Global Net Income vs Other Non Cash Items Analysis

GBLI Stock  USD 35.65  0.50  1.38%   
Global Indemnity financial indicator trend analysis is much more than just examining Global Indemnity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Indemnity PLC is a good investment. Please check the relationship between Global Indemnity Net Income and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity 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.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Indemnity PLC Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Global Indemnity's Net Income and Other Non Cash Items is -0.41. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Global Indemnity PLC, assuming nothing else is changed. The correlation between historical values of Global Indemnity's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Global Indemnity PLC are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Global Indemnity's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Global Indemnity PLC financial statement analysis. It represents the amount of money remaining after all of Global Indemnity PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from Global Indemnity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Indemnity 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 Global Indemnity 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.
As of now, Global Indemnity's Selling General Administrative is increasing as compared to previous years. The Global Indemnity's current Tax Provision is estimated to increase to about 4.3 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue678.3M628.5M528.1M472.1M
Interest Expense10.5M3.0M12K11.4K

Global Indemnity fundamental ratios Correlations

0.760.040.530.77-0.19-0.490.25-0.460.310.490.55-0.01-0.550.46-0.82-0.490.560.26-0.19-0.80.38-0.070.0-0.8-0.27
0.760.310.830.660.0-0.530.71-0.750.470.490.07-0.38-0.410.53-0.81-0.720.07-0.280.2-0.720.19-0.24-0.17-0.8-0.55
0.040.310.58-0.240.50.010.71-0.110.590.0-0.21-0.97-0.52-0.050.17-0.850.04-0.380.7-0.090.51-0.97-0.840.180.31
0.530.830.580.480.31-0.430.7-0.670.650.18-0.22-0.65-0.420.19-0.54-0.81-0.09-0.420.61-0.60.23-0.5-0.44-0.53-0.4
0.770.66-0.240.48-0.12-0.620.0-0.60.130.130.20.15-0.050.19-0.89-0.190.090.2-0.27-0.65-0.130.310.3-0.84-0.59
-0.190.00.50.31-0.12-0.070.23-0.270.22-0.13-0.21-0.59-0.03-0.080.06-0.4-0.24-0.010.330.35-0.19-0.41-0.510.06-0.04
-0.49-0.530.01-0.43-0.62-0.07-0.290.48-0.430.110.00.040.080.00.570.23-0.010.030.030.460.15-0.07-0.020.490.49
0.250.710.710.70.00.23-0.29-0.40.60.34-0.2-0.73-0.430.34-0.2-0.78-0.04-0.60.59-0.270.33-0.65-0.56-0.22-0.15
-0.46-0.75-0.11-0.67-0.6-0.270.48-0.4-0.15-0.37-0.020.270.13-0.530.790.480.20.1-0.080.520.23-0.01-0.020.790.7
0.310.470.590.650.130.22-0.430.6-0.15-0.12-0.25-0.54-0.55-0.16-0.1-0.590.11-0.470.59-0.310.55-0.6-0.48-0.050.02
0.490.490.00.180.13-0.130.110.34-0.37-0.120.540.0-0.370.95-0.48-0.360.410.09-0.2-0.420.18-0.04-0.1-0.56-0.19
0.550.07-0.21-0.220.2-0.210.0-0.2-0.02-0.250.540.31-0.420.46-0.3-0.010.860.81-0.52-0.270.370.090.2-0.30.27
-0.01-0.38-0.97-0.650.15-0.590.04-0.730.27-0.540.00.310.370.0-0.060.860.120.43-0.680.1-0.330.890.77-0.07-0.13
-0.55-0.41-0.52-0.42-0.05-0.030.08-0.430.13-0.55-0.37-0.420.37-0.210.140.63-0.56-0.07-0.290.4-0.830.670.550.12-0.38
0.460.53-0.050.190.19-0.080.00.34-0.53-0.160.950.460.0-0.21-0.58-0.340.270.06-0.28-0.420.010.070.04-0.66-0.37
-0.82-0.810.17-0.54-0.890.060.57-0.20.79-0.1-0.48-0.3-0.060.14-0.580.36-0.12-0.130.290.720.13-0.24-0.220.990.71
-0.49-0.72-0.85-0.81-0.19-0.40.23-0.780.48-0.59-0.36-0.010.860.63-0.340.36-0.150.29-0.480.48-0.460.810.720.350.05
0.560.070.04-0.090.09-0.24-0.01-0.040.20.110.410.860.12-0.560.27-0.12-0.150.59-0.23-0.330.68-0.190.02-0.10.5
0.26-0.28-0.38-0.420.2-0.010.03-0.60.1-0.470.090.810.43-0.070.06-0.130.290.59-0.620.00.030.30.35-0.10.26
-0.190.20.70.61-0.270.330.030.59-0.080.59-0.2-0.52-0.68-0.29-0.280.29-0.48-0.23-0.62-0.020.32-0.67-0.570.30.16
-0.8-0.72-0.09-0.6-0.650.350.46-0.270.52-0.31-0.42-0.270.10.4-0.420.720.48-0.330.0-0.02-0.290.090.010.70.34
0.380.190.510.23-0.13-0.190.150.330.230.550.180.37-0.33-0.830.010.13-0.460.680.030.32-0.29-0.66-0.360.160.65
-0.07-0.24-0.97-0.50.31-0.41-0.07-0.65-0.01-0.6-0.040.090.890.670.07-0.240.81-0.190.3-0.670.09-0.660.86-0.26-0.47
0.0-0.17-0.84-0.440.3-0.51-0.02-0.56-0.02-0.48-0.10.20.770.550.04-0.220.720.020.35-0.570.01-0.360.86-0.21-0.27
-0.8-0.80.18-0.53-0.840.060.49-0.220.79-0.05-0.56-0.3-0.070.12-0.660.990.35-0.1-0.10.30.70.16-0.26-0.210.73
-0.27-0.550.31-0.4-0.59-0.040.49-0.150.70.02-0.190.27-0.13-0.38-0.370.710.050.50.260.160.340.65-0.47-0.270.73
Click cells to compare fundamentals

