Great Common Stock Shares Outstanding vs Other Current Liab Analysis

GLDD Stock  USD 8.75  1.71  24.29%   
Great Lakes financial indicator trend analysis is much more than just examining Great Lakes Dredge latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Lakes Dredge is a good investment. Please check the relationship between Great Lakes Common Stock Shares Outstanding and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Common Stock Shares Outstanding vs Other Current Liab

Common Stock Shares Outstanding vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Lakes Dredge Common Stock Shares Outstanding account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Great Lakes' Common Stock Shares Outstanding and Other Current Liab is 0.23. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Great Lakes Dredge, assuming nothing else is changed. The correlation between historical values of Great Lakes' Common Stock Shares Outstanding and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Great Lakes Dredge are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock Shares Outstanding i.e., Great Lakes' Common Stock Shares Outstanding and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Liab

Most indicators from Great Lakes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Lakes Dredge 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 Great Lakes Dredge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, Great Lakes' Enterprise Value Multiple is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit145.3M31.2M76.6M60.5M
Total Revenue726.1M648.8M589.6M652.8M

Great Lakes fundamental ratios Correlations

0.050.720.550.50.260.30.750.040.020.95-0.35-0.850.910.940.580.270.660.90.910.63-0.810.920.30.890.5
0.050.06-0.170.130.15-0.140.090.340.90.020.17-0.32-0.140.08-0.040.150.470.230.220.42-0.280.04-0.20.29-0.44
0.720.060.250.710.190.030.570.04-0.10.8-0.16-0.750.550.550.380.190.580.750.750.71-0.610.65-0.190.740.26
0.55-0.170.250.00.320.660.450.25-0.30.47-0.72-0.320.540.580.390.30.080.390.410.26-0.410.560.540.340.43
0.50.130.710.0-0.23-0.170.320.120.10.560.28-0.640.330.380.38-0.220.690.550.540.67-0.460.34-0.160.610.04
0.260.150.190.32-0.230.67-0.05-0.10.160.1-0.11-0.25-0.020.4-0.391.00.070.320.30.5-0.30.170.260.220.24
0.3-0.140.030.66-0.170.670.09-0.05-0.160.12-0.33-0.170.150.46-0.230.68-0.090.260.250.35-0.20.220.40.130.1
0.750.090.570.450.32-0.050.090.29-0.120.85-0.61-0.690.780.560.76-0.050.470.720.740.39-0.680.92-0.140.730.18
0.040.340.040.250.12-0.1-0.050.290.220.2-0.060.05-0.05-0.140.18-0.120.03-0.12-0.10.190.090.08-0.05-0.03-0.31
0.020.9-0.1-0.30.10.16-0.16-0.120.22-0.070.4-0.2-0.160.11-0.220.170.390.140.120.33-0.18-0.1-0.040.17-0.39
0.950.020.80.470.560.10.120.850.2-0.07-0.36-0.80.880.780.650.110.610.830.850.58-0.730.920.10.840.4
-0.350.17-0.16-0.720.28-0.11-0.33-0.61-0.060.4-0.360.22-0.51-0.31-0.49-0.10.09-0.31-0.340.090.37-0.6-0.1-0.24-0.29
-0.85-0.32-0.75-0.32-0.64-0.25-0.17-0.690.05-0.2-0.80.22-0.68-0.81-0.56-0.24-0.86-0.98-0.98-0.80.95-0.82-0.01-0.99-0.35
0.91-0.140.550.540.33-0.020.150.78-0.05-0.160.88-0.51-0.680.830.71-0.010.460.760.780.27-0.670.90.320.740.55
0.940.080.550.580.380.40.460.56-0.140.110.78-0.31-0.810.830.440.40.640.870.880.6-0.810.810.50.840.55
0.58-0.040.380.390.38-0.39-0.230.760.18-0.220.65-0.49-0.560.710.44-0.430.540.530.560.11-0.590.740.140.620.46
0.270.150.190.3-0.221.00.68-0.05-0.120.170.11-0.1-0.24-0.010.4-0.430.050.320.30.5-0.280.170.230.210.2
0.660.470.580.080.690.07-0.090.470.030.390.610.09-0.860.460.640.540.050.780.770.71-0.810.580.090.870.24
0.90.230.750.390.550.320.260.72-0.120.140.83-0.31-0.980.760.870.530.320.781.00.75-0.940.870.050.980.39
0.910.220.750.410.540.30.250.74-0.10.120.85-0.34-0.980.780.880.560.30.771.00.74-0.950.890.060.980.4
0.630.420.710.260.670.50.350.390.190.330.580.09-0.80.270.60.110.50.710.750.74-0.690.48-0.060.750.05
-0.81-0.28-0.61-0.41-0.46-0.3-0.2-0.680.09-0.18-0.730.370.95-0.67-0.81-0.59-0.28-0.81-0.94-0.95-0.69-0.83-0.09-0.95-0.44
0.920.040.650.560.340.170.220.920.08-0.10.92-0.6-0.820.90.810.740.170.580.870.890.48-0.830.140.860.47
0.3-0.2-0.190.54-0.160.260.4-0.14-0.05-0.040.1-0.1-0.010.320.50.140.230.090.050.06-0.06-0.090.140.070.6
0.890.290.740.340.610.220.130.73-0.030.170.84-0.24-0.990.740.840.620.210.870.980.980.75-0.950.860.070.42
0.5-0.440.260.430.040.240.10.18-0.31-0.390.4-0.29-0.350.550.550.460.20.240.390.40.05-0.440.470.60.42
Click cells to compare fundamentals

