Gorman Non Current Liabilities Total vs Common Stock Analysis

GRC Stock  USD 33.38  1.93  6.14%   
Gorman Rupp financial indicator trend analysis is much more than just examining Gorman Rupp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gorman Rupp is a good investment. Please check the relationship between Gorman Rupp Non Current Liabilities Total and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gorman Rupp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.

Non Current Liabilities Total vs Common Stock

Non Current Liabilities Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gorman Rupp Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gorman Rupp's Non Current Liabilities Total and Common Stock is 0.54. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Gorman Rupp, assuming nothing else is changed. The correlation between historical values of Gorman Rupp's Non Current Liabilities Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Gorman Rupp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., Gorman Rupp's Non Current Liabilities Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Common Stock

Most indicators from Gorman Rupp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gorman Rupp 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 Gorman Rupp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.The current year's Enterprise Value is expected to grow to about 1.4 B, whereas Selling General Administrative is forecasted to decline to about 47 M.
 2021 2022 2023 2024 (projected)
Gross Profit95.9M130.9M183.7M192.9M
Total Revenue378.3M521.0M659.5M692.5M

Gorman Rupp fundamental ratios Correlations

0.880.920.380.380.880.71-0.150.980.28-0.150.55-0.620.950.470.43-0.050.960.980.330.930.670.590.72-0.080.53
0.880.940.480.610.70.77-0.180.830.41-0.180.69-0.60.750.580.41-0.260.790.870.40.730.750.660.65-0.480.51
0.920.940.340.510.810.66-0.260.890.18-0.260.56-0.610.840.560.42-0.070.880.930.290.830.810.640.73-0.280.57
0.380.480.340.84-0.010.810.470.220.570.470.860.160.130.840.19-0.530.160.260.970.08-0.040.680.03-0.62-0.35
0.380.610.510.840.130.650.030.280.330.030.910.130.170.920.31-0.580.210.340.740.130.290.760.17-0.8-0.26
0.880.70.81-0.010.130.3-0.530.960.05-0.530.32-0.520.980.230.440.190.970.94-0.10.990.790.470.730.170.53
0.710.770.660.810.650.30.410.550.550.410.71-0.450.460.670.24-0.480.490.590.810.410.220.530.34-0.50.26
-0.15-0.18-0.260.470.03-0.530.41-0.320.261.0-0.030.07-0.340.05-0.23-0.13-0.34-0.310.63-0.37-0.64-0.16-0.22-0.06-0.2
0.980.830.890.220.280.960.55-0.320.19-0.320.46-0.60.990.370.440.051.01.00.150.980.740.540.760.020.55
0.280.410.180.570.330.050.550.260.190.260.54-0.080.120.320.04-0.170.130.190.50.10.040.43-0.17-0.4-0.09
-0.15-0.18-0.260.470.03-0.530.411.0-0.320.26-0.040.06-0.340.05-0.22-0.13-0.33-0.310.63-0.37-0.64-0.16-0.22-0.05-0.19
0.550.690.560.860.910.320.71-0.030.460.54-0.040.080.370.880.39-0.550.40.50.720.340.330.870.18-0.65-0.23
-0.62-0.6-0.610.160.13-0.52-0.450.07-0.6-0.080.060.08-0.570.12-0.120.01-0.58-0.610.12-0.56-0.480.1-0.51-0.02-0.97
0.950.750.840.130.170.980.46-0.340.990.12-0.340.37-0.570.280.440.141.00.970.061.00.710.490.750.150.54
0.470.580.560.840.920.230.670.050.370.320.050.880.120.280.33-0.460.320.420.790.250.290.810.11-0.61-0.24
0.430.410.420.190.310.440.24-0.230.440.04-0.220.39-0.120.440.33-0.060.450.450.150.430.270.490.250.010.09
-0.05-0.26-0.07-0.53-0.580.19-0.48-0.130.05-0.17-0.13-0.550.010.14-0.46-0.060.12-0.01-0.470.180.08-0.190.170.690.13
0.960.790.880.160.210.970.49-0.341.00.13-0.330.4-0.581.00.320.450.120.980.090.990.740.520.760.10.56
0.980.870.930.260.340.940.59-0.311.00.19-0.310.5-0.610.970.420.45-0.010.980.180.960.760.570.76-0.060.57
0.330.40.290.970.74-0.10.810.630.150.50.630.720.120.060.790.15-0.470.090.180.02-0.150.58-0.01-0.52-0.3
0.930.730.830.080.130.990.41-0.370.980.1-0.370.34-0.561.00.250.430.180.990.960.020.730.470.750.180.55
0.670.750.81-0.040.290.790.22-0.640.740.04-0.640.33-0.480.710.290.270.080.740.76-0.150.730.410.66-0.20.52
0.590.660.640.680.760.470.53-0.160.540.43-0.160.870.10.490.810.49-0.190.520.570.580.470.410.27-0.41-0.19
0.720.650.730.030.170.730.34-0.220.76-0.17-0.220.18-0.510.750.110.250.170.760.76-0.010.750.660.270.090.54
-0.08-0.48-0.28-0.62-0.80.17-0.5-0.060.02-0.4-0.05-0.65-0.020.15-0.610.010.690.1-0.06-0.520.18-0.2-0.410.090.12
0.530.510.57-0.35-0.260.530.26-0.20.55-0.09-0.19-0.23-0.970.54-0.240.090.130.560.57-0.30.550.52-0.190.540.12
Click cells to compare fundamentals

