Global Other Stockholder Equity vs Total Current Liabilities Analysis
GSL Stock | USD 21.53 0.05 0.23% |
Global Ship financial indicator trend analysis is much more than just examining Global Ship Lease latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Ship Lease is a good investment. Please check the relationship between Global Ship Other Stockholder Equity and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Other Stockholder Equity vs Total Current Liabilities
Other Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Ship Lease Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Global Ship's Other Stockholder Equity and Total Current Liabilities is 0.37. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Global Ship Lease, assuming nothing else is changed. The correlation between historical values of Global Ship's Other Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Global Ship Lease are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., Global Ship's Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Total Current Liabilities
Total Current Liabilities is an item on Global Ship balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Global Ship Lease are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Global Ship's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Ship Lease 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 Ship Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Sales General And Administrative To Revenue is expected to rise to 0.05 this year, although the value of Selling General Administrative will most likely fall to about 10.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 69.2M | 75.3M | 44.8M | 44.8M | Depreciation And Amortization | 61.6M | 81.3M | 91.7M | 46.7M |
Global Ship fundamental ratios Correlations
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Global Ship Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Ship fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.3B | 2.0B | 2.1B | 2.2B | 1.2B | |
Short Long Term Debt Total | 896.9M | 769.5M | 1.1B | 934.4M | 812.4M | 648.3M | |
Other Current Liab | 23.0M | 20.5M | 1.4M | 5.8M | 32.0M | 33.6M | |
Total Current Liabilities | 129.6M | 112.2M | 244.8M | 261.8M | 280.4M | 294.5M | |
Total Stockholder Equity | 406.4M | 464.7M | 712.6M | 966.5M | 1.2B | 1.2B | |
Property Plant And Equipment Net | 1.2B | 1.1B | 1.7B | 1.6B | 1.7B | 1.1B | |
Net Debt | 758.9M | 688.7M | 995.3M | 814.3M | 617.0M | 583.8M | |
Retained Earnings | (159.4M) | (121.8M) | 13.5M | 246.4M | 488.1M | 512.5M | |
Accounts Payable | 9.1M | 9.4M | 7.9M | 19.1M | 14.9M | 15.6M | |
Cash | 138.0M | 80.8M | 75.2M | 120.1M | 195.4M | 205.2M | |
Non Current Assets Total | 1.2B | 1.2B | 1.9B | 1.9B | 1.9B | 1.1B | |
Non Currrent Assets Other | 22.1M | 23.0M | 51.6M | 226.8M | 97.7M | 102.5M | |
Other Assets | 32.9M | 35.0M | 167.9M | 245.9M | 221.3M | 232.3M | |
Cash And Short Term Investments | 138.0M | 80.8M | 75.2M | 128.7M | 209.4M | 219.9M | |
Net Receivables | 6.2M | 4.8M | 12.4M | 19.4M | 5.4M | 6.3M | |
Common Stock Shares Outstanding | 12.2M | 18.0M | 35.5M | 37.2M | 35.9M | 37.7M | |
Liabilities And Stockholders Equity | 1.4B | 1.3B | 2.0B | 2.1B | 2.2B | 1.2B | |
Non Current Liabilities Total | 815.8M | 697.2M | 1.0B | 878.0M | 707.0M | 620.2M | |
Inventory | 5.6M | 6.3M | 11.4M | 12.2M | 27.4M | 28.8M | |
Other Current Assets | 8.1M | 5.9M | 25.8M | 63.4M | 65.1M | 68.4M | |
Other Stockholder Equity | 565.6M | 586.4M | 698.5M | 688.3M | 676.6M | 576.5M | |
Total Liab | 945.4M | 809.5M | 1.3B | 1.1B | 987.4M | 751.6M | |
Property Plant And Equipment Gross | 1.2B | 1.1B | 1.7B | 1.6B | 2.0B | 1.1B | |
Total Current Assets | 161.9M | 98.6M | 143.4M | 237.0M | 295.7M | 310.5M | |
Short Term Debt | 87.5M | 76.7M | 227.0M | 224.2M | 193.3M | 102.5M | |
Common Stock | 175K | 177K | 365K | 359K | 351K | 470.6K | |
Other Liab | 6.5M | 4.5M | 156.7M | 133.4M | 153.4M | 161.1M | |
Current Deferred Revenue | 10.0M | 5.6M | 8.5M | 12.6M | 40.3M | 42.3M | |
Long Term Debt | 809.4M | 692.8M | 880.1M | 744.6M | 619.2M | 608.0M | |
Common Stock Total Equity | 69K | 99K | 175K | 177K | 159.3K | 318.0K | |
Intangible Assets | 5.4M | 1.5M | 0.0 | 14.2M | 12.8M | 13.4M | |
Property Plant Equipment | 1.2B | 1.1B | 1.7B | 1.6B | 1.9B | 1.1B | |
Net Tangible Assets | 404.9M | 464.7M | 712.6M | 966.5M | 1.1B | 1.2B | |
Deferred Long Term Liab | 16.4M | 23.0M | 37.6M | 54.7M | 62.9M | 66.0M | |
Short Long Term Debt | 87.5M | 76.7M | 190.3M | 189.8M | 193.3M | 126.7M | |
Long Term Debt Total | 809.4M | 692.8M | 880.1M | 744.6M | 856.2M | 676.1M | |
Capital Surpluse | 565.6M | 586.4M | 698.5M | 688.3M | 791.5M | 561.9M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Ship. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Ship listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 1.575 | Earnings Share 8.92 | Revenue Per Share 19.793 | Quarterly Revenue Growth (0) |
The market value of Global Ship Lease is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Ship's value that differs from its market value or its book value, called intrinsic value, which is Global Ship's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Ship's market value can be influenced by many factors that don't directly affect Global Ship's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Ship's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Ship is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Ship's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.