Gabelli Accounts Payable vs Other Stockholder Equity Analysis

GLU Stock  USD 16.32  0.02  0.12%   
Gabelli Global financial indicator trend analysis is much more than just examining Gabelli Global Utility latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gabelli Global Utility is a good investment. Please check the relationship between Gabelli Global Accounts Payable and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Global Utility. 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.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gabelli Global Utility Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gabelli Global's Accounts Payable and Other Stockholder Equity is -0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Gabelli Global Utility, assuming nothing else is changed. The correlation between historical values of Gabelli Global's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Gabelli Global Utility are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Gabelli Global's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Gabelli Global obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gabelli Global Utility are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from Gabelli Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gabelli Global Utility 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 Gabelli Global Utility. 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.
At this time, Gabelli Global's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.10 in 2024, whereas Enterprise Value is likely to drop slightly above 62.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income18.3K431.3K1.5M1.6M
Net Interest Income18.1K430.5K1.5M1.6M

Gabelli Global fundamental ratios Correlations

0.950.60.540.39-0.17-0.030.340.540.71-0.51-0.40.40.270.99-1.0-0.140.710.340.86-0.390.490.680.52-0.150.02
0.950.720.730.36-0.290.050.280.380.68-0.65-0.360.360.430.94-0.94-0.270.760.270.85-0.480.610.80.57-0.19-0.05
0.60.720.730.2-0.570.330.130.060.77-0.68-0.210.210.670.62-0.62-0.540.820.120.69-0.530.770.850.43-0.4-0.33
0.540.730.730.09-0.280.090.11-0.070.46-0.72-0.080.080.510.51-0.51-0.290.760.10.57-0.480.720.880.6-0.3-0.1
0.390.360.20.09-0.33-0.210.290.240.32-0.34-1.01.00.250.37-0.38-0.330.120.270.51-0.220.020.310.450.270.22
-0.17-0.29-0.57-0.28-0.33-0.27-0.080.16-0.40.60.33-0.33-0.92-0.20.191.0-0.18-0.07-0.230.16-0.27-0.42-0.29-0.050.24
-0.030.050.330.09-0.21-0.27-0.050.0-0.11-0.250.2-0.20.20.030.02-0.270.37-0.030.24-0.10.630.2-0.58-0.73-1.0
0.340.280.130.110.29-0.08-0.050.010.22-0.34-0.290.290.010.31-0.31-0.070.11.00.35-0.60.050.230.260.120.06
0.540.380.06-0.070.240.160.00.010.240.15-0.250.25-0.030.55-0.560.190.230.020.380.30.160.05-0.05-0.19-0.02
0.710.680.770.460.32-0.4-0.110.220.24-0.43-0.330.330.480.74-0.74-0.340.610.210.7-0.40.470.710.61-0.060.1
-0.51-0.65-0.68-0.72-0.340.6-0.25-0.340.15-0.430.34-0.34-0.6-0.50.480.61-0.61-0.33-0.590.54-0.53-0.79-0.590.00.22
-0.4-0.36-0.21-0.08-1.00.330.2-0.29-0.25-0.330.34-1.0-0.26-0.380.390.33-0.12-0.28-0.510.23-0.03-0.31-0.45-0.26-0.21
0.40.360.210.081.0-0.33-0.20.290.250.33-0.34-1.00.250.38-0.39-0.330.120.270.51-0.230.030.310.450.260.21
0.270.430.670.510.25-0.920.20.01-0.030.48-0.6-0.260.250.29-0.28-0.920.31-0.010.27-0.160.420.540.39-0.05-0.17
0.990.940.620.510.37-0.20.030.310.550.74-0.5-0.380.380.29-1.0-0.170.720.310.88-0.380.530.690.47-0.19-0.04
-1.0-0.94-0.62-0.51-0.380.190.02-0.31-0.56-0.740.480.39-0.39-0.28-1.00.15-0.71-0.31-0.860.37-0.5-0.68-0.510.16-0.01
-0.14-0.27-0.54-0.29-0.331.0-0.27-0.070.19-0.340.610.33-0.33-0.92-0.170.15-0.16-0.05-0.20.15-0.26-0.41-0.29-0.070.23
0.710.760.820.760.12-0.180.370.10.230.61-0.61-0.120.120.310.72-0.71-0.160.110.83-0.480.880.880.33-0.61-0.4
0.340.270.120.10.27-0.07-0.031.00.020.21-0.33-0.280.27-0.010.31-0.31-0.050.110.36-0.60.070.230.230.10.03
0.860.850.690.570.51-0.230.240.350.380.7-0.59-0.510.510.270.88-0.86-0.20.830.36-0.510.730.820.39-0.39-0.26
-0.39-0.48-0.53-0.48-0.220.16-0.1-0.60.3-0.40.540.23-0.23-0.16-0.380.370.15-0.48-0.6-0.51-0.4-0.53-0.330.140.11
0.490.610.770.720.02-0.270.630.050.160.47-0.53-0.030.030.420.53-0.5-0.260.880.070.73-0.40.820.06-0.79-0.65
0.680.80.850.880.31-0.420.20.230.050.71-0.79-0.310.310.540.69-0.68-0.410.880.230.82-0.530.820.61-0.34-0.21
0.520.570.430.60.45-0.29-0.580.26-0.050.61-0.59-0.450.450.390.47-0.51-0.290.330.230.39-0.330.060.610.480.6
-0.15-0.19-0.4-0.30.27-0.05-0.730.12-0.19-0.060.0-0.260.26-0.05-0.190.16-0.07-0.610.1-0.390.14-0.79-0.340.480.77
0.02-0.05-0.33-0.10.220.24-1.00.06-0.020.10.22-0.210.21-0.17-0.04-0.010.23-0.40.03-0.260.11-0.65-0.210.60.77
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Gabelli Global Account Relationship Matchups

