Great Other Current Assets from 2010 to 2024

GLDD Stock  USD 12.32  0.10  0.82%   
Great Lakes' Other Current Assets are decreasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 58.4 M this year. Other Current Assets is 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. View All Fundamentals
 
Other Current Assets  
First Reported
2000-03-31
Previous Quarter
37.4 M
Current Value
33.4 M
Quarterly Volatility
47.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Great Lakes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Great Lakes' main balance sheet or income statement drivers, such as Interest Expense of 14.8 M, Selling General Administrative of 53.8 M or Total Revenue of 652.8 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0335 or PTB Ratio of 1.26. Great financial statements analysis is a perfect complement when working with Great Lakes Valuation or Volatility modules.
  
Check out the analysis of Great Lakes Correlation against competitors.

Latest Great Lakes' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Great Lakes Dredge over the last few years. It is 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. Great Lakes' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Great Lakes' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Great Other Current Assets Regression Statistics

Arithmetic Mean54,209,421
Geometric Mean45,167,662
Coefficient Of Variation85.67
Mean Deviation25,300,428
Median40,228,000
Standard Deviation46,440,065
Sample Variance2156.7T
Range197.4M
R-Value(0.31)
Mean Square Error2102.7T
R-Squared0.09
Significance0.26
Slope(3,195,189)
Total Sum of Squares30193.5T

Great Other Current Assets History

202458.4 M
202346 M
202236.3 M
202128.4 M
202040.4 M
201939.7 M
201831.9 M

About Great Lakes Financial Statements

Great Lakes stakeholders use historical fundamental indicators, such as Great Lakes' Other Current Assets, to determine how well the company is positioned to perform in the future. Although Great Lakes investors may analyze each financial statement separately, they are all interrelated. For example, changes in Great Lakes' assets and liabilities are reflected in the revenues and expenses on Great Lakes' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Great Lakes Dredge. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets46 M58.4 M

Also Currently Popular

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 Great Lakes Dredge is a strong investment it is important to analyze Great Lakes' 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 Great Lakes' future performance. For an informed investment choice regarding Great Stock, refer to the following important reports:
Check out the analysis of Great Lakes Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Construction & Engineering 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 Great Lakes. If investors know Great 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 Great Lakes 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
3.219
Earnings Share
0.88
Revenue Per Share
11.083
Quarterly Revenue Growth
0.631
Return On Assets
0.0481
The market value of Great Lakes Dredge is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Lakes' value that differs from its market value or its book value, called intrinsic value, which is Great Lakes' 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 Great Lakes' market value can be influenced by many factors that don't directly affect Great Lakes' 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 Great Lakes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Lakes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Lakes' 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.