Griffon Total Liab vs Intangible Assets Analysis

GFF Stock  USD 67.67  0.36  0.53%   
Griffon financial indicator trend analysis is much more than just examining Griffon latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Griffon is a good investment. Please check the relationship between Griffon Total Liab and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.

Total Liab vs Intangible Assets

Total Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Griffon Total Liab account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Griffon's Total Liab and Intangible Assets is 0.93. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Griffon, assuming nothing else is changed. The correlation between historical values of Griffon's Total Liab and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Griffon are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., Griffon's Total Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Griffon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Griffon 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 Griffon. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.At this time, Griffon's Discontinued Operations is most likely to increase significantly in the upcoming years. The Griffon's current Enterprise Value is estimated to increase to about 787.1 M, while Selling General Administrative is projected to decrease to roughly 314.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit936.9M948.8M1.1B1.1B
Total Revenue2.8B2.7B3.1B3.2B

Griffon fundamental ratios Correlations

0.920.220.750.460.920.880.440.40.970.560.40.840.590.940.930.680.230.970.920.760.730.840.450.850.8
0.920.20.540.080.840.990.110.120.950.310.120.70.471.00.970.470.090.990.840.550.810.960.160.680.64
0.220.20.350.06-0.040.220.12-0.040.13-0.2-0.040.23-0.110.20.320.1-0.060.22-0.040.40.10.240.270.040.11
0.750.540.350.660.630.490.790.470.630.570.470.860.440.550.630.690.060.630.630.960.370.390.80.740.87
0.460.080.060.660.47-0.020.820.830.330.740.830.560.460.120.190.680.490.210.470.650.09-0.010.720.580.54
0.920.84-0.040.630.470.790.390.450.950.70.450.820.620.860.830.680.350.881.00.610.730.770.380.830.75
0.880.990.220.49-0.020.790.05-0.010.910.23-0.010.650.410.990.950.4-0.010.970.790.50.770.960.120.640.61
0.440.110.120.790.820.390.050.470.30.520.470.530.150.140.210.47-0.080.240.390.69-0.06-0.080.930.660.64
0.40.12-0.040.470.830.45-0.010.470.310.691.00.490.570.140.180.620.760.20.450.520.380.110.290.310.33
0.970.950.130.630.330.950.910.30.310.540.310.820.590.960.950.630.240.970.950.620.750.910.330.810.75
0.560.31-0.20.570.740.70.230.520.690.540.690.760.710.360.310.730.570.40.70.610.280.240.420.70.72
0.40.12-0.040.470.830.45-0.010.471.00.310.690.490.570.140.180.620.760.20.450.520.380.110.290.310.33
0.840.70.230.860.560.820.650.530.490.820.760.490.670.720.750.740.280.760.820.870.510.630.560.790.91
0.590.47-0.110.440.460.620.410.150.570.590.710.570.670.510.450.840.620.510.620.560.410.490.060.590.67
0.941.00.20.550.120.860.990.140.140.960.360.140.720.510.970.510.120.990.860.570.790.960.180.720.67
0.930.970.320.630.190.830.950.210.180.950.310.180.750.450.970.530.130.970.830.630.780.940.30.680.66
0.680.470.10.690.680.680.40.470.620.630.730.620.740.840.510.530.550.550.680.740.380.430.440.720.75
0.230.09-0.060.060.490.35-0.01-0.080.760.240.570.760.280.620.120.130.550.120.350.190.380.2-0.130.090.07
0.970.990.220.630.210.880.970.240.20.970.40.20.760.510.990.970.550.120.880.640.780.930.280.770.72
0.920.84-0.040.630.471.00.790.390.450.950.70.450.820.620.860.830.680.350.880.610.730.770.380.830.75
0.760.550.40.960.650.610.50.690.520.620.610.520.870.560.570.630.740.190.640.610.410.440.680.730.87
0.730.810.10.370.090.730.77-0.060.380.750.280.380.510.410.790.780.380.380.780.730.410.82-0.080.330.34
0.840.960.240.39-0.010.770.96-0.080.110.910.240.110.630.490.960.940.430.20.930.770.440.820.00.530.51
0.450.160.270.80.720.380.120.930.290.330.420.290.560.060.180.30.44-0.130.280.380.68-0.080.00.620.63
0.850.680.040.740.580.830.640.660.310.810.70.310.790.590.720.680.720.090.770.830.730.330.530.620.91
0.80.640.110.870.540.750.610.640.330.750.720.330.910.670.670.660.750.070.720.750.870.340.510.630.91
Click cells to compare fundamentals