Gabelli Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets176.6M169.7M175.4M156.6M127.3M134.2M
Total Stockholder Equity109.7M104.6M112.9M94.8M88.8M93.6M
Net Tangible Assets109.7M104.6M112.9M94.8M109.1M98.6M
Retained Earnings29.2M30.9M43.1M19.1M18.8M12.7M
Accounts Payable2.0M172.0K162.8K130.8K27.4K26.0K
Cash16.1K1.6K6.7K93.1K8.9K8.4K
Other Assets60.4K63.9K83.5K86.7K127.3M133.6M
Net Receivables4.0M369.1K475.7K553.7K697.7K949.6K
Total Liab2.0M172.0K62.5M61.7M38.5M32.2M
Long Term Investments172.5M169.3M174.8M155.8M126.5M145.3M
Other Stockholder Equity(93.8M)(64.6M)(61.9M)75.8M(38.2M)(36.3M)
Other Current Liab(2.0M)(172.0K)(162.8K)(130.8K)(29.2K)(30.7K)
Total Current Liabilities2.0M172.0K162.8K130.8K29.2K27.8K
Net Debt(16.1K)(1.6K)40.8K(66.6K)(8.9K)(9.3K)
Non Current Assets Total172.5M169.3M174.8M155.8M126.6M145.3M
Non Currrent Assets Other(172.5M)(169.3M)(174.8M)(155.8M)(126.5M)(132.8M)
Cash And Short Term Investments16.1K1.6K6.7K93.1K8.9K8.4K
Common Stock Shares Outstanding5.5M5.5M5.5M5.5M6.0M4.8M
Liabilities And Stockholders Equity176.6M169.7M175.4M156.6M127.3M146.4M
Total Current Assets4.0M370.7K475.7K646.8K743.8K1.1M
Common Stock80.5M73.7M69.8M75.8M70.0M75.3M
Other Current Assets(4.0M)(376.5K)(482.3K)(653.8K)(706.6K)(741.9K)
Non Current Liabilities Total2.3M473.8K47.4K130.8K246.4K389.3K
Capital Stock145.1M138.3M131.7M75.8M70.0M94.5M

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