GBG Total Stockholder Equity vs Cash And Short Term Investments Analysis

GBG Stock   345.20  0.80  0.23%   
GB Group financial indicator trend analysis is much more than just examining GB Group plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GB Group plc is a good investment. Please check the relationship between GB Group Total Stockholder Equity and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GB Group plc. 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.

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GB Group plc Total Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GB Group's Total Stockholder Equity and Cash And Short Term Investments is 0.56. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of GB Group plc, assuming nothing else is changed. The correlation between historical values of GB Group's Total Stockholder Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of GB Group plc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., GB Group's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of GB Group plc balance sheet. This account contains GB Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by GB Group plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from GB Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GB Group plc 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 GB Group plc. 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.
The current year's Selling General Administrative is expected to grow to about 93.8 M, whereas Tax Provision is forecasted to decline to about 1.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.8M7.0M9.3M9.8M
Depreciation And Amortization28.1M46.1M42.1M44.2M

GB Group fundamental ratios Correlations

0.951.00.60.920.440.920.581.0-0.130.580.910.96-0.270.990.830.910.950.790.660.820.99-0.080.680.781.0
0.950.940.750.780.60.910.750.93-0.170.750.940.87-0.120.950.790.990.840.910.780.920.920.020.720.790.93
1.00.940.580.910.420.920.561.0-0.10.560.910.95-0.270.980.840.90.930.780.640.820.99-0.080.670.761.0
0.60.750.580.410.780.550.880.58-0.450.880.60.56-0.020.650.310.770.490.770.920.650.490.110.550.80.56
0.920.780.910.410.20.860.40.93-0.170.40.760.98-0.380.940.770.750.990.590.50.670.93-0.20.590.730.93
0.440.60.420.780.20.340.610.42-0.230.610.370.37-0.030.470.050.590.260.750.770.490.320.060.430.490.4
0.920.910.920.550.860.340.570.91-0.260.570.940.89-0.250.920.90.920.90.80.620.890.94-0.10.580.80.92
0.580.750.560.880.40.610.570.55-0.231.00.670.540.250.640.40.790.50.750.760.740.50.250.530.660.54
1.00.931.00.580.930.420.910.55-0.120.550.90.97-0.290.980.820.890.950.770.640.80.99-0.10.670.771.0
-0.13-0.17-0.1-0.45-0.17-0.23-0.26-0.23-0.12-0.23-0.13-0.190.45-0.19-0.11-0.23-0.19-0.22-0.49-0.15-0.10.53-0.06-0.65-0.11
0.580.750.560.880.40.610.571.00.55-0.230.670.540.250.640.40.790.50.750.760.740.50.250.530.660.54
0.910.940.910.60.760.370.940.670.9-0.130.670.82-0.070.890.890.940.820.830.670.950.920.00.550.720.9
0.960.870.950.560.980.370.890.540.97-0.190.540.82-0.320.980.740.840.990.710.640.750.94-0.140.630.790.96
-0.27-0.12-0.27-0.02-0.38-0.03-0.250.25-0.290.450.25-0.07-0.32-0.26-0.21-0.09-0.330.0-0.18-0.02-0.30.66-0.1-0.32-0.29
0.990.950.980.650.940.470.920.640.98-0.190.640.890.98-0.260.780.920.970.80.710.830.96-0.080.680.820.98
0.830.790.840.310.770.050.90.40.82-0.110.40.890.74-0.210.780.790.790.580.360.780.9-0.050.570.630.84
0.910.990.90.770.750.590.920.790.89-0.230.790.940.84-0.090.920.790.820.910.790.940.890.050.710.820.89
0.950.840.930.490.990.260.90.50.95-0.190.50.820.99-0.330.970.790.820.650.580.740.94-0.150.610.780.95
0.790.910.780.770.590.750.80.750.77-0.220.750.830.710.00.80.580.910.650.80.870.73-0.030.50.690.76
0.660.780.640.920.50.770.620.760.64-0.490.760.670.64-0.180.710.360.790.580.80.760.57-0.090.450.790.62
0.820.920.820.650.670.490.890.740.8-0.150.740.950.75-0.020.830.780.940.740.870.760.810.050.490.680.8
0.990.920.990.490.930.320.940.50.99-0.10.50.920.94-0.30.960.90.890.940.730.570.81-0.090.660.740.99
-0.080.02-0.080.11-0.20.06-0.10.25-0.10.530.250.0-0.140.66-0.08-0.050.05-0.15-0.03-0.090.05-0.090.18-0.12-0.1
0.680.720.670.550.590.430.580.530.67-0.060.530.550.63-0.10.680.570.710.610.50.450.490.660.180.60.67
0.780.790.760.80.730.490.80.660.77-0.650.660.720.79-0.320.820.630.820.780.690.790.680.74-0.120.60.76
1.00.931.00.560.930.40.920.541.0-0.110.540.90.96-0.290.980.840.890.950.760.620.80.99-0.10.670.76
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GB Group Account Relationship Matchups

