Great Minority Interest vs Ebitda Analysis
| GLDD Stock | USD 12.52 0.01 0.08% |
Great Lakes financial indicator trend analysis is much more than just examining Great Lakes Dredge latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Lakes Dredge is a good investment. Please check the relationship between Great Lakes Minority Interest and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Minority Interest vs Ebitda
Minority Interest vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Lakes Dredge Minority Interest account and Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Great Lakes' Minority Interest and Ebitda is -0.04. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Ebitda in the same time period over historical financial statements of Great Lakes Dredge, assuming nothing else is changed. The correlation between historical values of Great Lakes' Minority Interest and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Great Lakes Dredge are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Minority Interest i.e., Great Lakes' Minority Interest and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Great Lakes Dredge whose combined shares represent less than 50% of the total outstanding shares issued by Great Lakes have a minority interest in Great Lakes.Ebitda
Most indicators from Great Lakes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Lakes Dredge 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 Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, Great Lakes' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 145.3M | 31.2M | 75.3M | 60.5M | Total Revenue | 726.1M | 648.8M | 589.6M | 652.8M |
Great Lakes fundamental ratios Correlations
Click cells to compare fundamentals
Great Lakes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great Lakes fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 897.6M | 958.0M | 997.7M | 981.8M | 1.1B | 743.3M | |
| Other Current Liab | 51.2M | 50.7M | 18.0M | 1.2M | 34.4M | 52.9M | |
| Total Current Liabilities | 203.9M | 176.3M | 154.7M | 160.3M | 179.4M | 146.3M | |
| Other Liab | 40.2M | 111.3M | 123.0M | 66.7M | 76.7M | 80.5M | |
| Accounts Payable | 76.1M | 71.3M | 85.6M | 94.1M | 83.8M | 86.7M | |
| Cash | 187.0M | 216.5M | 145.5M | 6.5M | 22.8M | 45.5M | |
| Other Assets | 73.1M | 595.3M | 670.2M | 88.7M | 1.0 | 0.95 | |
| Long Term Debt | 322.8M | 323.7M | 321.0M | 321.5M | 412.1M | 299.2M | |
| Inventory | 30.2M | 34.7M | 30.8M | 29.2M | 33.9M | 34.2M | |
| Other Current Assets | 39.7M | 40.4M | 28.4M | 36.3M | 46.0M | 58.4M | |
| Total Liab | 618.2M | 611.4M | 598.7M | 613.6M | 725.3M | 519.9M | |
| Property Plant Equipment | 435.7M | 441.5M | 520.2M | 624.0M | 717.5M | 384.1M | |
| Total Stockholder Equity | 279.4M | 346.7M | 399.0M | 368.2M | 385.5M | 234.2M | |
| Net Debt | 208.3M | 172.6M | 238.2M | 406.9M | 480.4M | 504.4M | |
| Cash And Short Term Investments | 187.0M | 216.5M | 145.5M | 6.5M | 22.8M | 21.7M | |
| Common Stock Shares Outstanding | 65.0M | 65.9M | 66.3M | 66.1M | 67.0M | 51.4M | |
| Liabilities And Stockholders Equity | 897.6M | 958.0M | 997.7M | 981.8M | 1.1B | 763.7M | |
| Other Stockholder Equity | 302.2M | 304.8M | 308.5M | 312.1M | 317.3M | 239.9M | |
| Total Current Assets | 300.7M | 362.7M | 327.4M | 182.8M | 226.3M | 235.1M | |
| Short Long Term Debt Total | 395.3M | 389.1M | 383.7M | 413.4M | 503.2M | 332.6M | |
| Retained Earnings | (23.1M) | 40.9M | 90.4M | 56.3M | 70.2M | 73.7M | |
| Short Term Debt | 21.4M | 19.5M | 33.5M | 53.7M | 29.7M | 31.2M | |
| Current Deferred Revenue | 55.3M | 32.6M | 14.8M | 9.9M | 29.6M | 31.0M | |
| Non Current Assets Total | 596.8M | 595.3M | 670.2M | 798.9M | 884.5M | 577.0M | |
| Non Current Liabilities Total | 414.2M | 435.1M | 443.9M | 453.2M | 545.8M | 408.4M | |
| Property Plant And Equipment Net | 447.2M | 448.2M | 517.3M | 633.6M | 703.0M | 441.2M | |
| Non Currrent Assets Other | 73.1M | 70.5M | 76.3M | 29.6M | 104.9M | 110.2M | |
| Net Receivables | 42.3M | 71.1M | 122.8M | 110.8M | 123.5M | 108.6M | |
| Property Plant And Equipment Gross | 447.2M | 383.0M | 962.1M | 1.1B | 1.2B | 1.2B | |
| Accumulated Other Comprehensive Income | 295K | 968K | 140K | (191K) | (2.0M) | (1.9M) | |
| Net Tangible Assets | 202.8M | 270.1M | 399.0M | 291.6M | 335.4M | 224.8M | |
| Retained Earnings Total Equity | (23.1M) | 40.9M | 90.4M | 56.3M | 64.8M | 68.0M | |
| Long Term Debt Total | 322.8M | 323.7M | 321.0M | 321.5M | 369.7M | 357.7M | |
| Capital Surpluse | 302.2M | 304.8M | 308.5M | 312.1M | 358.9M | 318.5M |
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 Great Lakes Dredge is a strong investment it is important to analyze Great Lakes' 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 Great Lakes' future performance. For an informed investment choice regarding Great 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 Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for 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 Great Lakes. If investors know Great 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 Great Lakes 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 3.219 | Earnings Share 0.88 | Revenue Per Share 11.083 | Quarterly Revenue Growth 0.631 | Return On Assets 0.0481 |
The market value of Great Lakes Dredge is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Lakes' value that differs from its market value or its book value, called intrinsic value, which is Great Lakes' 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 Great Lakes' market value can be influenced by many factors that don't directly affect Great Lakes' 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 Great Lakes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Lakes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Lakes' 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.