Construction Non Currrent Assets Other from 2010 to 2024

ROAD Stock  USD 96.85  5.54  6.07%   
Construction Partners' Non Currrent Assets Other are increasing over the years with slightly volatile fluctuation. Overall, Non Currrent Assets Other are expected to go to about 25.2 M this year. Non Currrent Assets Other is 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. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
2017-09-30
Previous Quarter
-28.5 M
Current Value
36.1 M
Quarterly Volatility
13.5 M
 
Covid
Check Construction Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Construction Partners' main balance sheet or income statement drivers, such as Tax Provision of 9.4 M, Interest Income of 2.4 M or Depreciation And Amortization of 45.6 M, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0504 or PTB Ratio of 2.54. Construction financial statements analysis is a perfect complement when working with Construction Partners Valuation or Volatility modules.
  
Check out the analysis of Construction Partners Correlation against competitors.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.

Latest Construction Partners' Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Construction Partners over the last few years. It is 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. Construction Partners' Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Construction Partners' overall financial position and show how it may be relating to other accounts over time.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Construction Non Currrent Assets Other Regression Statistics

Arithmetic Mean6,597,121
Coefficient Of Variation151.47
Mean Deviation7,742,161
Median2,197,000
Standard Deviation9,992,383
Sample Variance99.8T
Range37M
R-Value0.60
Mean Square Error68.6T
R-Squared0.36
Significance0.02
Slope1,343,573
Total Sum of Squares1397.9T

Construction Non Currrent Assets Other History

202425.2 M
202324 M
202220.9 M
202110.7 M
2020-11.8 M
20191.8 M
20182.3 M

About Construction Partners Financial Statements

Construction Partners stakeholders use historical fundamental indicators, such as Construction Partners' Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Construction Partners investors may analyze each financial statement separately, they are all interrelated. For example, changes in Construction Partners' assets and liabilities are reflected in the revenues and expenses on Construction Partners' 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 Construction Partners. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Currrent Assets Other24 M25.2 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 Construction Partners is a strong investment it is important to analyze Construction Partners' 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 Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:
Check out the analysis of Construction Partners Correlation against competitors.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Construction Partners. If investors know Construction 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 Construction Partners 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
0.439
Earnings Share
1.31
Revenue Per Share
33.93
Quarterly Revenue Growth
0.227
Return On Assets
0.0552
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' 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 Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' 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 Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' 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.