Globus Long Term Investments from 2010 to 2024
GMED Stock | USD 85.10 1.20 1.43% |
Long Term Investments | First Reported 2013-03-31 | Previous Quarter 27.8 M | Current Value 12.3 M | Quarterly Volatility 178.6 M |
Check Globus Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 152 M, Interest Expense of 21.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 4.16, Dividend Yield of 0.0 or PTB Ratio of 1.43. Globus financial statements analysis is a perfect complement when working with Globus Medical Valuation or Volatility modules.
Globus | Long Term Investments |
Latest Globus Medical's Long Term Investments Growth Pattern
Below is the plot of the Long Term Investments of Globus Medical over the last few years. Long Term Investments is an item on the asset side of Globus Medical balance sheet that represents investments Globus Medical intends to hold for over a year. Globus Medical long term investments may include different instruments such as stocks, bonds, real estate and cash. It is Globus Medical's Long Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Medical's overall financial position and show how it may be relating to other accounts over time.
Long Term Investments | 10 Years Trend |
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Long Term Investments |
Timeline |
Globus Long Term Investments Regression Statistics
Arithmetic Mean | 174,890,840 | |
Geometric Mean | 101,724,759 | |
Coefficient Of Variation | 108.05 | |
Mean Deviation | 162,003,440 | |
Median | 71,656,600 | |
Standard Deviation | 188,970,153 | |
Sample Variance | 35709.7T | |
Range | 525.9M | |
R-Value | 0.56 | |
Mean Square Error | 26295.1T | |
R-Squared | 0.32 | |
Significance | 0.03 | |
Slope | 23,762,179 | |
Total Sum of Squares | 499936.1T |
Globus Long Term Investments History
About Globus Medical Financial Statements
Globus Medical stakeholders use historical fundamental indicators, such as Globus Medical's Long Term Investments, to determine how well the company is positioned to perform in the future. Although Globus Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globus Medical's assets and liabilities are reflected in the revenues and expenses on Globus Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Globus Medical. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Long Term Investments | 75.4 M | 71.7 M |
Also Currently Popular
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 Globus Medical is a strong investment it is important to analyze Globus Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globus Medical's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:Check out the analysis of Globus Medical Correlation against competitors. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Globus Medical. If investors know Globus 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 Globus Medical 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 42.231 | Earnings Share 0.62 | Revenue Per Share 18.217 | Quarterly Revenue Growth 0.631 | Return On Assets 0.0473 |
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical'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 Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical'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 Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical'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.