Griffon Other Assets from 2010 to 2024

GFF Stock  USD 65.56  1.51  2.25%   
Griffon's Other Assets are decreasing over the last several years with very volatile swings. Other Assets are estimated to finish at about 36.4 M this year. During the period from 2010 to 2024 Griffon Other Assets regressed destribution of quarterly values had coefficient of variationof  145.40 and r-value of (0.08). View All Fundamentals
 
Other Assets  
First Reported
2000-03-31
Previous Quarter
24.2 M
Current Value
26 M
Quarterly Volatility
252.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Griffon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Griffon's main balance sheet or income statement drivers, such as Depreciation And Amortization of 38.5 M, Interest Expense of 110.8 M or Total Revenue of 3.2 B, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0612 or PTB Ratio of 6.2. Griffon financial statements analysis is a perfect complement when working with Griffon Valuation or Volatility modules.
  
Check out the analysis of Griffon Correlation against competitors.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.

Latest Griffon's Other Assets Growth Pattern

Below is the plot of the Other Assets of Griffon over the last few years. It is Griffon's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Griffon's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Very volatile
   Other Assets   
       Timeline  

Griffon Other Assets Regression Statistics

Arithmetic Mean41,854,655
Geometric Mean29,247,883
Coefficient Of Variation145.40
Mean Deviation29,102,313
Median26,139,000
Standard Deviation60,855,839
Sample Variance3703.4T
Range249.2M
R-Value(0.08)
Mean Square Error3960.2T
R-Squared0.01
Significance0.77
Slope(1,142,891)
Total Sum of Squares51848.1T

Griffon Other Assets History

202436.4 M
202329.9 M
202226 M
202126.1 M
202025 M
201939.3 M
201818.7 M

About Griffon Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Griffon income statement, its balance sheet, and the statement of cash flows. Griffon investors use historical funamental indicators, such as Griffon's Other Assets, to determine how well the company is positioned to perform in the future. Although Griffon investors may use each financial statement separately, they are all related. The changes in Griffon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Griffon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Griffon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Griffon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets29.9 M36.4 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Griffon Stock

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 the analysis of Griffon Correlation against competitors.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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
(0.07)
Dividend Share
0.55
Earnings Share
3.78
Revenue Per Share
52.934
Quarterly Revenue Growth
(0.05)
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.