| 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 Long Term Debt and its Property Plant And Equipment Gross 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.
Long Term Debt vs Property Plant And Equipment Gross
Long Term Debt vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Glen Burnie Bancorp Long Term Debt account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Glen Burnie's Long Term Debt and Property Plant And Equipment Gross is -0.21. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Gross 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 Long Term Debt and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Glen Burnie Bancorp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Long Term Debt i.e., Glen Burnie's Long Term Debt and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.21 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Glen Burnie Bancorp has held for over one year. Long-term debt appears on Glen Burnie Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Glen Burnie Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Property Plant And Equipment Gross
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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