By analyzing existing fundamental indicators between Great Lakes and Walmart, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Walmart with a short position in Great Lakes. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Great Lakes has an asset utilization ratio of 82.71 percent. This indicates that the company is making $0.83 for each dollar of assets. An increasing asset utilization means that Great Lakes Drg is more efficient with each dollar of assets it utilizes for everyday operations.
Investment perspective, in general, refers to a viewpoint or opinion regarding investment opportunity in Great Lakes. It encompasses the assessment of an investment's potential risks and rewards, and expectations for its
performance over time. Several factors influence the investment perspective on Great Lakes, including investment goals, risk tolerance, time horizon, market conditions, and research and analysis. Investors have varying goals, such as capital preservation, income generation, or long-term growth. Risk tolerance plays a significant role in shaping an investor's perspective, with some being more risk-averse and others willing to take on higher risks for potential returns.
How important is Great Lakes's Liquidity
Great Lakes
financial leverage refers to using borrowed capital as a funding source to finance Great Lakes Dredge ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Great Lakes financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Great Lakes' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Great Lakes' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Great Lakes's total debt and its cash.
Great Lakes Gross Profit
Great Lakes Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Great Lakes previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Great Lakes Gross Profit growth over the last 10 years. Please check Great Lakes'
gross profit and other
fundamental indicators for more details.
Is Great Lakes valued correctly by the market?
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Lets now check Great Lakes revenue. Based on the latest financial disclosure, Great Lakes Drg reported 742.87
M of revenue. This is 78.77% lower than that of the Industrials sector and 86.77% lower than that of the
Engineering & Construction industry. The revenue for all United States stocks is 92.13% higher than that of Great Lakes. As for Walmart we see revenue of 576.01
B, which is much higher than that of the Engineering & Construction
| GLDD | 742.87 Million | 0.13 |
| Sector | 3.5 Billion | 0.6 |
| WMT | 576.01 Billion | 99.27 |
Another 3 percent surge for Great Lakes
Potential upside is down to 2.76. It may indicate a possible volatility dip.
As of the 1st of November, Great Lakes retains the
risk adjusted performance of
(0.28), and Market Risk Adjusted Performance of
(0.59). Great Lakes
technical analysis makes it possible for you to employ
historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen
technical drivers for Great Lakes Drg, which can be compared to its competitors. Please check out
Great Lakes Drg coefficient of variation,
maximum drawdown,
skewness, as well as the
relationship between the
information ratio and
downside variance to decide if Great Lakes is priced fairly, providing market reflects its last-minute price of 7.8 per share. Given that Great Lakes Drg has
jensen alpha of
(0.74), we strongly advise you to confirm Great Lakes Drg's regular market performance to make sure the company can sustain itself at a future point.
Our Final Perspective on Great Lakes
Although other companies under the engineering & construction industry are still a bit expensive, Great Lakes may offer a potential longer-term growth to shareholders. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Great as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Great Lakes.
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Aina Ster is a Member of Macroaxis Editorial Board. Aina delivers weekly perspective on ongoing market and economic trends, analysis and tips from predictive analysis to forecasting across various financial instruments.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Aina Ster do not own shares of Great Lakes Dredge. Please refer to our
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