) | (0.18) | (3.86) | (0.57) | (0.6) | |
| Inventory Turnover | 4.78 | 2.92 | 31.43 | 26.91 | 24.22 | 25.43 | |
| Net Income Per Share | (0.49) | (0.61) | (0.32) | (2.05) | (0.38) | (0.4) | |
| Days Of Inventory On Hand | 76.31 | 124.81 | 11.61 | 13.57 | 15.6 | 14.82 | |
| Sales General And Administrative To Revenue | 0.94 | 0.65 | 0.68 | 0.37 | 0.49 | 0.46 | |
| Research And Ddevelopement To Revenue | 1.25 | 0.93 | 0.85 | 0.65 | 0.62 | 0.59 | |
| Capex To Revenue | 0.0168 | 0.008184 | 0.0278 | 0.0109 | 0.003583 | 0.003404 | |
| Pocfratio | (89.79) | (150.25) | (9.45) | (5.41) | (3.2) | (3.36) | |
| Capex To Operating Cash Flow | (0.0161) | (0.0232) | (0.0409) | (0.016) | (0.006055) | (0.006358) | |
| Pfcf Ratio | (88.36) | (146.85) | (9.08) | (5.33) | (3.18) | (3.34) | |
| Income Quality | 0.41 | 0.2 | 0.83 | 0.32 | 0.81 | 0.86 | |
| Roe | 16.6 | 5.36 | (0.13) | (2.54) | (0.55) | (0.53) | |
| Ev To Operating Cash Flow | (90.13) | (150.49) | (6.16) | (4.89) | (2.95) | (3.1) | |
| Pe Ratio | (35.81) | (28.93) | (12.53) | (1.74) | (2.61) | (2.74) | |
| Return On Tangible Assets | (2.54) | (1.95) | (0.18) | (3.26) | (1.52) | (1.59) | |
| Ev To Free Cash Flow | (88.7) | (147.08) | (5.92) | (4.81) | (2.93) | (3.08) | |
| Earnings Yield | (0.0279) | (0.0346) | (0.0798) | (0.58) | (0.38) | (0.4) | |
| Current Ratio | 3.43 | 1.36 | 4.33 | 0.96 | 1.45 | 2.78 | |
| Tangible Book Value Per Share | (0.0297) | (0.11) | 0.96 | (0.31) | 0.0116 | 0.011 | |
| Receivables Turnover | 9.06 | 5.46 | 5.45 | 9.27 | 12.18 | 6.55 | |
| Graham Number | 0.57 | 1.25 | 4.19 | 6.1 | 2.44 | 2.12 | |
| Shareholders Equity Per Share | (0.0297) | (0.11) | 2.46 | 0.81 | 0.69 | 0.53 |
Pair Trading with Glimpse
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 Glimpse 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 Glimpse will appreciate offsetting losses from the drop in the long position's value.Moving against Glimpse Stock
| 0.74 | CETXP | Cemtrex Pref | PairCorr |
| 0.71 | FFIV | F5 Networks | PairCorr |
| 0.68 | S | SentinelOne | PairCorr |
| 0.68 | FOUR | Shift4 Payments | PairCorr |
| 0.66 | DBX | Dropbox | PairCorr |
The ability to find closely correlated positions to Glimpse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glimpse 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 Glimpse - 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 Glimpse Group to buy it.
The correlation of Glimpse 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 Glimpse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glimpse Group 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 Glimpse 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 Glimpse Stock Analysis
When running Glimpse's price analysis, check to measure Glimpse'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 Glimpse is operating at the current time. Most of Glimpse's value examination focuses on studying past and present price action to predict the probability of Glimpse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glimpse's price. Additionally, you may evaluate how the addition of Glimpse to your portfolios can decrease your overall portfolio volatility.