Granite Other Current Liab from 2010 to 2024

GVA Stock  USD 60.17  1.12  1.83%   
Granite Construction's Other Current Liabilities is increasing over the years with slightly volatile fluctuation. Other Current Liabilities is expected to dwindle to about 182.2 M. From 2010 to 2024 Granite Construction Other Current Liabilities quarterly data regression line had arithmetic mean of  232,752,061 and r-squared of  0.35. View All Fundamentals
 
Other Current Liabilities  
First Reported
1988-12-31
Previous Quarter
320.9 M
Current Value
308.8 M
Quarterly Volatility
107.1 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 Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Granite Construction Incorporated over the last few years. It is Granite Construction's Other Current Liabilities 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.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Granite Other Current Liab Regression Statistics

Arithmetic Mean232,752,061
Geometric Mean204,455,322
Coefficient Of Variation52.36
Mean Deviation88,485,018
Median200,935,000
Standard Deviation121,878,690
Sample Variance14854.4T
Range461.2M
R-Value0.59
Mean Square Error10346.8T
R-Squared0.35
Significance0.02
Slope16,196,784
Total Sum of Squares207961.8T

Granite Other Current Liab History

2024182.2 M
2023320.9 M
2022288.5 M
2021536.2 M
2020404.5 M
201995.7 M
2018273.6 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 Other Current Liab, 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
Other Current Liabilities320.9 M182.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.