Global Short Term Investments vs Total Current Liabilities Analysis

SELF Stock  USD 5.17  0.14  2.64%   
Global Self financial indicator trend analysis is much more than just examining Global Self Storage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Self Storage is a good investment. Please check the relationship between Global Self Short Term Investments and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global Self Storage. 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.

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Self Storage Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Global Self's Short Term Investments and Total Current Liabilities is 0.48. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Global Self Storage, assuming nothing else is changed. The correlation between historical values of Global Self's Short Term Investments 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 Short Term Investments of Global Self Storage 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 Short Term Investments i.e., Global Self's Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Global Self balance sheet. It contains any investments Global Self Storage undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Global Self Storage can easily liquidate in the marketplace.

Total Current Liabilities

Total Current Liabilities is an item on Global Self 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 Self Storage 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 Self's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Self Storage 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Global Self Storage. 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.
At this time, Global Self's Selling General Administrative is most likely to increase significantly in the upcoming years. The Global Self's current Sales General And Administrative To Revenue is estimated to increase to 0.35, while Issuance Of Capital Stock is projected to decrease to roughly 25.1 K.
 2021 2022 2023 2024 (projected)
Interest Expense1.0M780.2K846.4K1.5M
Depreciation And Amortization6.3M9.5M1.6M3.0M

Global Self fundamental ratios Correlations

0.130.630.80.20.40.890.56-0.360.720.610.930.790.440.890.88-0.010.670.90.620.90.32-0.9-0.930.780.64
0.130.23-0.240.460.20.26-0.59-0.08-0.42-0.490.28-0.120.360.340.290.48-0.03-0.09-0.30.210.16-0.23-0.22-0.10.12
0.630.230.250.050.430.620.27-0.250.250.190.710.390.160.770.51-0.180.270.440.130.60.21-0.57-0.580.480.82
0.8-0.240.250.130.110.560.67-0.330.880.840.580.760.420.450.70.020.720.840.910.650.38-0.58-0.650.540.25
0.20.460.050.130.390.22-0.37-0.06-0.02-0.420.16-0.140.580.250.210.64-0.14-0.080.10.040.81-0.05-0.130.140.1
0.40.20.430.110.390.68-0.2-0.17-0.04-0.110.34-0.030.40.550.450.29-0.290.17-0.210.270.22-0.25-0.250.740.78
0.890.260.620.560.220.680.34-0.320.420.370.880.610.480.930.890.110.410.710.270.810.23-0.85-0.860.890.79
0.56-0.590.270.67-0.37-0.20.34-0.180.840.810.510.77-0.070.350.35-0.490.720.70.670.520.02-0.56-0.580.40.22
-0.36-0.08-0.25-0.33-0.06-0.17-0.32-0.18-0.17-0.23-0.34-0.1-0.44-0.3-0.4-0.26-0.22-0.27-0.17-0.31-0.040.320.33-0.24-0.2
0.72-0.420.250.88-0.02-0.040.420.84-0.170.830.530.780.090.40.5-0.310.720.830.90.620.34-0.55-0.60.470.24
0.61-0.490.190.84-0.42-0.110.370.81-0.230.830.420.760.050.250.5-0.350.720.80.780.56-0.08-0.47-0.490.410.17
0.930.280.710.580.160.340.880.51-0.340.530.420.780.360.950.81-0.070.680.80.410.90.24-0.97-0.980.710.66
0.79-0.120.390.76-0.14-0.030.610.77-0.10.780.760.780.070.60.58-0.360.920.940.70.80.12-0.83-0.840.570.32
0.440.360.160.420.580.40.48-0.07-0.440.090.050.360.070.390.610.860.090.180.190.220.39-0.29-0.350.280.23
0.890.340.770.450.250.550.930.35-0.30.40.250.950.60.390.80.010.430.670.240.840.25-0.89-0.90.780.8
0.880.290.510.70.210.450.890.35-0.40.50.50.810.580.610.80.240.490.680.480.780.31-0.76-0.810.670.57
-0.010.48-0.180.020.640.290.11-0.49-0.26-0.31-0.35-0.07-0.360.860.010.24-0.26-0.26-0.13-0.220.30.120.07-0.07-0.12
0.67-0.030.270.72-0.14-0.290.410.72-0.220.720.720.680.920.090.430.49-0.260.840.730.680.09-0.74-0.750.290.05
0.9-0.090.440.84-0.080.170.710.7-0.270.830.80.80.940.180.670.68-0.260.840.720.860.12-0.84-0.850.690.44
0.62-0.30.130.910.1-0.210.270.67-0.170.90.780.410.70.190.240.48-0.130.730.720.50.45-0.41-0.490.25-0.02
0.90.210.60.650.040.270.810.52-0.310.620.560.90.80.220.840.78-0.220.680.860.50.17-0.9-0.910.690.62
0.320.160.210.380.810.220.230.02-0.040.34-0.080.240.120.390.250.310.30.090.120.450.17-0.09-0.220.160.16
-0.9-0.23-0.57-0.58-0.05-0.25-0.85-0.560.32-0.55-0.47-0.97-0.83-0.29-0.89-0.760.12-0.74-0.84-0.41-0.9-0.090.99-0.7-0.56
-0.93-0.22-0.58-0.65-0.13-0.25-0.86-0.580.33-0.6-0.49-0.98-0.84-0.35-0.9-0.810.07-0.75-0.85-0.49-0.91-0.220.99-0.71-0.55
0.78-0.10.480.540.140.740.890.4-0.240.470.410.710.570.280.780.67-0.070.290.690.250.690.16-0.7-0.710.78
0.640.120.820.250.10.780.790.22-0.20.240.170.660.320.230.80.57-0.120.050.44-0.020.620.16-0.56-0.550.78
Click cells to compare fundamentals

