| GLBZ Stock | | | USD 6.00 0.05 0.83% |
Glen Burnie financial indicator trend analysis is much more than just examining Glen Burnie Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glen Burnie Bancorp is a good investment. Please check the relationship between Glen Burnie Cash And Short Term Investments and its Net Receivables accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glen Burnie Bancorp. 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 labor statistics.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Glen Burnie Bancorp Cash And Short Term Investments account and
Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Glen Burnie's Cash And Short Term Investments and Net Receivables is -0.1. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Glen Burnie Bancorp, assuming nothing else is changed. The correlation between historical values of Glen Burnie's Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Glen Burnie Bancorp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Glen Burnie's Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Glen Burnie Bancorp balance sheet. This account contains Glen Burnie investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Glen Burnie Bancorp 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.
Net Receivables
Most indicators from Glen Burnie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glen Burnie Bancorp 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 Glen Burnie Bancorp. 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 labor statistics.
At this time, Glen Burnie's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 64.20 in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.9
M in 2024.
Glen Burnie fundamental ratios Correlations
Click cells to compare fundamentals
Glen Burnie Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Glen Burnie fundamental ratios Accounts
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Additional Tools for Glen Stock Analysis
When running Glen Burnie's price analysis, check to
measure Glen Burnie'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 Glen Burnie is operating at the current time. Most of Glen Burnie's value examination focuses on studying past and present price action to
predict the probability of Glen Burnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glen Burnie's price. Additionally, you may evaluate how the addition of Glen Burnie to your portfolios can decrease your overall portfolio volatility.