Global Inventory vs Non Currrent Assets Other Analysis

GSL Stock  USD 24.38  0.19  0.77%   
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 Inventory and its Non Currrent Assets Other 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.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Ship Lease Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Ship's Inventory and Non Currrent Assets Other is 0.64. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other 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 Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Global Ship Lease are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Global Ship's Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense69.2M75.3M44.8M44.8M
Depreciation And Amortization61.6M81.3M91.7M46.7M

Global Ship fundamental ratios Correlations

0.880.910.850.760.990.840.470.560.681.00.710.40.68-0.370.870.870.650.730.590.930.99-0.540.760.96-0.11
0.880.870.710.530.910.990.130.440.640.890.510.190.62-0.460.720.990.460.530.590.980.86-0.520.630.81-0.05
0.910.870.780.620.910.840.30.440.620.910.660.270.62-0.370.790.870.50.590.60.910.87-0.520.670.9-0.04
0.850.710.780.930.820.680.730.740.830.840.790.650.84-0.20.980.70.90.940.370.780.83-0.470.940.91-0.19
0.760.530.620.930.730.480.90.640.840.740.770.60.86-0.280.930.510.930.980.420.60.76-0.560.930.78-0.09
0.990.910.910.820.730.880.420.480.661.00.640.30.66-0.410.850.910.610.690.640.960.99-0.590.710.93-0.04
0.840.990.840.680.480.880.070.430.550.860.480.170.53-0.410.690.990.410.470.550.970.81-0.460.560.77-0.03
0.470.130.30.730.90.420.070.560.630.450.650.640.66-0.020.720.110.860.880.160.230.49-0.350.770.53-0.09
0.560.440.440.740.640.480.430.560.510.540.790.920.530.260.690.40.710.71-0.150.490.50.140.720.67-0.56
0.680.640.620.830.840.660.550.630.510.650.590.371.0-0.470.790.580.840.860.470.630.7-0.670.950.66-0.06
1.00.890.910.840.741.00.860.450.540.650.690.370.65-0.370.870.880.630.710.60.940.99-0.540.730.96-0.08
0.710.510.660.790.770.640.480.650.790.590.690.710.61-0.120.80.490.640.750.250.590.63-0.210.770.76-0.23
0.40.190.270.650.60.30.170.640.920.370.370.710.40.390.620.150.670.68-0.280.270.340.290.620.56-0.58
0.680.620.620.840.860.660.530.660.531.00.650.610.4-0.450.80.560.860.880.460.620.7-0.660.960.66-0.07
-0.37-0.46-0.37-0.2-0.28-0.41-0.41-0.020.26-0.47-0.37-0.120.39-0.45-0.3-0.43-0.1-0.18-0.88-0.38-0.380.8-0.28-0.21-0.48
0.870.720.790.980.930.850.690.720.690.790.870.80.620.8-0.30.70.850.920.470.790.84-0.510.90.91-0.19
0.870.990.870.70.510.910.990.110.40.580.880.490.150.56-0.430.70.430.50.590.990.84-0.520.580.790.01
0.650.460.50.90.930.610.410.860.710.840.630.640.670.86-0.10.850.430.970.20.520.67-0.420.930.7-0.18
0.730.530.590.940.980.690.470.880.710.860.710.750.680.88-0.180.920.50.970.310.60.73-0.470.960.77-0.14
0.590.590.60.370.420.640.550.16-0.150.470.60.25-0.280.46-0.880.470.590.20.310.570.61-0.840.360.450.46
0.930.980.910.780.60.960.970.230.490.630.940.590.270.62-0.380.790.990.520.60.570.91-0.510.670.89-0.06
0.990.860.870.830.760.990.810.490.50.70.990.630.340.7-0.380.840.840.670.730.610.91-0.590.750.94-0.06
-0.54-0.52-0.52-0.47-0.56-0.59-0.46-0.350.14-0.67-0.54-0.210.29-0.660.8-0.51-0.52-0.42-0.47-0.84-0.51-0.59-0.52-0.41-0.5
0.760.630.670.940.930.710.560.770.720.950.730.770.620.96-0.280.90.580.930.960.360.670.75-0.520.78-0.18
0.960.810.90.910.780.930.770.530.670.660.960.760.560.66-0.210.910.790.70.770.450.890.94-0.410.78-0.22
-0.11-0.05-0.04-0.19-0.09-0.04-0.03-0.09-0.56-0.06-0.08-0.23-0.58-0.07-0.48-0.190.01-0.18-0.140.46-0.06-0.06-0.5-0.18-0.22
Click cells to compare fundamentals

