Griffon Capital Expenditures vs Dividends Paid Analysis
GFF Stock | USD 82.96 1.68 2.07% |
Griffon financial indicator trend analysis is much more than just examining Griffon latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Griffon is a good investment. Please check the relationship between Griffon Capital Expenditures and its Dividends Paid accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
Capital Expenditures vs Dividends Paid
Capital Expenditures vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Griffon Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Griffon's Capital Expenditures and Dividends Paid is -0.12. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Griffon, assuming nothing else is changed. The correlation between historical values of Griffon's Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Griffon are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Griffon's Capital Expenditures and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Griffon to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Griffon operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most indicators from Griffon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Griffon 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 Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.At this time, Griffon's Enterprise Value Multiple is most likely to slightly decrease in the upcoming years. The Griffon's current Enterprise Value is estimated to increase to about 787.1 M, while Tax Provision is projected to decrease to roughly 21.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 936.9M | 1.0B | 1.0B | 1.1B | Total Revenue | 2.8B | 2.7B | 2.6B | 1.4B |
Griffon fundamental ratios Correlations
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Griffon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Griffon fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 2.6B | 2.8B | 2.4B | 2.4B | 1.2B | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.8B | 1.6B | 1.7B | 1.8B | |
Other Current Liab | 215.0M | 188.1M | 130.2M | 128.7M | 133.9M | 140.6M | |
Total Current Liabilities | 449.2M | 531.6M | 423.6M | 359.1M | 349.0M | 243.4M | |
Total Stockholder Equity | 700.2M | 807.2M | 477.6M | 315.2M | 224.9M | 383.3M | |
Property Plant And Equipment Net | 505.6M | 437.2M | 478.0M | 449.2M | 459.5M | 239.4M | |
Net Debt | 996.8M | 946.2M | 1.6B | 1.5B | 1.6B | 1.7B | |
Retained Earnings | 607.5M | 670.0M | 344.1M | 281.5M | 461.4M | 318.6M | |
Cash | 218.1M | 248.7M | 120.2M | 102.9M | 114.4M | 92.5M | |
Non Current Assets Total | 1.3B | 1.2B | 1.6B | 1.4B | 1.4B | 1.5B | |
Non Currrent Assets Other | 39.3M | 25.0M | 26.1M | 26.0M | 33.8M | 19.8M | |
Cash And Short Term Investments | 218.1M | 248.7M | 120.2M | 102.9M | 114.4M | 92.5M | |
Net Receivables | 278.4M | 294.8M | 361.7M | 312.4M | 312.8M | 207.4M | |
Common Stock Shares Outstanding | 45.0M | 53.4M | 51.7M | 54.6M | 47.6M | 46.5M | |
Liabilities And Stockholders Equity | 2.5B | 2.6B | 2.8B | 2.4B | 2.4B | 1.2B | |
Non Current Liabilities Total | 1.3B | 1.3B | 1.9B | 1.7B | 1.8B | 1.9B | |
Inventory | 413.8M | 472.8M | 669.2M | 507.1M | 425.5M | 219.6M | |
Other Current Assets | 289.3M | 352.4M | 126.1M | 58.1M | 76.8M | 60.8M | |
Other Stockholder Equity | 143.8M | 162.0M | 195.1M | 82.6M | (199.7M) | (189.7M) | |
Total Liab | 1.8B | 1.8B | 2.3B | 2.1B | 2.1B | 2.3B | |
Property Plant And Equipment Gross | 505.6M | 437.2M | 478.0M | 449.2M | 516.5M | 542.4M | |
Total Current Assets | 1.1B | 1.4B | 1.2B | 980.6M | 929.5M | 615.4M | |
Accumulated Other Comprehensive Income | (72.1M) | (46.0M) | (82.7M) | (70.0M) | (58.0M) | (55.1M) | |
Short Term Debt | 39.6M | 72.2M | 76.0M | 42.3M | 78.3M | 82.2M | |
Intangible Assets | 355.0M | 350.0M | 761.9M | 635.2M | 618.8M | 649.7M | |
Accounts Payable | 172.5M | 260.0M | 194.8M | 116.6M | 119.4M | 127.7M | |
Common Stock | 20.7M | 20.9M | 21.1M | 21.2M | 24.4M | 25.6M | |
Common Stock Total Equity | 20.7M | 20.9M | 21.1M | 21.2M | 24.4M | 17.4M | |
Other Liab | 133.5M | 113.4M | 194.9M | 137.4M | 158.0M | 106.7M | |
Other Assets | 39.3M | 25.0M | 26.1M | 26.0M | 29.9M | 36.4M | |
Long Term Debt | 1.0B | 1.0B | 1.6B | 1.5B | 1.7B | 1.8B | |
Good Will | 442.6M | 426.1M | 335.8M | 327.9M | 329.4M | 312.9M | |
Treasury Stock | (536.3M) | (413.5M) | (416.9M) | (420.1M) | (378.1M) | (397.0M) | |
Property Plant Equipment | 505.6M | 437.2M | 478.0M | 449.2M | 516.5M | 333.7M | |
Current Deferred Revenue | 124.7M | 171.6M | 145.1M | 48.6M | 55.9M | 103.9M | |
Net Tangible Assets | (97.5M) | 31.0M | (620.1M) | (647.9M) | (583.1M) | (553.9M) | |
Short Term Investments | 1.5M | 1.7M | 16.0M | 62K | 71.3K | 67.7K | |
Long Term Debt Total | 1.1B | 1.0B | 1.0B | 1.6B | 1.8B | 1.0B | |
Capital Surpluse | 519.0M | 583.0M | 602.2M | 628.0M | 722.2M | 579.8M |
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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.