Global Interest Income vs Ebit Analysis

GLOBAL Stock   191.88  6.09  3.28%   
Global Education financial indicator trend analysis is much more than just examining Global Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Education is a good investment. Please check the relationship between Global Education Interest Income and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Education Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Interest Income vs Ebit

Interest Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Education Interest Income account and Ebit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Global Education's Interest Income and Ebit is -0.66. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Global Education Limited, assuming nothing else is changed. The correlation between historical values of Global Education's Interest Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Global Education Limited are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Interest Income i.e., Global Education's Interest Income and Ebit go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Ebit

Most indicators from Global Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Education 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 Education Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 52.7 M. The current year's Tax Provision is expected to grow to about 116.8 M
 2021 2022 2023 2024 (projected)
Gross Profit368.2M523.4M540.9M567.9M
Total Revenue394.0M619.8M743.1M780.3M

Global Education fundamental ratios Correlations

0.940.971.0-0.520.990.410.410.450.570.950.980.930.870.790.960.760.110.610.310.880.120.35-0.75-0.010.53
0.940.910.93-0.610.960.50.50.410.350.880.880.770.780.620.940.590.020.510.250.750.040.17-0.65-0.020.26
0.970.910.95-0.580.940.50.50.370.530.990.940.870.890.860.930.660.160.650.260.850.070.36-0.760.060.42
1.00.930.95-0.470.990.350.350.510.590.940.970.930.860.780.960.770.10.560.330.870.140.32-0.74-0.070.54
-0.52-0.61-0.58-0.47-0.47-0.98-0.980.260.09-0.53-0.51-0.42-0.47-0.47-0.46-0.180.13-0.56-0.27-0.560.05-0.550.6-0.490.01
0.990.960.940.99-0.470.350.350.530.510.920.940.880.840.70.980.720.110.530.320.820.10.24-0.66-0.090.46
0.410.50.50.35-0.980.351.0-0.32-0.140.470.40.330.40.440.350.08-0.040.570.240.47-0.060.53-0.520.51-0.06
0.410.50.50.35-0.980.351.0-0.32-0.140.470.40.330.40.440.350.08-0.040.570.240.47-0.060.53-0.520.51-0.06
0.450.410.370.510.260.53-0.32-0.320.290.390.410.40.380.20.530.420.23-0.240.390.140.33-0.23-0.03-0.780.25
0.570.350.530.590.090.51-0.14-0.140.290.520.680.610.350.680.40.840.070.48-0.210.72-0.050.2-0.680.00.74
0.950.880.990.94-0.530.920.470.470.390.520.920.870.880.830.920.660.310.660.290.820.10.34-0.690.010.44
0.980.880.940.97-0.510.940.40.40.410.680.920.920.80.810.880.850.090.640.240.940.080.43-0.840.050.6
0.930.770.870.93-0.420.880.330.330.40.610.870.920.860.810.870.740.160.620.50.850.360.53-0.70.010.76
0.870.780.890.86-0.470.840.40.40.380.350.880.80.860.80.90.440.150.580.430.710.170.46-0.580.110.37
0.790.620.860.78-0.470.70.440.440.20.680.830.810.810.80.690.630.040.660.160.850.050.53-0.830.20.54
0.960.940.930.96-0.460.980.350.350.530.40.920.880.870.90.690.590.140.490.40.730.180.2-0.57-0.130.4
0.760.590.660.77-0.180.720.080.080.420.840.660.850.740.440.630.590.110.470.080.84-0.010.29-0.71-0.120.75
0.110.020.160.10.130.11-0.04-0.040.230.070.310.090.160.150.040.140.110.280.24-0.040.23-0.030.25-0.240.21
0.610.510.650.56-0.560.530.570.57-0.240.480.660.640.620.580.660.490.470.28-0.010.75-0.160.55-0.620.610.44
0.310.250.260.33-0.270.320.240.240.39-0.210.290.240.50.430.160.40.080.24-0.010.090.790.410.03-0.330.39
0.880.750.850.87-0.560.820.470.470.140.720.820.940.850.710.850.730.84-0.040.750.09-0.120.55-0.910.30.61
0.120.040.070.140.050.1-0.06-0.060.33-0.050.10.080.360.170.050.18-0.010.23-0.160.79-0.120.240.08-0.420.47
0.350.170.360.32-0.550.240.530.53-0.230.20.340.430.530.460.530.20.29-0.030.550.410.550.24-0.580.560.45
-0.75-0.65-0.76-0.740.6-0.66-0.52-0.52-0.03-0.68-0.69-0.84-0.7-0.58-0.83-0.57-0.710.25-0.620.03-0.910.08-0.58-0.38-0.47
-0.01-0.020.06-0.07-0.49-0.090.510.51-0.780.00.010.050.010.110.2-0.13-0.12-0.240.61-0.330.3-0.420.56-0.38-0.1
0.530.260.420.540.010.46-0.06-0.060.250.740.440.60.760.370.540.40.750.210.440.390.610.470.45-0.47-0.1
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Global Education Account Relationship Matchups

Global Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets412.4M437.7M523.1M738.2M975.3M1.0B
Other Current Liab13.8M5.7M10.2M33.0M47.7M50.1M
Total Current Liabilities40.3M32.5M52.7M82.4M80.1M84.1M
Total Stockholder Equity370.4M398.4M467.1M653.2M889.6M934.1M
Net Debt(7.1M)(6.4M)(38.7M)(94.1M)(84.9M)(80.7M)
Retained Earnings257.3M208.4M277.1M463.2M699.6M734.6M
Cash7.1M6.4M38.7M94.1M84.9M47.6M
Cash And Short Term Investments7.1M6.4M38.7M94.1M84.9M47.6M
Liabilities And Stockholders Equity412.4M437.7M523.1M738.2M975.3M851.0M
Other Current Assets316.9M355.3M184.1M145.8M203.3M125.3M
Total Liab42.0M39.2M55.9M84.9M86.9M91.3M
Total Current Assets330.0M368.1M340.9M389.2M564.6M592.8M
Property Plant And Equipment Net26.4M15.9M150.3M128.5M125.7M132.0M
Accounts Payable26.5M26.8M42.5M49.3M32.4M22.9M
Non Current Assets Total82.4M69.6M182.1M349.0M410.7M431.2M
Net Receivables316.1M355.2M109.6M143.1M267.1M280.5M
Non Current Liabilities Total1.7M6.8M3.2M2.5M6.8M4.6M
Inventory6.1M6.4M8.5M6.2M9.2M5.2M
Other Stockholder Equity(282.2M)88.0M88.0M88.0M101.2M106.2M
Short Long Term Debt Total1.4B1.0B2.5B2.2B2.5B2.7B
Non Currrent Assets Other(74.5M)46.0M11.6M11.3M11.8M12.4M
Short Term Debt356.7K104.5M182.1M32.7M37.6M61.7M
Other Assets7.9M1.017.8M1K900.0855.0
Other Liab1.7M6.8M3.2M2.6M3.0M2.6M
Net Tangible Assets370.4M398.4M455.1M641.2M737.3M411.1M
Short Term Investments872.0649.0855.02K3K2.9K
Long Term Debt Total2.5B2.1B1.8B2.7B3.1B2.1B
Property Plant Equipment26.4M15.9M150.3M4.2B4.9B5.1B
Long Term Debt504.2M418.3M371.9M292.8M263.5M316.5M
Net Invested Capital370.4M398.4M467.1M653.2M889.6M564.9M
Net Working Capital289.7M335.6M288.2M306.8M484.5M350.8M

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Other Information on Investing in Global Stock

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