Global Ship Account Relationship Matchups

Global Ship fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.3B2.0B2.1B2.2B1.2B
Short Long Term Debt Total896.9M769.5M1.1B934.4M812.4M648.3M
Other Current Liab23.0M19.4M32.8M36.6M29.3M18.1M
Total Current Liabilities129.6M112.2M244.8M261.8M280.4M294.5M
Total Stockholder Equity406.4M464.7M712.6M966.5M1.2B1.2B
Property Plant And Equipment Net1.2B1.1B1.7B1.6B1.7B1.1B
Net Debt758.9M688.7M995.3M814.3M617.0M583.8M
Retained Earnings(159.4M)(121.8M)13.5M246.4M488.1M512.5M
Accounts Payable9.1M10.6M13.2M22.8M17.6M18.5M
Cash138.0M80.8M75.2M120.1M195.4M205.2M
Non Current Assets Total1.2B1.2B1.9B1.9B1.9B1.1B
Non Currrent Assets Other22.1M23.0M51.6M226.8M97.7M102.5M
Other Assets32.9M35.0M167.9M245.9M221.3M232.3M
Cash And Short Term Investments138.0M80.8M75.2M128.7M209.4M219.9M
Net Receivables6.2M4.0M6.1M4.4M5.4M5.3M
Common Stock Shares Outstanding12.2M18.0M35.5M37.2M35.9M37.7M
Liabilities And Stockholders Equity1.4B1.3B2.0B2.1B2.2B1.2B
Non Current Liabilities Total815.8M697.2M1.0B878.0M707.0M620.2M
Inventory5.6M6.3M11.4M12.2M27.4M28.8M
Other Current Assets8.1M6.7M25.2M33.8M53.5M56.1M
Other Stockholder Equity565.6M586.4M698.5M688.3M676.6M576.5M
Total Liab945.4M809.5M1.3B1.1B987.4M751.6M
Property Plant And Equipment Gross1.2B1.1B1.7B1.6B2.0B1.1B
Total Current Assets161.9M98.6M143.4M237.0M295.7M310.5M
Short Term Debt87.5M76.7M190.3M189.8M193.3M98.2M
Common Stock175K177K365K359K351K470.6K
Other Liab6.5M4.5M156.7M133.4M153.4M161.1M
Current Deferred Revenue10.0M5.6M8.5M12.6M40.3M42.3M
Long Term Debt809.4M692.8M880.1M744.6M619.2M608.0M
Common Stock Total Equity69K99K175K177K159.3K318.0K
Intangible Assets5.4M1.5M0.014.2M12.8M13.4M
Property Plant Equipment1.2B1.1B1.7B1.6B1.9B1.1B
Net Tangible Assets404.9M464.7M712.6M966.5M1.1B1.2B
Deferred Long Term Liab16.4M23.0M37.6M54.7M62.9M66.0M
Short Long Term Debt87.5M76.7M190.3M189.8M193.3M126.7M
Long Term Debt Total809.4M692.8M880.1M744.6M856.2M676.1M
Capital Surpluse565.6M586.4M698.5M688.3M791.5M561.9M

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Additional Information and Resources on Investing in Global Stock

When determining whether Global Ship Lease is a strong investment it is important to analyze Global Ship's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Ship's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
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.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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
0.141
Dividend Share
1.575
Earnings Share
9.04
Revenue Per Share
19.919
Quarterly Revenue Growth
0.082
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.