Gorman Gross Profit Margin vs Total Current Liabilities Analysis
GRC Stock | USD 42.58 0.59 1.41% |
Gorman Rupp financial indicator trend analysis is much more than just examining Gorman Rupp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gorman Rupp is a good investment. Please check the relationship between Gorman Rupp Gross Profit Margin and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gorman Rupp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.
Gross Profit Margin vs Total Current Liabilities
Gross Profit Margin vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gorman Rupp Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Gorman Rupp's Gross Profit Margin and Total Current Liabilities is 0.01. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Gorman Rupp, assuming nothing else is changed. The correlation between historical values of Gorman Rupp's Gross Profit Margin and Total Current Liabilities 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 Margin of Gorman Rupp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Gross Profit Margin i.e., Gorman Rupp's Gross Profit Margin and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit Margin
Total Current Liabilities
Total Current Liabilities is an item on Gorman Rupp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gorman Rupp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Gorman Rupp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gorman Rupp 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 Gorman Rupp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.The current year's Enterprise Value is expected to grow to about 1.4 B, whereas Selling General Administrative is forecasted to decline to about 47 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 95.9M | 130.9M | 196.3M | 206.1M | Total Revenue | 378.3M | 521.0M | 659.5M | 692.5M |
Gorman Rupp fundamental ratios Correlations
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Gorman Rupp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gorman Rupp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 382.8M | 394.5M | 420.8M | 872.8M | 890.4M | 934.9M | |
Other Current Liab | 23.9M | 21.0M | 25.6M | 36.3M | 43.0M | 45.2M | |
Total Current Liabilities | 45.5M | 38.5M | 52.4M | 85.2M | 100.7M | 105.7M | |
Total Stockholder Equity | 307.9M | 315.5M | 330.0M | 331.2M | 349.5M | 176.6M | |
Property Plant And Equipment Net | 111.8M | 108.7M | 104.3M | 128.6M | 155.1M | 79.6M | |
Net Debt | (78.7M) | (106.5M) | (124.1M) | 430.0M | 373.9M | 392.6M | |
Retained Earnings | 330.2M | 340.1M | 353.4M | 346.7M | 363.5M | 381.7M | |
Cash | 80.6M | 108.2M | 125.2M | 6.8M | 30.5M | 26.8M | |
Non Current Assets Total | 155.1M | 147.6M | 143.6M | 647.3M | 654.2M | 687.0M | |
Non Currrent Assets Other | 8.3M | 4.8M | 6.2M | 11.6M | 4.6M | 6.1M | |
Cash And Short Term Investments | 80.6M | 108.2M | 125.2M | 6.8M | 30.5M | 27.6M | |
Net Receivables | 65.4M | 50.8M | 58.5M | 93.1M | 89.6M | 45.6M | |
Common Stock Shares Outstanding | 26.1M | 26.1M | 26.1M | 26.1M | 26.2M | 21.5M | |
Liabilities And Stockholders Equity | 382.8M | 394.5M | 420.8M | 872.8M | 890.4M | 934.9M | |
Non Current Liabilities Total | 29.4M | 40.4M | 38.3M | 456.4M | 440.2M | 462.2M | |
Inventory | 76.0M | 82.7M | 85.6M | 111.1M | 104.2M | 56.8M | |
Other Current Assets | 5.7M | 10.3M | 15.6M | 29.1M | 11.8M | 9.7M | |
Other Stockholder Equity | 1.1M | 693K | 1.8M | 3.9M | 5.8M | 5.5M | |
Total Liab | 74.9M | 78.9M | 90.8M | 541.6M | 540.9M | 567.9M | |
Property Plant And Equipment Gross | 111.8M | 108.7M | 104.3M | 338.0M | 355.3M | 373.1M | |
Total Current Assets | 227.7M | 246.8M | 277.2M | 225.5M | 236.1M | 136.5M | |
Accumulated Other Comprehensive Income | (28.5M) | (30.4M) | (30.3M) | (24.5M) | (24.9M) | (26.2M) | |
Short Term Debt | 640K | 710K | 580K | 17.5M | 21.9M | 23.0M | |
Accounts Payable | 16.0M | 9.5M | 17.6M | 24.7M | 23.3M | 12.5M | |
Other Liab | 28.2M | 39.5M | 38.3M | 36.0M | 41.4M | 32.4M | |
Other Assets | 6.5M | 4.8M | 6.2M | 11.6M | 13.3M | 7.6M | |
Property Plant Equipment | 111.8M | 108.7M | 104.3M | 128.6M | 147.9M | 104.4M | |
Current Deferred Revenue | 4.9M | 8.0M | 9.2M | 6.7M | 12.5M | 7.3M | |
Good Will | 27.2M | 27.5M | 27.2M | 257.7M | 257.7M | 270.6M | |
Intangible Assets | 7.8M | 6.6M | 5.8M | 249.4M | 236.8M | 248.7M | |
Net Tangible Assets | 307.9M | 281.3M | 296.9M | 81.8M | 73.6M | 70.0M | |
Retained Earnings Total Equity | 330.2M | 340.1M | 353.4M | 346.7M | 398.7M | 308.5M | |
Capital Surpluse | 1.1M | 693K | 1.8M | 3.9M | 4.5M | 4.7M | |
Non Current Liabilities Other | 3.9M | 3.0M | 1.6M | 5.3M | 23.4M | 24.5M |
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 Gorman Rupp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gorman Rupp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gorman Rupp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gorman Rupp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gorman Rupp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 Gorman Rupp. If investors know Gorman 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 Gorman Rupp 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 0.437 | Dividend Share 0.72 | Earnings Share 1.46 | Revenue Per Share 25.086 | Quarterly Revenue Growth 0.004 |
The market value of Gorman Rupp is measured differently than its book value, which is the value of Gorman that is recorded on the company's balance sheet. Investors also form their own opinion of Gorman Rupp's value that differs from its market value or its book value, called intrinsic value, which is Gorman Rupp'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 Gorman Rupp's market value can be influenced by many factors that don't directly affect Gorman Rupp'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 Gorman Rupp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorman Rupp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gorman Rupp'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.