Great Non Recurring vs Selling General Administrative 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 Non Recurring and its Selling General Administrative 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.
Non Recurring vs Selling General Administrative
Non Recurring vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Lakes Dredge Non Recurring account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Great Lakes' Non Recurring and Selling General Administrative is 0.48. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Selling General Administrative 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' Non Recurring and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Great Lakes Dredge are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Recurring i.e., Great Lakes' Non Recurring and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Recurring
Selling General Administrative
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
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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 |
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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.