Granite Cash And Short Term Investments from 2010 to 2024

GVA Stock  USD 61.29  1.00  1.61%   
Granite Construction's Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 313.3 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1988-12-31
Previous Quarter
453.5 M
Current Value
506.2 M
Quarterly Volatility
198.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Construction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Construction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 67.7 M, Interest Expense of 19.4 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0127 or PTB Ratio of 2.05. Granite financial statements analysis is a perfect complement when working with Granite Construction Valuation or Volatility modules.
  
Check out the analysis of Granite Construction Correlation against competitors.

Latest Granite Construction's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Granite Construction Incorporated over the last few years. Short Term Investments is an account in the current assets section of Granite Construction balance sheet. This account contains Granite Construction investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Granite Construction Incorporated fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Granite Construction's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Construction's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Granite Cash And Short Term Investments Regression Statistics

Arithmetic Mean465,398,987
Geometric Mean417,160,746
Coefficient Of Variation29.80
Mean Deviation86,011,618
Median483,883,000
Standard Deviation138,688,231
Sample Variance19234.4T
Range580M
R-Value0.38
Mean Square Error17735.8T
R-Squared0.14
Significance0.16
Slope11,759,038
Total Sum of Squares269282T

Granite Cash And Short Term Investments History

2024313.3 M
2023453.5 M
2022517.2 M
2021585.6 M
2020624.9 M
2019483.2 M
2018585 M

About Granite Construction Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Granite Construction income statement, its balance sheet, and the statement of cash flows. Granite Construction investors use historical funamental indicators, such as Granite Construction's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Granite Construction investors may use each financial statement separately, they are all related. The changes in Granite Construction's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Granite Construction'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 Granite Construction Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Granite Construction. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments453.5 M313.3 M

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Additional Information and Resources on Investing in Granite Stock

When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction'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 Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:
Check out the analysis of Granite Construction Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Construction & Engineering 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 Granite Construction. If investors know Granite 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 Granite Construction 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
0.295
Dividend Share
0.52
Earnings Share
0.8
Revenue Per Share
82.425
Quarterly Revenue Growth
0.2
The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction'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 Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction'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 Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Construction'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.