Griffon Current Deferred Revenue vs Total Assets Analysis

GFF Stock  USD 85.16  2.20  2.65%   
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 Current Deferred Revenue and its Total Assets 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.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Griffon Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Griffon's Current Deferred Revenue and Total Assets is -0.09. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Griffon, assuming nothing else is changed. The correlation between historical values of Griffon's Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Griffon are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Griffon's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Griffon assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Griffon books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Over EBITDA is most likely to slightly decrease in the upcoming years. The Griffon's current Enterprise Value Multiple is estimated to increase to 11.20, while Selling General Administrative is projected to decrease to roughly 326.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit936.9M1.0B1.0B1.1B
Total Revenue2.8B2.7B2.6B1.4B

Griffon fundamental ratios Correlations

0.660.490.920.540.910.610.680.480.780.680.480.960.590.690.920.540.210.750.370.940.390.590.60.760.9
0.660.640.550.050.590.990.240.140.930.380.140.740.371.00.730.26-0.350.980.820.570.780.960.180.70.67
0.490.640.540.180.370.590.270.390.560.220.390.410.060.60.50.68-0.140.630.470.530.690.590.050.270.32
0.920.550.540.660.790.50.840.470.680.540.470.830.410.570.820.680.150.670.280.960.310.410.790.730.82
0.540.050.180.660.54-0.060.750.790.340.610.790.490.580.10.310.670.580.20.050.650.01-0.040.670.530.44
0.910.590.370.790.540.530.630.530.780.830.530.910.640.630.80.530.260.680.470.770.370.520.480.740.86
0.610.990.590.5-0.060.530.180.00.890.290.00.70.280.980.710.15-0.430.960.790.50.740.950.150.660.64
0.680.240.270.840.750.630.180.470.450.560.470.60.30.270.460.560.040.390.220.760.030.050.830.70.74
0.480.140.390.470.790.530.00.470.360.671.00.430.660.160.260.780.570.220.230.530.340.130.190.310.33
0.780.930.560.680.340.780.890.450.360.610.360.880.560.950.780.38-0.130.960.80.670.680.880.360.830.79
0.680.380.220.540.610.830.290.560.670.610.670.70.730.430.420.430.310.460.490.580.220.30.260.70.74
0.480.140.390.470.790.530.00.471.00.360.670.430.660.160.260.780.570.220.230.530.340.130.190.310.33
0.960.740.410.830.490.910.70.60.430.880.70.430.670.780.890.390.140.820.510.850.430.70.560.830.91
0.590.370.060.410.580.640.280.30.660.560.730.660.670.420.410.280.460.440.370.540.290.390.20.620.59
0.691.00.60.570.10.630.980.270.160.950.430.160.780.420.740.24-0.310.990.820.590.750.950.210.750.71
0.920.730.50.820.310.80.710.460.260.780.420.260.890.410.740.430.140.780.330.820.470.710.520.60.75
0.540.260.680.680.670.530.150.560.780.380.430.780.390.280.240.430.380.340.220.650.480.180.370.250.32
0.21-0.35-0.140.150.580.26-0.430.040.57-0.130.310.570.140.46-0.310.140.38-0.26-0.470.24-0.22-0.250.13-0.12-0.07
0.750.980.630.670.20.680.960.390.220.960.460.220.820.440.990.780.34-0.260.790.680.740.920.320.790.76
0.370.820.470.280.050.470.790.220.230.80.490.230.510.370.820.330.22-0.470.790.270.780.760.00.640.54
0.940.570.530.960.650.770.50.760.530.670.580.530.850.540.590.820.650.240.680.270.350.450.680.730.82
0.390.780.690.310.010.370.740.030.340.680.220.340.430.290.750.470.48-0.220.740.780.350.8-0.10.320.31
0.590.960.590.41-0.040.520.950.050.130.880.30.130.70.390.950.710.18-0.250.920.760.450.80.040.550.54
0.60.180.050.790.670.480.150.830.190.360.260.190.560.20.210.520.370.130.320.00.68-0.10.040.60.59
0.760.70.270.730.530.740.660.70.310.830.70.310.830.620.750.60.25-0.120.790.640.730.320.550.60.91
0.90.670.320.820.440.860.640.740.330.790.740.330.910.590.710.750.32-0.070.760.540.820.310.540.590.91
Click cells to compare fundamentals

