Gabelli Non Currrent Assets Other vs Common Stock 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 Non Currrent Assets Other and its Common Stock 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.

Non Currrent Assets Other vs Common Stock

Non Currrent Assets Other vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gabelli Global Utility Non Currrent Assets Other account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Gabelli Global's Non Currrent Assets Other and Common Stock is -0.86. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock 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 Non Currrent Assets Other and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Gabelli Global Utility are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Currrent Assets Other i.e., Gabelli Global's Non Currrent Assets Other and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock

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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