Great Deferred Long Term Liab vs Current Deferred Revenue Analysis
GLDD Stock | USD 9.62 0.16 1.69% |
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 Deferred Long Term Liab and its Current Deferred Revenue 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.
Deferred Long Term Liab vs Current Deferred Revenue
Deferred Long Term Liab vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Lakes Dredge Deferred Long Term Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Great Lakes' Deferred Long Term Liab and Current Deferred Revenue is -0.52. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Current Deferred Revenue 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' Deferred Long Term Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Great Lakes Dredge are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Deferred Long Term Liab i.e., Great Lakes' Deferred Long Term Liab and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 Profit | 145.3M | 31.2M | 76.6M | 60.5M | Total Revenue | 726.1M | 648.8M | 589.6M | 652.8M |
Great Lakes fundamental ratios Correlations
Click cells to compare fundamentals
Great Lakes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great Lakes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 897.6M | 958.0M | 997.7M | 981.8M | 1.2B | 745.6M | |
Other Current Liab | 51.2M | 52.9M | 37.6M | 29.5M | 36.3M | 55.3M | |
Total Current Liabilities | 203.9M | 176.3M | 154.7M | 160.3M | 179.4M | 146.3M | |
Other Liab | 40.2M | 111.3M | 123.0M | 66.7M | 76.7M | 80.5M | |
Accounts Payable | 76.1M | 71.3M | 85.6M | 94.1M | 83.8M | 86.7M | |
Cash | 187.0M | 216.5M | 145.5M | 6.5M | 22.8M | 45.5M | |
Other Assets | 73.1M | 595.3M | 670.2M | 88.7M | 1.0 | 0.95 | |
Long Term Debt | 322.8M | 323.7M | 321.0M | 321.5M | 412.1M | 299.2M | |
Inventory | 30.2M | 34.7M | 30.8M | 29.2M | 33.9M | 34.2M | |
Other Current Assets | 39.7M | 37.3M | 26.4M | 34.7M | 27.9M | 26.5M | |
Total Liab | 618.2M | 611.4M | 598.7M | 613.6M | 775.4M | 522.2M | |
Property Plant Equipment | 435.7M | 441.5M | 520.2M | 624.0M | 717.5M | 384.1M | |
Total Stockholder Equity | 279.4M | 346.7M | 399.0M | 368.2M | 385.5M | 234.2M | |
Net Debt | 208.3M | 172.6M | 238.2M | 406.9M | 483.0M | 507.2M | |
Cash And Short Term Investments | 187.0M | 216.5M | 145.5M | 6.5M | 22.8M | 21.7M | |
Common Stock Shares Outstanding | 65.0M | 65.9M | 66.3M | 66.1M | 67.0M | 51.4M | |
Liabilities And Stockholders Equity | 897.6M | 958.0M | 997.7M | 981.8M | 1.2B | 766.1M | |
Other Stockholder Equity | 302.2M | 304.8M | 308.5M | 312.1M | 317.3M | 239.9M | |
Total Current Assets | 300.7M | 362.7M | 327.4M | 182.8M | 208.2M | 234.3M | |
Short Long Term Debt Total | 395.3M | 389.1M | 383.7M | 413.4M | 505.9M | 330.8M | |
Retained Earnings | (23.1M) | 40.9M | 90.4M | 56.3M | 70.2M | 73.7M | |
Short Term Debt | 21.4M | 19.5M | 16.7M | 26.9M | 29.7M | 31.2M | |
Current Deferred Revenue | 55.3M | 32.6M | 14.8M | 9.9M | 29.6M | 31.0M | |
Non Current Assets Total | 596.8M | 595.3M | 670.2M | 798.9M | 952.7M | 581.0M | |
Non Current Liabilities Total | 414.2M | 435.1M | 443.9M | 453.2M | 595.9M | 411.3M | |
Property Plant And Equipment Net | 447.2M | 448.2M | 517.3M | 633.6M | 703.0M | 441.2M | |
Non Currrent Assets Other | 73.1M | 70.5M | 76.3M | 29.6M | 123.1M | 129.2M | |
Net Receivables | 42.3M | 71.1M | 122.8M | 110.8M | 123.5M | 108.6M | |
Property Plant And Equipment Gross | 447.2M | 383.0M | 962.1M | 1.1B | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | 295K | 968K | 140K | (191K) | (2.0M) | (1.9M) | |
Net Tangible Assets | 202.8M | 270.1M | 399.0M | 291.6M | 335.4M | 224.8M | |
Retained Earnings Total Equity | (23.1M) | 40.9M | 90.4M | 56.3M | 64.8M | 68.0M | |
Long Term Debt Total | 322.8M | 323.7M | 321.0M | 321.5M | 369.7M | 357.7M | |
Capital Surpluse | 302.2M | 304.8M | 308.5M | 312.1M | 358.9M | 318.5M |
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Try AI Portfolio ArchitectCheck 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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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 0.57 | Revenue Per Share 9.465 | Quarterly Revenue Growth 0.257 | Return On Assets 0.0299 |
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.