Graco Gross Profit vs Interest Income Analysis
GGG Stock | USD 91.08 1.48 1.65% |
Graco financial indicator trend analysis is much more than just examining Graco Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Graco Inc is a good investment. Please check the relationship between Graco Gross Profit and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Gross Profit vs Interest Income
Gross Profit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Graco Inc Gross Profit account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Graco's Gross Profit and Interest Income is -0.82. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income in the same time period over historical financial statements of Graco Inc, assuming nothing else is changed. The correlation between historical values of Graco's Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Graco Inc are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., Graco's Gross Profit and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Graco Inc minus its cost of goods sold. It is profit before Graco operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Graco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graco Inc 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 Graco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Graco's Enterprise Value Multiple is most likely to increase in the upcoming years. The Graco's current Enterprise Value is estimated to increase to about 2.4 B, while Tax Provision is projected to decrease to roughly 65 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 1.1B | 1.2B | 1.2B | Total Revenue | 2.0B | 2.1B | 2.2B | 2.3B |
Graco fundamental ratios Correlations
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Graco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Graco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.0B | 2.4B | 2.4B | 2.7B | 2.9B | |
Short Long Term Debt Total | 196.2M | 201.4M | 217.0M | 117.0M | 50.1M | 47.6M | |
Other Current Liab | 190.3M | 221.2M | 235.0M | 208.8M | 223.3M | 234.5M | |
Total Current Liabilities | 285.3M | 321.4M | 506.8M | 399.9M | 395.2M | 415.0M | |
Total Stockholder Equity | 1.0B | 1.3B | 1.7B | 1.9B | 2.2B | 2.3B | |
Property Plant And Equipment Net | 355.4M | 388.6M | 481.1M | 637.4M | 760.5M | 798.5M | |
Net Debt | (24.8M) | (177.5M) | (407.3M) | (222.2M) | (487.9M) | (463.5M) | |
Retained Earnings | 449.0M | 568.3M | 876.9M | 976.9M | 1.2B | 1.3B | |
Accounts Payable | 54.1M | 58.3M | 78.4M | 84.2M | 72.2M | 75.8M | |
Cash | 221.0M | 378.9M | 624.3M | 339.2M | 538.0M | 564.8M | |
Non Current Assets Total | 900.7M | 964.3M | 1.1B | 1.2B | 1.4B | 1.4B | |
Non Currrent Assets Other | 28.1M | 34.1M | 29.1M | 24.4M | 25.6M | 16.8M | |
Cash And Short Term Investments | 221.0M | 378.9M | 624.3M | 339.2M | 538.0M | 564.8M | |
Net Receivables | 267.3M | 314.9M | 325.1M | 346.0M | 354.4M | 372.2M | |
Common Stock Total Equity | 167.3M | 168.6M | 170.3M | 167.7M | 192.9M | 202.5M | |
Common Stock Shares Outstanding | 171.6M | 172.0M | 174.5M | 172.9M | 172.2M | 175.3M | |
Liabilities And Stockholders Equity | 1.7B | 2.0B | 2.4B | 2.4B | 2.7B | 2.9B | |
Non Current Liabilities Total | 382.0M | 382.8M | 227.1M | 179.3M | 102.6M | 199.5M | |
Inventory | 273.2M | 285.7M | 382.3M | 476.8M | 438.3M | 460.3M | |
Other Current Assets | 29.9M | 44.2M | 31.9M | 43.6M | 35.1M | 36.8M | |
Other Stockholder Equity | 578.4M | 671.2M | 742.3M | 784.5M | 863.3M | 906.5M | |
Total Liab | 667.3M | 704.2M | 733.9M | 579.2M | 497.8M | 355.4M | |
Property Plant And Equipment Gross | 355.4M | 350.8M | 481.1M | 637.4M | 1.2B | 1.3B | |
Total Current Assets | 791.5M | 1.0B | 1.4B | 1.2B | 1.4B | 1.4B | |
Accumulated Other Comprehensive Income | (169.8M) | (124.2M) | (80.2M) | (69.4M) | (35.0M) | (36.7M) | |
Short Term Debt | 7.7M | 33.4M | 127.6M | 30.5M | 38.3M | 40.2M | |
Common Stock | 167.3M | 168.6M | 170.3M | 167.7M | 167.9M | 176.3M | |
Other Liab | 193.5M | 203.6M | 128.5M | 83.3M | 95.8M | 111.5M | |
Other Assets | 64.4M | 105.3M | 92.5M | 90.2M | 103.7M | 108.9M | |
Long Term Debt | 266.4M | 164.3M | 150M | 75M | 86.3M | 81.9M | |
Intangible Assets | 162.6M | 160.7M | 149.7M | 137.5M | 128.9M | 105.9M | |
Property Plant Equipment | 325.5M | 350.8M | 481.1M | 637.4M | 733.0M | 769.7M | |
Good Will | 307.7M | 347.6M | 356.3M | 368.2M | 370.2M | 202.3M | |
Current Deferred Revenue | 33.1M | 41.7M | 60.6M | 50.7M | 51.6M | 30.0M | |
Net Tangible Assets | 578.8M | 804.9M | 1.2B | 1.4B | 1.6B | 1.7B | |
Retained Earnings Total Equity | 449.0M | 568.3M | 876.9M | 976.9M | 1.1B | 1.2B | |
Long Term Debt Total | 266.4M | 164.3M | 150M | 75M | 67.5M | 64.1M | |
Capital Surpluse | 578.4M | 671.2M | 742.3M | 784.5M | 902.1M | 528.5M |
Currently Active Assets on Macroaxis
When determining whether Graco Inc is a strong investment it is important to analyze Graco'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 Graco's future performance. For an informed investment choice regarding Graco 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 Graco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Industrial Machinery & Supplies & Components 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 Graco. If investors know Graco 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 Graco 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 (0.08) | Dividend Share 1.02 | Earnings Share 2.83 | Revenue Per Share 12.64 | Quarterly Revenue Growth (0.04) |
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco'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 Graco's market value can be influenced by many factors that don't directly affect Graco'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 Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco'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.