Griffon Account Relationship Matchups

Griffon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.8B2.4B2.4B1.2B
Short Long Term Debt Total1.2B1.2B1.8B1.6B1.7B1.8B
Other Current Liab215.0M188.1M130.2M128.7M133.9M140.6M
Total Current Liabilities449.2M531.6M423.6M359.1M349.0M243.4M
Total Stockholder Equity700.2M807.2M477.6M315.2M224.9M383.3M
Property Plant And Equipment Net505.6M437.2M478.0M449.2M459.5M239.4M
Net Debt996.8M946.2M1.6B1.5B1.6B1.7B
Retained Earnings607.5M670.0M344.1M281.5M461.4M318.6M
Cash218.1M248.7M120.2M102.9M114.4M92.5M
Non Current Assets Total1.3B1.2B1.6B1.4B1.4B1.5B
Non Currrent Assets Other39.3M25.0M26.1M26.0M33.8M19.8M
Cash And Short Term Investments218.1M248.7M120.2M102.9M114.4M92.5M
Net Receivables278.4M294.8M361.7M312.4M312.8M207.4M
Common Stock Shares Outstanding45.0M53.4M51.7M54.6M49.7M46.5M
Liabilities And Stockholders Equity2.5B2.6B2.8B2.4B2.4B1.2B
Non Current Liabilities Total1.3B1.3B1.9B1.7B1.8B1.9B
Inventory413.8M472.8M669.2M507.1M425.5M219.6M
Other Current Assets289.3M352.4M126.1M58.1M76.8M60.8M
Other Stockholder Equity143.8M162.0M195.1M82.6M(199.7M)(189.7M)
Total Liab1.8B1.8B2.3B2.1B2.1B2.3B
Property Plant And Equipment Gross505.6M437.2M478.0M449.2M834.2M875.9M
Total Current Assets1.1B1.4B1.2B980.6M929.5M615.4M
Accumulated Other Comprehensive Income(72.1M)(46.0M)(82.7M)(70.0M)(58.0M)(55.1M)
Short Term Debt39.6M72.2M76.0M42.3M78.3M82.2M
Intangible Assets355.0M350.0M761.9M635.2M618.8M649.7M
Accounts Payable172.5M260.0M194.8M116.6M119.4M127.7M
Common Stock20.7M20.9M21.1M21.2M24.4M25.6M
Common Stock Total Equity20.7M20.9M21.1M21.2M24.4M17.4M
Other Liab133.5M113.4M194.9M137.4M158.0M106.7M
Other Assets39.3M25.0M26.1M26.0M29.9M36.4M
Long Term Debt1.0B1.0B1.6B1.5B1.5B1.6B
Good Will442.6M426.1M335.8M327.9M329.4M312.9M
Treasury Stock(536.3M)(413.5M)(416.9M)(420.1M)(378.1M)(397.0M)
Property Plant Equipment505.6M437.2M478.0M449.2M516.5M333.7M
Current Deferred Revenue124.7M171.6M145.1M48.6M55.9M103.9M
Net Tangible Assets(97.5M)31.0M(620.1M)(647.9M)(583.1M)(553.9M)
Short Term Investments1.5M1.7M16.0M62K71.3K67.7K
Long Term Debt Total1.1B1.0B1.0B1.6B1.8B1.0B
Capital Surpluse519.0M583.0M602.2M628.0M722.2M579.8M

Currently Active Assets on Macroaxis

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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.