Global Good Will vs Net Receivables Analysis
GB Stock | USD 6.87 0.22 3.31% |
Global Blue financial indicator trend analysis is much more than just examining Global Blue Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Blue Group is a good investment. Please check the relationship between Global Blue Good Will and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Blue Group. 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 labor statistics.
Good Will vs Net Receivables
Good Will vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Blue Group Good Will account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Global Blue's Good Will and Net Receivables is -0.5. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Global Blue Group, assuming nothing else is changed. The correlation between historical values of Global Blue's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Global Blue Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Global Blue's Good Will and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Net Receivables
Most indicators from Global Blue's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Blue Group 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 Blue Group. 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 labor statistics. At present, Global Blue's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 69.2 M, whereas Selling General Administrative is forecasted to decline to about 154.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 87.9M | 51.0M | 43.8M | 68.7M | Interest Income | 247K | 1.6M | 4.9M | 5.2M |
Global Blue fundamental ratios Correlations
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Global Blue Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Blue fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 4.2M | 58.5M | 92.6M | 31.2M | 78.8M | 49.7M | |
Total Current Liabilities | 348.7M | 251.2M | 269.9M | 392.6M | 401.4M | 278.6M | |
Other Liab | 46.8M | 39.7M | 35.5M | 31.5M | 28.3M | 44.1M | |
Net Tangible Assets | (567.9M) | (732.7M) | (775.6M) | (605.1M) | (544.6M) | (571.9M) | |
Retained Earnings | (317.2M) | (742.8M) | (848.9M) | (883.4M) | (869.3M) | (912.8M) | |
Accounts Payable | 237.3M | 147.5M | 166.1M | 209.1M | 282.0M | 181.3M | |
Other Assets | 27.5M | 43.1M | 49.2M | 49.0M | 56.4M | 37.3M | |
Net Receivables | 174.8M | 31.3M | 125.8M | 221.5M | 290.0M | 173.6M | |
Other Current Assets | 44.0M | 7.5M | 8.4M | 38.6M | 16.0M | 21.0M | |
Total Current Assets | 411.4M | 251.3M | 185.9M | 470.7M | 393.4M | 291.5M | |
Property Plant Equipment | 51.4M | 37.9M | 27.8M | 24.8M | 28.6M | 34.0M | |
Total Assets | 1.1B | 961.2M | 853.4M | 1.2B | 1.1B | 863.3M | |
Short Long Term Debt Total | 644.6M | 733.4M | 745.1M | 799.1M | 612.4M | 758.5M | |
Total Stockholder Equity | 63.1M | (76.4M) | (191.5M) | 373K | 61.9M | 65.0M | |
Property Plant And Equipment Net | 51.4M | 37.9M | 27.8M | 24.8M | 32.0M | 27.4M | |
Current Deferred Revenue | 94.1M | 92.2M | 75.5M | 90.3M | 99.1M | 74.8M | |
Net Debt | 418.4M | 550.7M | 682.1M | 548.3M | 525.0M | 606.9M | |
Cash | 226.1M | 182.8M | 51.7M | 240.5M | 87.5M | 148.2M | |
Non Current Assets Total | 712.8M | 709.9M | 667.5M | 686.6M | 697.2M | 575.4M | |
Non Currrent Assets Other | 15.2M | 12.5M | 12.7M | 14.2M | 49.0M | 51.4M | |
Long Term Debt | 629.5M | 720.7M | 722.6M | 726.9M | 588.0M | 727.4M | |
Cash And Short Term Investments | 226.1M | 182.8M | 51.7M | 240.5M | 87.5M | 148.2M | |
Good Will | 409.5M | 475.9M | 485.6M | 510.3M | 512.2M | 504.2M | |
Liabilities And Stockholders Equity | 1.1B | 961.2M | 853.4M | 1.2B | 1.1B | 863.3M | |
Non Current Liabilities Total | 704M | 779.6M | 769.4M | 758.4M | 618.9M | 575.7M | |
Capital Lease Obligations | 14.0M | 12.6M | 10.5M | 17.2M | 23.6M | 14.4M | |
Total Liab | 1.1B | 1.0B | 1.0B | 1.2B | 1.0B | 855.3M | |
Net Invested Capital | 693.7M | 644.5M | 531.7M | 789.2M | 650.8M | 538.9M | |
Long Term Investments | 2.9M | 3.5M | 6.5M | 21.5M | 5.1M | 6.6M | |
Short Long Term Debt | 1.1M | 111K | 676K | 61.9M | 889K | 844.6K | |
Accumulated Other Comprehensive Income | (11.9M) | (959.1M) | (968.8M) | (970.6M) | (972.6M) | (924.0M) | |
Non Current Liabilities Other | 29.8M | 29.5M | 29.7M | 18.8M | 2.7M | 2.6M | |
Net Working Capital | 62.7M | 57K | (84.0M) | 78.1M | (8.0M) | (7.6M) | |
Short Term Debt | 15.1M | 12.7M | 11.2M | 61.9M | 9.7M | 9.2M | |
Intangible Assets | 221.5M | 149.5M | 98.4M | 95.3M | 98.9M | 147.9M | |
Long Term Debt Total | 624.6M | 720.7M | 733.9M | 737.1M | 847.7M | 756.5M |
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Is Application Software 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 Blue. 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 Blue 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 1.766 | Earnings Share 0.13 | Revenue Per Share 1.894 | Quarterly Revenue Growth 0.246 | Return On Assets 0.0604 |
The market value of Global Blue Group 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 Blue's value that differs from its market value or its book value, called intrinsic value, which is Global Blue'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 Blue's market value can be influenced by many factors that don't directly affect Global Blue'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 Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Blue'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.