Global Indemnity Account Relationship Matchups

Global Indemnity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B1.9B2.0B1.8B1.7B1.7B
Total Stockholder Equity726.8M718.3M706.6M626.2M648.8M738.3M
Other Assets(978.8M)(869.4M)(839.2M)(1.0B)(630.2M)(598.7M)
Common Stock Shares Outstanding14.3M14.3M14.7M14.5M13.7M19.4M
Liabilities And Stockholders Equity2.1B1.9B2.0B1.8B1.7B1.7B
Other Stockholder Equity438.4M445.1M446.9M431.8M422.6M459.7M
Total Liab296.6M126.3M145.5M1.2B1.1B1.1B
Other Liab409.6M759.9M808.8M548.2M493.4M618.8M
Retained Earnings270.8M235.0M249.3M233.5M245.0M282.8M
Accounts Payable20.4M8.9M35.3M17.2M2.6M2.5M
Cash44.3M67.4M78.3M38.8M38.0M36.1M
Short Term Investments1.3B1.2B1.2B1.2B660.1M758.0M
Net Debt252.4M58.9M67.2M(23.1M)(25.3M)(24.0M)
Non Current Assets Total1.5B1.3B1.3B1.3B836.5M849.8M
Non Currrent Assets Other(1.5B)(1.3B)(37.3M)(47.1M)732.5M769.1M
Cash And Short Term Investments1.3B1.3B1.3B1.3B1.3B947.6M
Net Receivables213.0M198.1M228.3M254.5M186.5M177.1M
Total Current Assets1.5B1.5B1.5B1.5B1.5B1.6B
Accumulated Other Comprehensive Income17.6M34.3M6.4M(43.1M)(22.9M)(21.7M)
Short Long Term Debt Total306.9M126.4M271.9M15.7M12.7M12.1M
Long Term Debt288.6M296.6M126.3M126.4M145.4M154.8M
Non Current Liabilities Total296.6M126.3M145.5M1.1B1.1B1.1B
Other Current Liab631.0M667.5M760.7M832.5M850.6M893.1M
Total Current Liabilities651.4M676.4M796.0M47.1M854.8M897.6M
Intangible Assets21.5M21.0M20.3M14.8M14.5M15.6M
Other Current Assets341.5M369.2M438.6M443.4M5.0M4.7M
Retained Earnings Total Equity270.8M235.0M249.3M233.5M210.1M225.3M
Inventory(341.5M)(369.2M)(438.6M)(443.4M)(140.2M)(147.2M)
Net Tangible Assets698.8M686.8M677.0M602.6M542.3M579.1M
Long Term Debt Total288.6M296.6M126.3M126.4M145.4M213.5M
Capital Surpluse442.4M445.1M447.4M451.3M406.2M375.8M
Long Term Investments1.6B1.4B1.3B1.3B1.3B1.1B
Non Current Liabilities Other1.1B1.1B1.2B1.2B1.4B1.1B
Short Term Debt10.3M126.3K145.5M849.7M977.2M1.0B

Currently Active Assets on Macroaxis

When determining whether Global Indemnity PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Indemnity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Indemnity Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Indemnity Plc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity 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.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Property & Casualty Insurance 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 Global Indemnity. If investors know Global 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 Global Indemnity 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
0.673
Dividend Share
1.3
Earnings Share
2.91
Revenue Per Share
32.539
Quarterly Revenue Growth
(0.11)
The market value of Global Indemnity PLC is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Global Indemnity'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 Global Indemnity's market value can be influenced by many factors that don't directly affect Global Indemnity'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 Global Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Indemnity'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.