Great Lakes Account Relationship Matchups

Great Lakes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets897.6M958.0M997.7M981.8M1.2B745.6M
Other Current Liab51.2M52.9M37.6M29.5M36.3M55.3M
Total Current Liabilities203.9M176.3M154.7M160.3M179.4M146.3M
Other Liab40.2M111.3M123.0M66.7M76.7M80.5M
Accounts Payable76.1M71.3M85.6M94.1M83.8M86.7M
Cash187.0M216.5M145.5M6.5M22.8M45.5M
Other Assets73.1M595.3M670.2M88.7M1.00.95
Long Term Debt322.8M323.7M321.0M321.5M412.1M299.2M
Inventory30.2M34.7M30.8M29.2M33.9M34.2M
Other Current Assets39.7M37.3M26.4M34.7M27.9M26.5M
Total Liab618.2M611.4M598.7M613.6M775.4M522.2M
Property Plant Equipment435.7M441.5M520.2M624.0M717.5M384.1M
Total Stockholder Equity279.4M346.7M399.0M368.2M385.5M234.2M
Net Debt208.3M172.6M238.2M406.9M483.0M507.2M
Cash And Short Term Investments187.0M216.5M145.5M6.5M22.8M21.7M
Common Stock Shares Outstanding65.0M65.9M66.3M66.1M67.0M51.4M
Liabilities And Stockholders Equity897.6M958.0M997.7M981.8M1.2B766.1M
Other Stockholder Equity302.2M304.8M308.5M312.1M317.3M239.9M
Total Current Assets300.7M362.7M327.4M182.8M208.2M234.3M
Short Long Term Debt Total395.3M389.1M383.7M413.4M505.9M330.8M
Retained Earnings(23.1M)40.9M90.4M56.3M70.2M73.7M
Short Term Debt21.4M19.5M16.7M26.9M29.7M31.2M
Current Deferred Revenue55.3M32.6M14.8M9.9M29.6M31.0M
Non Current Assets Total596.8M595.3M670.2M798.9M952.7M581.0M
Non Current Liabilities Total414.2M435.1M443.9M453.2M595.9M411.3M
Property Plant And Equipment Net447.2M448.2M517.3M633.6M703.0M441.2M
Non Currrent Assets Other73.1M70.5M76.3M29.6M123.1M129.2M
Net Receivables42.3M71.1M122.8M110.8M123.5M108.6M
Property Plant And Equipment Gross447.2M383.0M962.1M1.1B1.2B1.2B
Accumulated Other Comprehensive Income295K968K140K(191K)(2.0M)(1.9M)
Net Tangible Assets202.8M270.1M399.0M291.6M335.4M224.8M
Retained Earnings Total Equity(23.1M)40.9M90.4M56.3M64.8M68.0M
Long Term Debt Total322.8M323.7M321.0M321.5M369.7M357.7M
Capital Surpluse302.2M304.8M308.5M312.1M358.9M318.5M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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 Anywhere module to track or share privately all of your investments from the convenience of any device.

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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.