GB Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets526.2M480.2M1.1B955.1M852.9M895.5M
Total Current Liabilities86.5M90M115.8M96.8M98.9M103.8M
Total Stockholder Equity344.9M364.3M787.1M694.1M625.1M656.4M
Property Plant And Equipment Net9.4M6.9M7.3M5.2M3.2M2.6M
Net Debt40.4M(17.2M)109.3M106.6M81.5M85.6M
Retained Earnings74.5M98.4M112.6M(15.2M)27.2M28.5M
Accounts Payable10.4M6.3M10.6M11.4M13.6M14.2M
Cash27.5M21.1M22.3M21.6M21.3M10.8M
Non Current Assets Total430.2M394.6M1.0B864.6M754.5M792.2M
Non Currrent Assets Other(303.3M)2.3M2.3M701K493K517.7K
Cash And Short Term Investments27.5M21.1M22.3M21.6M21.3M10.8M
Common Stock Shares Outstanding196.8M198.5M220.5M252.2M252.6M265.2M
Liabilities And Stockholders Equity526.2M480.2M1.1B955.1M852.9M895.5M
Non Current Liabilities Total94.8M26.0M199.2M164.2M128.9M135.3M
Other Current Assets7.9M8.2M10.5M10.8M9.4M8.6M
Total Liab181.3M116.0M315.0M261.0M227.8M239.2M
Property Plant And Equipment Gross9.4M6.9M7.3M18.6M21.4M22.5M
Total Current Assets96.0M85.7M101.0M90.6M98.4M103.3M
Short Long Term Debt Total67.9M3.9M131.6M128.2M102.8M108.0M
Other Current Liab31.1M34.2M40.1M23.1M30.1M31.6M
Short Term Debt2.0M1.7M1.8M1.2M836K1.2M
Common Stock Total Equity3.8M4.8M4.9M4.9M5.6M5.9M
Other Stockholder Equity261.6M234.4M566.8M566.5M567.5M595.8M
Common Stock4.9M4.9M6.3M6.3M6.3M7.8M
Inventory128K123K1.2M2.6M1.3M1.4M
Accumulated Other Comprehensive Income4.0M(16.6M)1.4M36.5M24.2M25.4M
Intangible Assets414.5M91.3M255.9M224.8M181.1M190.1M
Good Will303.3M286.4M713.6M626.4M561.6M589.7M
Net Receivables60.5M56.2M67.0M55.6M66.3M43.9M
Other Liab29.0M23.7M69.4M37.3M42.9M23.4M
Net Tangible Assets(69.6M)(13.4M)(182.4M)(157.1M)(141.4M)(134.3M)
Other Assets6.3M7.7M21.9M5.1M5.9M7.2M
Property Plant Equipment9.4M6.9M7.3M5.2M6.0M5.3M
Current Deferred Revenue37.6M78.3M97.5M82.9M53.0M48.1M
Long Term Debt62.1M0.0128.2M126.4M145.4M152.6M
Net Invested Capital407.1M364.3M915.4M820.6M943.6M565.1M
Net Working Capital9.5M(4.3M)(14.8M)(6.2M)(5.6M)(5.3M)

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Other Information on Investing in GBG Stock

Balance Sheet is a snapshot of the financial position of GB Group plc at a specified time, usually calculated after every quarter, six months, or one year. GB Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GB Group 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 GBG currently owns. An asset can also be divided into two categories, current and non-current.