Gabelli Net Tangible Assets vs Total Current Assets Analysis
| GLU Stock | | | USD 17.39 0.01 0.06% |
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 Net Tangible Assets and its Total Current Assets 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.
Net Tangible Assets vs Total Current Assets
Net Tangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gabelli Global Utility Net Tangible Assets account and
Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Gabelli Global's Net Tangible Assets and Total Current Assets is 0.05. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets 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 Net Tangible Assets and Total 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 Net Tangible Assets of Gabelli Global Utility are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Gabelli Global's Net Tangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.05 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.
Selling General Administrative is likely to drop to about 484.9
K in 2025.
Sales General And Administrative To Revenue is likely to drop to 0.03 in 2025
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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