Global Self Account Relationship Matchups

Global Self fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.7M64.9M66.5M67.4M66.9M48.9M
Other Current Liab1.8M(513.9K)(2.0M)(558.7K)35.7K33.9K
Total Current Liabilities6.8M6.5M1.5M1.6M1.7M1.5M
Total Stockholder Equity42.1M40.0M47.1M48.3M48.2M40.3M
Retained Earnings1.6M(509.9K)159.7K(801.7K)(1.1M)(1.1M)
Non Current Assets Total61.2M60.6M59.3M57.9M694.1K659.4K
Non Currrent Assets Other58.3M59.9M58.6M57.2M(2.8M)(3.0M)
Other Assets311.9K62.5M58.3M57.8M58.3M61.3M
Net Receivables164.1K106.5K120.6K168.3K169.4K160.9K
Common Stock Shares Outstanding7.7M9.3M10.0M10.9M11.1M8.5M
Liabilities And Stockholders Equity67.7M64.9M66.5M67.4M66.9M48.9M
Other Stockholder Equity40.3M40.5M46.9M49.8M49.2M41.2M
Total Liab25.6M24.9M19.4M19.0M18.6M19.6M
Total Current Assets6.5M4.3M7.2M9.5M7.8M8.2M
Short Long Term Debt Total23.8M23.5M17.9M18.0M16.9M14.0M
Net Debt19.8M21.9M15.0M11.1M10.0M7.9M
Non Current Liabilities Total18.8M18.4M17.9M17.4M16.9M10.0M
Cash4.0M1.6M2.9M6.4M6.9M7.3M
Cash And Short Term Investments5.8M3.5M6.4M8.7M7.0M3.8M
Net Tangible Assets41.0M39.3M46.4M47.6M54.8M43.5M
Accounts Payable1.8M1.3M1.5M1.6M1.7M1.0M
Long Term Debt18.8M18.4M17.9M17.4M16.9M18.4M
Long Term Investments1.8M1.9M3.5M123.2K2.8M2.6M
Common Stock93.3K93.4K107.1K111.1K111.5K106.0K
Short Term Investments1.8M1.9M3.5M2.4M50.9K48.3K
Inventory263.4K340.7K164.0K151.4K(50.9K)(48.3K)
Other Current Assets325.5K1.0M(3.5M)479.5K751.1K788.7K
Common Stock Total Equity76.9K93.3K93.4K111.1K127.8K96.6K
Retained Earnings Total Equity3.2M1.6M(509.9K)(801.7K)(721.5K)(685.4K)
Long Term Debt Total19.3M18.8M18.4M17.4M15.7M15.0M
Capital Surpluse34.0M40.3M40.5M49.0M56.4M42.4M
Property Plant Equipment59.8M59.8M58.4M56.9M65.4M62.8M
Net Invested Capital65.8M63.6M65.0M65.8M65.1M69.1M
Net Working Capital(251.2K)(2.2M)5.7M7.9M5.5M3.2M
Deferred Long Term Liab311.9K152.5K254.0K152.4K137.2K214.7K
Capital Stock93.3K93.4K107.1K111.1K111.5K108.8K

Currently Active Assets on Macroaxis

When determining whether Global Self Storage is a strong investment it is important to analyze Global Self'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 Self's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global Self Storage. 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.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Self-Storage REITs 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 Self. 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 Self 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
4
Dividend Share
0.29
Earnings Share
0.27
Revenue Per Share
1.112
Quarterly Revenue Growth
0.036
The market value of Global Self Storage 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 Self's value that differs from its market value or its book value, called intrinsic value, which is Global Self'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 Self's market value can be influenced by many factors that don't directly affect Global Self'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 Self's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Self is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Self'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.