Griffon Stock Current Ratio
GFF Stock | USD 85.16 2.20 2.65% |
Griffon fundamentals help investors to digest information that contributes to Griffon's financial success or failures. It also enables traders to predict the movement of Griffon Stock. The fundamental analysis module provides a way to measure Griffon's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Griffon stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 2.66 | 1.96 |
Griffon | Current Ratio |
Griffon Company Current Ratio Analysis
Griffon's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Griffon Current Ratio | 2.26 X |
Most of Griffon's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Griffon is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Griffon Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Griffon is extremely important. It helps to project a fair market value of Griffon Stock properly, considering its historical fundamentals such as Current Ratio. Since Griffon's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Griffon's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Griffon's interrelated accounts and indicators.
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Griffon Current Ratio Historical Pattern
Today, most investors in Griffon Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Griffon's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Griffon current ratio as a starting point in their analysis.
Griffon Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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Griffon Discontinued Operations
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In accordance with the recently published financial statements, Griffon has a Current Ratio of 2.26 times. This is 9.71% higher than that of the Building Products sector and 65.39% lower than that of the Industrials industry. The current ratio for all United States stocks is 4.63% lower than that of the firm.
Griffon Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Griffon's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Griffon could also be used in its relative valuation, which is a method of valuing Griffon by comparing valuation metrics of similar companies.Griffon is currently under evaluation in current ratio category among its peers.
Griffon ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Griffon's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Griffon's managers, analysts, and investors.Environmental | Governance | Social |
Griffon Fundamentals
Return On Equity | 0.78 | ||||
Return On Asset | 0.12 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.20 % | ||||
Current Valuation | 5.56 B | ||||
Shares Outstanding | 47.82 M | ||||
Shares Owned By Insiders | 18.48 % | ||||
Shares Owned By Institutions | 77.72 % | ||||
Number Of Shares Shorted | 2.67 M | ||||
Price To Earning | 19.62 X | ||||
Price To Book | 17.64 X | ||||
Price To Sales | 1.51 X | ||||
Revenue | 2.62 B | ||||
Gross Profit | 1.03 B | ||||
EBITDA | 461.44 M | ||||
Net Income | 209.9 M | ||||
Cash And Equivalents | 120.18 M | ||||
Cash Per Share | 2.81 X | ||||
Total Debt | 1.71 B | ||||
Debt To Equity | 1.97 % | ||||
Current Ratio | 2.26 X | ||||
Book Value Per Share | 4.83 X | ||||
Cash Flow From Operations | 380.04 M | ||||
Short Ratio | 7.89 X | ||||
Earnings Per Share | 4.23 X | ||||
Price To Earnings To Growth | 2.36 X | ||||
Target Price | 101.0 | ||||
Beta | 1.27 | ||||
Market Capitalization | 3.97 B | ||||
Total Asset | 2.37 B | ||||
Retained Earnings | 461.44 M | ||||
Working Capital | 580.49 M | ||||
Current Asset | 382.34 M | ||||
Current Liabilities | 189.15 M | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 1.48 % | ||||
Net Asset | 2.37 B | ||||
Last Dividend Paid | 0.6 |
About Griffon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Griffon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Griffon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Griffon based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Griffon is a strong investment it is important to analyze Griffon'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 Griffon's future performance. For an informed investment choice regarding Griffon Stock, refer to the following important reports:Check out Griffon Piotroski F Score and Griffon Altman Z Score analysis. For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Building Products 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 Griffon. If investors know Griffon 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 Griffon 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 0.653 | Dividend Share 0.6 | Earnings Share 4.23 | Revenue Per Share 55.147 | Quarterly Revenue Growth 0.029 |
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon'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 Griffon's market value can be influenced by many factors that don't directly affect Griffon'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 Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon'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.