Gorman Rupp Account Relationship Matchups

Gorman Rupp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets382.8M394.5M420.8M872.8M890.4M934.9M
Other Current Liab23.9M20.3M25.0M36.3M42.0M44.1M
Total Current Liabilities45.5M38.5M52.4M85.2M100.7M105.7M
Total Stockholder Equity307.9M315.5M330.0M331.2M349.5M176.6M
Property Plant And Equipment Net111.8M108.7M104.3M128.6M155.1M79.6M
Net Debt(78.7M)(106.5M)(124.1M)430.0M394.8M414.5M
Retained Earnings330.2M340.1M353.4M346.7M363.5M381.7M
Cash80.6M108.2M125.2M6.8M30.5M26.8M
Non Current Assets Total155.1M147.6M143.6M647.3M654.2M687.0M
Non Currrent Assets Other8.3M4.8M6.2M11.6M4.6M6.1M
Cash And Short Term Investments80.6M108.2M125.2M6.8M30.5M27.6M
Net Receivables65.4M50.8M58.5M93.1M89.6M45.6M
Common Stock Shares Outstanding26.1M26.1M26.1M26.1M26.2M21.5M
Liabilities And Stockholders Equity382.8M394.5M420.8M872.8M890.4M934.9M
Non Current Liabilities Total29.4M40.4M38.3M456.4M440.2M462.2M
Inventory76.0M82.7M85.6M111.1M104.2M56.8M
Other Current Assets5.7M5.2M7.8M14.6M11.8M9.0M
Other Stockholder Equity1.1M693K1.8M3.9M5.8M5.5M
Total Liab74.9M78.9M90.8M541.6M540.9M567.9M
Property Plant And Equipment Gross111.8M108.7M104.3M338.0M355.3M373.1M
Total Current Assets227.7M246.8M277.2M225.5M236.1M136.5M
Accumulated Other Comprehensive Income(28.5M)(30.4M)(30.3M)(24.5M)(24.9M)(26.2M)
Short Term Debt640K710K580K17.5M22.9M24.0M
Accounts Payable16.0M9.5M17.6M24.7M23.3M12.5M
Other Liab28.2M39.5M38.3M36.0M41.4M32.4M
Other Assets6.5M4.8M6.2M11.6M13.3M7.6M
Property Plant Equipment111.8M108.7M104.3M128.6M147.9M104.4M
Current Deferred Revenue4.9M8.0M9.2M6.7M12.5M7.3M
Good Will27.2M27.5M27.2M257.7M257.7M270.6M
Intangible Assets7.8M6.6M5.8M249.4M236.8M248.7M
Net Tangible Assets307.9M281.3M296.9M81.8M73.6M70.0M
Retained Earnings Total Equity330.2M340.1M353.4M346.7M398.7M308.5M
Capital Surpluse1.1M693K1.8M3.9M4.5M4.7M
Non Current Liabilities Other3.9M3.0M1.6M5.3M23.4M24.5M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gorman Rupp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gorman Rupp's short interest history, or implied volatility extrapolated from Gorman Rupp options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Gorman Rupp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gorman Rupp'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 Gorman Rupp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gorman Rupp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gorman Rupp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Gorman Stock analysis

When running Gorman Rupp's price analysis, check to measure Gorman Rupp's 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 Gorman Rupp is operating at the current time. Most of Gorman Rupp's value examination focuses on studying past and present price action to predict the probability of Gorman Rupp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gorman Rupp's price. Additionally, you may evaluate how the addition of Gorman Rupp to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Is Gorman Rupp's 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 Gorman Rupp. If investors know Gorman 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 Gorman Rupp 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
2.778
Dividend Share
0.705
Earnings Share
1.34
Revenue Per Share
25.197
Quarterly Revenue Growth
0.1
The market value of Gorman Rupp is measured differently than its book value, which is the value of Gorman that is recorded on the company's balance sheet. Investors also form their own opinion of Gorman Rupp's value that differs from its market value or its book value, called intrinsic value, which is Gorman Rupp'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 Gorman Rupp's market value can be influenced by many factors that don't directly affect Gorman Rupp'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 Gorman Rupp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorman Rupp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gorman Rupp'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.