Graco Property Plant And Equipment Net vs Non Current Liabilities Total Analysis
GGG Stock | USD 83.41 0.07 0.08% |
Graco financial indicator trend analysis is much more than just examining Graco Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Graco Inc is a good investment. Please check the relationship between Graco Property Plant And Equipment Net and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Property Plant And Equipment Net vs Non Current Liabilities Total
Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Graco Inc Property Plant And Equipment Net account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Graco's Property Plant And Equipment Net and Non Current Liabilities Total is -0.54. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Graco Inc, assuming nothing else is changed. The correlation between historical values of Graco's Property Plant And Equipment Net and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Graco Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., Graco's Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Non Current Liabilities Total
Most indicators from Graco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graco Inc 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 Graco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, Graco's Enterprise Value Multiple is most likely to increase in the upcoming years. The Graco's current Enterprise Value is estimated to increase to about 2.4 B, while Tax Provision is projected to decrease to roughly 65 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 1.1B | 1.2B | 1.2B | Total Revenue | 2.0B | 2.1B | 2.2B | 2.3B |
Graco fundamental ratios Correlations
Click cells to compare fundamentals
Graco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Graco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.0B | 2.4B | 2.4B | 2.7B | 2.9B | |
Short Long Term Debt Total | 196.2M | 201.4M | 217.0M | 117.0M | 50.1M | 47.6M | |
Other Current Liab | 190.3M | 199.2M | 249.3M | 244.0M | 233.1M | 244.8M | |
Total Current Liabilities | 285.3M | 321.4M | 506.8M | 399.9M | 395.2M | 415.0M | |
Total Stockholder Equity | 1.0B | 1.3B | 1.7B | 1.9B | 2.2B | 2.3B | |
Property Plant And Equipment Net | 355.4M | 388.6M | 481.1M | 637.4M | 760.5M | 798.5M | |
Net Debt | (24.8M) | (177.5M) | (407.3M) | (222.2M) | (487.9M) | (463.5M) | |
Retained Earnings | 449.0M | 568.3M | 876.9M | 976.9M | 1.2B | 1.3B | |
Accounts Payable | 54.1M | 58.3M | 78.4M | 84.2M | 72.2M | 75.8M | |
Cash | 221.0M | 378.9M | 624.3M | 339.2M | 538.0M | 564.8M | |
Non Current Assets Total | 900.7M | 964.3M | 1.1B | 1.2B | 1.4B | 1.4B | |
Non Currrent Assets Other | 28.1M | 34.1M | 29.1M | 24.4M | 25.6M | 16.8M | |
Cash And Short Term Investments | 221.0M | 378.9M | 624.3M | 339.2M | 538.0M | 564.8M | |
Net Receivables | 267.3M | 314.9M | 325.1M | 346.0M | 354.4M | 372.2M | |
Common Stock Total Equity | 167.3M | 168.6M | 170.3M | 167.7M | 192.9M | 202.5M | |
Common Stock Shares Outstanding | 171.6M | 172.0M | 174.5M | 172.9M | 172.2M | 175.3M | |
Liabilities And Stockholders Equity | 1.7B | 2.0B | 2.4B | 2.4B | 2.7B | 2.9B | |
Non Current Liabilities Total | 382.0M | 382.8M | 227.1M | 179.3M | 102.6M | 199.5M | |
Inventory | 273.2M | 285.7M | 382.3M | 476.8M | 438.3M | 460.3M | |
Other Current Assets | 29.9M | 44.2M | 31.9M | 43.6M | 35.1M | 36.8M | |
Other Stockholder Equity | 578.4M | 671.2M | 742.3M | 784.5M | 863.3M | 906.5M | |
Total Liab | 667.3M | 704.2M | 733.9M | 579.2M | 497.8M | 355.4M | |
Property Plant And Equipment Gross | 355.4M | 350.8M | 481.1M | 637.4M | 1.2B | 1.3B | |
Total Current Assets | 791.5M | 1.0B | 1.4B | 1.2B | 1.4B | 1.4B | |
Accumulated Other Comprehensive Income | (169.8M) | (124.2M) | (80.2M) | (69.4M) | (35.0M) | (36.7M) | |
Short Term Debt | 7.7M | 22.2M | 118.5M | 21.0M | 38.3M | 40.2M | |
Common Stock | 167.3M | 168.6M | 170.3M | 167.7M | 167.9M | 176.3M | |
Other Liab | 193.5M | 203.6M | 128.5M | 83.3M | 95.8M | 111.5M | |
Other Assets | 64.4M | 105.3M | 92.5M | 90.2M | 103.7M | 108.9M | |
Long Term Debt | 266.4M | 164.3M | 150M | 75M | 86.3M | 81.9M | |
Intangible Assets | 162.6M | 160.7M | 149.7M | 137.5M | 128.9M | 105.9M | |
Property Plant Equipment | 325.5M | 350.8M | 481.1M | 637.4M | 733.0M | 769.7M | |
Good Will | 307.7M | 347.6M | 356.3M | 368.2M | 370.2M | 202.3M | |
Current Deferred Revenue | 33.1M | 41.7M | 60.6M | 50.7M | 51.6M | 30.0M | |
Net Tangible Assets | 578.8M | 804.9M | 1.2B | 1.4B | 1.6B | 1.7B | |
Retained Earnings Total Equity | 449.0M | 568.3M | 876.9M | 976.9M | 1.1B | 1.2B | |
Long Term Debt Total | 266.4M | 164.3M | 150M | 75M | 67.5M | 64.1M | |
Capital Surpluse | 578.4M | 671.2M | 742.3M | 784.5M | 902.1M | 528.5M |
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When determining whether Graco Inc is a strong investment it is important to analyze Graco'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 Graco's future performance. For an informed investment choice regarding Graco 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 Graco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Graco Inc information on this page should be used as a complementary analysis to other Graco'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running Graco's price analysis, check to measure Graco'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 Graco is operating at the current time. Most of Graco's value examination focuses on studying past and present price action to predict the probability of Graco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graco's price. Additionally, you may evaluate how the addition of Graco to your portfolios can decrease your overall portfolio volatility.
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Is Graco'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 Graco. If investors know Graco 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 Graco 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 (0.05) | Dividend Share 0.98 | Earnings Share 2.9 | Revenue Per Share 12.803 | Quarterly Revenue Growth (0.07) |
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco'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 Graco's market value can be influenced by many factors that don't directly affect Graco'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 Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco'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.