Global Other Stockholder Equity vs Other Current Assets Analysis

GIC Stock  USD 27.96  0.03  0.11%   
Global Industrial financial indicator trend analysis is much more than just examining Global Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Industrial is a good investment. Please check the relationship between Global Industrial Other Stockholder Equity and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Industrial Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Stockholder Equity vs Other Current Assets

Other Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Industrial Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Global Industrial's Other Stockholder Equity and Other Current Assets is -0.44. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Global Industrial Co, assuming nothing else is changed. The correlation between historical values of Global Industrial's Other Stockholder Equity and Other Current Assets 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 Industrial Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Global Industrial's Other Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Stockholder Equity

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Global Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Industrial 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 Industrial Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Global Industrial's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 5 M.
 2022 2023 2024 (projected)
Interest Expense1.1M990K1.0M
Depreciation And Amortization3.9M6.4M7.8M

Global Industrial fundamental ratios Correlations

-0.560.030.930.92-0.090.67-0.50.930.90.470.120.910.470.93-0.43-0.330.890.48-0.480.95-0.080.98-0.430.24-0.14
-0.560.03-0.61-0.590.54-0.330.63-0.65-0.77-0.470.43-0.7-0.47-0.690.640.8-0.41-0.40.86-0.530.65-0.640.81-0.130.48
0.030.030.26-0.18-0.43-0.26-0.6-0.17-0.040.68-0.4-0.160.68-0.16-0.09-0.35-0.17-0.23-0.160.22-0.40.1-0.36-0.06-0.16
0.93-0.610.260.75-0.360.52-0.730.770.90.71-0.180.830.710.89-0.46-0.50.710.29-0.570.98-0.320.97-0.60.05-0.26
0.92-0.59-0.180.750.040.7-0.320.990.830.250.280.870.250.86-0.47-0.310.930.64-0.480.76-0.020.88-0.370.43-0.11
-0.090.54-0.43-0.360.040.350.77-0.05-0.29-0.670.89-0.04-0.67-0.190.140.850.20.070.66-0.20.84-0.250.770.110.35
0.67-0.33-0.260.520.70.350.020.660.6-0.070.320.72-0.070.64-0.44-0.020.850.5-0.270.590.120.61-0.040.06-0.31
-0.50.63-0.6-0.73-0.320.770.02-0.35-0.65-0.970.63-0.37-0.97-0.470.560.82-0.160.040.65-0.650.79-0.620.90.160.42
0.93-0.65-0.170.770.99-0.050.66-0.350.830.270.190.890.270.88-0.41-0.360.920.66-0.560.76-0.050.9-0.410.46-0.13
0.9-0.77-0.040.90.83-0.290.6-0.650.830.58-0.120.880.580.93-0.7-0.550.730.31-0.630.89-0.40.92-0.680.05-0.37
0.47-0.470.680.710.25-0.67-0.07-0.970.270.58-0.560.291.00.4-0.49-0.680.11-0.14-0.490.65-0.690.58-0.8-0.23-0.34
0.120.43-0.4-0.180.280.890.320.630.19-0.12-0.560.13-0.560.00.120.730.350.210.58-0.040.84-0.050.670.40.56
0.91-0.7-0.160.830.87-0.040.72-0.370.890.880.290.130.290.93-0.49-0.310.840.52-0.550.84-0.080.89-0.410.26-0.2
0.47-0.470.680.710.25-0.67-0.07-0.970.270.581.0-0.560.290.4-0.49-0.680.11-0.14-0.490.65-0.690.58-0.8-0.23-0.34
0.93-0.69-0.160.890.86-0.190.64-0.470.880.930.40.00.930.4-0.44-0.380.80.4-0.520.89-0.160.94-0.460.18-0.17
-0.430.64-0.09-0.46-0.470.14-0.440.56-0.41-0.7-0.490.12-0.49-0.49-0.440.52-0.34-0.030.46-0.490.57-0.460.680.150.54
-0.330.8-0.35-0.5-0.310.85-0.020.82-0.36-0.55-0.680.73-0.31-0.68-0.380.52-0.13-0.190.86-0.360.9-0.460.92-0.040.52
0.89-0.41-0.170.710.930.20.85-0.160.920.730.110.350.840.110.8-0.34-0.130.64-0.390.750.140.84-0.180.35-0.17
0.48-0.4-0.230.290.640.070.50.040.660.31-0.140.210.52-0.140.4-0.03-0.190.64-0.440.260.090.44-0.070.41-0.07
-0.480.86-0.16-0.57-0.480.66-0.270.65-0.56-0.63-0.490.58-0.55-0.49-0.520.460.86-0.39-0.44-0.450.71-0.580.84-0.170.64
0.95-0.530.220.980.76-0.20.59-0.650.760.890.65-0.040.840.650.89-0.49-0.360.750.26-0.45-0.210.96-0.50.01-0.21
-0.080.65-0.4-0.32-0.020.840.120.79-0.05-0.4-0.690.84-0.08-0.69-0.160.570.90.140.090.71-0.21-0.230.890.280.67
0.98-0.640.10.970.88-0.250.61-0.620.90.920.58-0.050.890.580.94-0.46-0.460.840.44-0.580.96-0.23-0.550.17-0.24
-0.430.81-0.36-0.6-0.370.77-0.040.9-0.41-0.68-0.80.67-0.41-0.8-0.460.680.92-0.18-0.070.84-0.50.89-0.550.060.61
0.24-0.13-0.060.050.430.110.060.160.460.05-0.230.40.26-0.230.180.15-0.040.350.41-0.170.010.280.170.060.32
-0.140.48-0.16-0.26-0.110.35-0.310.42-0.13-0.37-0.340.56-0.2-0.34-0.170.540.52-0.17-0.070.64-0.210.67-0.240.610.32
Click cells to compare fundamentals

