Global Current Ratio from 2010 to 2024

GLSTU Stock  USD 11.32  0.00  0.00%   
Global Star Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.41 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.43270361
Current Value
0.41
Quarterly Volatility
8.87675691
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Star's main balance sheet or income statement drivers, such as Net Interest Income of 4.2 M, Interest Income of 4.2 M or Depreciation And Amortization of 2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.14. Global financial statements analysis is a perfect complement when working with Global Star Valuation or Volatility modules.
  
Check out the analysis of Global Star Correlation against competitors.

Latest Global Star's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Global Star Acquisition over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Global Star's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Star's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.83 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Global Current Ratio Regression Statistics

Arithmetic Mean15.09
Geometric Mean8.34
Coefficient Of Variation58.81
Mean Deviation7.58
Median20.26
Standard Deviation8.88
Sample Variance78.80
Range19.8532
R-Value(0.77)
Mean Square Error34.59
R-Squared0.59
Significance0.0008
Slope(1.53)
Total Sum of Squares1,103

Global Current Ratio History

2024 0.41
2023 0.43
2022 1.84
2021 0.85

About Global Star Financial Statements

Global Star shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Global Star investors may analyze each financial statement separately, they are all interrelated. The changes in Global Star's assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Star's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 0.43  0.41 

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Additional Tools for Global Stock Analysis

When running Global Star's price analysis, check to measure Global Star'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 Global Star is operating at the current time. Most of Global Star's value examination focuses on studying past and present price action to predict the probability of Global Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Star's price. Additionally, you may evaluate how the addition of Global Star to your portfolios can decrease your overall portfolio volatility.