| 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 Total Assets and its Non Current Assets Total 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.
Total Assets vs Non Current Assets Total
Total Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gabelli Global Utility Total Assets account and
Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Gabelli Global's Total Assets and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Assets Total 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 Total Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Gabelli Global Utility are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Assets i.e., Gabelli Global's Total Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Gabelli Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gabelli Global Utility books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
Gabelli Global fundamental ratios Correlations
Click cells to compare fundamentals
Gabelli Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gabelli Global fundamental ratios Accounts
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Additional Tools for Gabelli Stock Analysis
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