Great Interest Expense from 2010 to 2024

GLDD Stock  USD 7.44  0.19  2.49%   
Great Lakes' Interest Expense is increasing over the years with very volatile fluctuation. Overall, Interest Expense is expected to go to about 14.8 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
2.8 M
Current Value
2.8 M
Quarterly Volatility
M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Great Lakes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Great main balance sheet or income statement drivers, such as Interest Expense of 14.8 M, Selling General Administrative of 53.8 M or Total Revenue of 652.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0019 or PTB Ratio of 1.26. Great financial statements analysis is a perfect complement when working with Great Lakes Valuation or Volatility modules.
  
This module can also supplement Great Lakes' financial leverage analysis and stock options assessment as well as various Great Lakes Technical models . Check out the analysis of Great Lakes Correlation against competitors.

Latest Great Lakes' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Great Lakes Dredge over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Great Lakes' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Great Lakes' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Very volatile
   Interest Expense   
       Timeline  

Great Interest Expense Regression Statistics

Arithmetic Mean20,543,744
Geometric Mean0.00
Coefficient Of Variation38.53
Mean Deviation5,559,541
Median21,665,000
Standard Deviation7,916,407
Sample Variance62.7T
Range33.6M
R-Value0.1
Mean Square Error66.9T
R-Squared0.01
Significance0.73
Slope171,118
Total Sum of Squares877.4T

Great Interest Expense History

202414.8 M
202312.1 M
202214.1 M
202121.6 M
202026.6 M
201927.5 M
201833.6 M

About Great Lakes Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Great Lakes income statement, its balance sheet, and the statement of cash flows. Great Lakes investors use historical funamental indicators, such as Great Lakes's Interest Expense, to determine how well the company is positioned to perform in the future. Although Great Lakes investors may use each financial statement separately, they are all related. The changes in Great Lakes's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Great Lakes'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 Great Lakes Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Great Lakes. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense12.1 M14.8 M

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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 the analysis of Great Lakes Correlation against competitors.
Note that the Great Lakes Dredge information on this page should be used as a complementary analysis to other Great Lakes' 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Great Lakes' price analysis, check to measure Great Lakes' 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 Great Lakes is operating at the current time. Most of Great Lakes' value examination focuses on studying past and present price action to predict the probability of Great Lakes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Lakes' price. Additionally, you may evaluate how the addition of Great Lakes to your portfolios can decrease your overall portfolio volatility.
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Is Great Lakes' 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 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
0.292
Earnings Share
0.21
Revenue Per Share
8.871
Quarterly Revenue Growth
0.239
Return On Assets
0.0109
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.