Griffon Account Relationship Matchups

Griffon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.8B2.4B2.8B2.9B
Short Long Term Debt Total1.2B1.2B1.8B1.6B1.9B2.0B
Other Current Liab3.8M84.0M184.5M7.1M6.4M6.1M
Total Current Liabilities449.2M531.6M423.6M359.1M413.0M239.7M
Total Stockholder Equity700.2M807.2M477.6M315.2M362.5M386.8M
Property Plant And Equipment Net505.6M437.2M478.0M449.2M516.5M542.4M
Net Debt996.8M946.2M1.6B1.5B1.8B1.9B
Retained Earnings607.5M670.0M344.1M281.5M323.7M313.8M
Cash218.1M248.7M120.2M102.9M118.3M91.7M
Non Current Assets Total1.3B1.2B1.6B1.4B1.7B1.7B
Non Currrent Assets Other39.3M25.0M26.1M26.0M29.9M19.3M
Cash And Short Term Investments218.1M248.7M120.2M102.9M118.3M91.7M
Net Receivables348.1M294.8M361.7M312.4M359.3M205.9M
Common Stock Shares Outstanding45.0M53.4M51.7M54.6M62.8M46.3M
Liabilities And Stockholders Equity2.5B2.6B2.8B2.4B2.8B2.9B
Non Current Liabilities Total1.3B1.3B1.9B1.7B2.0B2.1B
Inventory413.8M472.8M669.2M507.1M583.2M612.4M
Other Current Assets46.9M76.0M63.6M57.1M65.7M43.7M
Other Stockholder Equity143.8M162.0M195.1M82.6M94.9M92.9M
Total Liab1.8B1.8B2.3B2.1B2.4B2.5B
Property Plant And Equipment Gross505.6M437.2M478.0M449.2M516.5M542.4M
Total Current Assets1.1B1.4B1.2B980.6M1.1B605.0M
Accumulated Other Comprehensive Income(72.1M)(46.0M)(82.7M)(70.0M)(63.0M)(59.9M)
Short Term Debt41.8M42.4M44.3M42.3M48.6M51.0M
Intangible Assets355.0M350.0M761.9M635.2M730.5M767.1M
Accounts Payable232.1M260.1M194.8M116.6M134.1M129.5M
Common Stock20.7M20.9M21.1M21.2M24.4M25.6M
Common Stock Total Equity20.7M20.9M21.1M21.2M24.4M17.4M
Other Liab133.5M113.4M194.9M137.4M158.0M106.7M
Other Assets39.3M25.0M26.1M26.0M29.9M36.4M
Long Term Debt1.0B1.0B1.6B1.5B1.7B1.8B
Good Will442.6M426.1M335.8M327.9M295.1M280.3M
Treasury Stock(536.3M)(413.5M)(416.9M)(420.1M)(378.1M)(397.0M)
Property Plant Equipment505.6M437.2M478.0M449.2M516.5M333.7M
Current Deferred Revenue124.7M171.6M145.1M193.1M222.1M112.3M
Net Tangible Assets(97.5M)31.0M(620.1M)(647.9M)(583.1M)(553.9M)
Short Term Investments1.5M1.7M16.0M62K71.3K67.7K
Long Term Debt Total1.1B1.0B1.0B1.6B1.8B1.0B
Capital Surpluse519.0M583.0M602.2M628.0M722.2M579.8M

Currently Active Assets on Macroaxis

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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
Note that the Griffon information on this page should be used as a complementary analysis to other Griffon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Griffon Stock analysis

When running Griffon's price analysis, check to measure Griffon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Griffon is operating at the current time. Most of Griffon's value examination focuses on studying past and present price action to predict the probability of Griffon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Griffon's price. Additionally, you may evaluate how the addition of Griffon to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Is Griffon's industry 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.