Global Industrial Account Relationship Matchups

Global Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets396.9M374.9M405M455.2M513.4M631.4M
Other Current Liab8M35.7M32.3M27.9M27.6M26.2M
Total Current Liabilities159.8M186.4M179.9M153.1M174.2M312.0M
Total Stockholder Equity175.5M106.8M153.6M210.4M255.2M212.3M
Property Plant And Equipment Net77.1M93.9M85.3M111.3M104.4M63.2M
Net Debt(28.6M)65.1M68.1M73.6M61.1M64.2M
Retained Earnings2.8M(66.5M)(25.5M)25.9M66M90.7M
Accounts Payable149.9M125.4M114.4M96.9M111M105.5M
Cash295.4M97.2M22.4M15.4M34.4M32.7M
Non Current Assets Total92.6M111.1M103.6M129.5M183.6M104.1M
Non Currrent Assets Other1M2.6M1.2M1.7M2M2.8M
Cash And Short Term Investments295.4M97.2M22.4M15.4M34.4M32.7M
Net Receivables88.2M102.3M106.8M108M130.7M197.8M
Liabilities And Stockholders Equity396.9M374.9M405M455.2M513.4M631.4M
Non Current Liabilities Total61.6M81.7M71.5M91.7M84M88.2M
Inventory112.5M132.3M172.8M179.4M150.8M207.5M
Other Current Assets6.4M6.8M12.8M19.6M13.9M19.9M
Other Stockholder Equity169.3M169.5M175.4M181.7M186.2M172.3M
Total Liab221.4M268.1M251.4M244.8M258.2M339.5M
Property Plant And Equipment Gross77.1M93.9M85.3M111.3M143.8M151.0M
Total Current Assets304.3M263.8M301.4M325.7M329.8M528.1M
Short Term Debt9.9M20.6M25.5M25.4M28.2M29.6M
Other Assets8.3M10.2M11.5M9.9M1.00.95
Treasury Stock(21.8M)(25.1M)(20.4M)(24M)(23.5M)(24.6M)
Property Plant Equipment17.8M93.9M85.3M111.3M100.2M105.2M
Other Liab2.9M4.5M3M2.6M3.0M2.8M
Net Tangible Assets168.3M99.8M135.3M210.4M189.4M187.6M
Retained Earnings Total Equity2.8M(66.5M)(25.5M)25.9M23.3M38.8M
Capital Surpluse189.7M193.5M195.8M201.2M231.4M207.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Global Industrial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Industrial Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Industrial Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Industrial Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Trading Companies & Distributors 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 Industrial. 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 Industrial 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
(0.19)
Dividend Share
0.95
Earnings Share
1.7
Revenue Per Share
34.936
Quarterly Revenue Growth
(0.03)
The market value of Global Industrial 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 Industrial's value that differs from its market value or its book value, called intrinsic value, which is Global Industrial'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 Industrial's market value can be influenced by many factors that don't directly affect Global Industrial'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 Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Industrial'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.