Griffon Gross Profit vs Depreciation And Amortization Analysis

GFF Stock  USD 83.51  0.86  1.02%   
Griffon financial indicator trend analysis is much more than just examining Griffon latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Griffon is a good investment. Please check the relationship between Griffon Gross Profit and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.

Gross Profit vs Depreciation And Amortization

Gross Profit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Griffon Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between Griffon's Gross Profit and Depreciation And Amortization is 0.28. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Griffon, assuming nothing else is changed. The correlation between historical values of Griffon's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Griffon are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Griffon's Gross Profit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Griffon minus its cost of goods sold. It is profit before Griffon operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Griffon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Griffon 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 Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.At this time, Griffon's Enterprise Value Over EBITDA is most likely to slightly decrease in the upcoming years. The Griffon's current Enterprise Value Multiple is estimated to increase to 11.20, while Selling General Administrative is projected to decrease to roughly 326.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit936.9M1.0B1.0B1.1B
Total Revenue2.8B2.7B2.6B1.4B

Griffon fundamental ratios Correlations

0.660.490.920.540.910.610.680.480.780.680.480.960.590.690.920.540.210.750.370.940.390.590.60.760.9
0.660.640.550.050.590.990.240.140.930.380.140.740.371.00.730.26-0.350.980.820.570.780.960.180.70.67
0.490.640.540.180.370.590.270.390.560.220.390.410.060.60.50.68-0.140.630.470.530.690.590.050.270.32
0.920.550.540.660.790.50.840.470.680.540.470.830.410.570.820.680.150.670.280.960.310.410.790.730.82
0.540.050.180.660.54-0.060.750.790.340.610.790.490.580.10.310.670.580.20.050.650.01-0.040.670.530.44
0.910.590.370.790.540.530.630.530.780.830.530.910.640.630.80.530.260.680.470.770.370.520.480.740.86
0.610.990.590.5-0.060.530.180.00.890.290.00.70.280.980.710.15-0.430.960.790.50.740.950.150.660.64
0.680.240.270.840.750.630.180.470.450.560.470.60.30.270.460.560.040.390.220.760.030.050.830.70.74
0.480.140.390.470.790.530.00.470.360.671.00.430.660.160.260.780.570.220.230.530.340.130.190.310.33
0.780.930.560.680.340.780.890.450.360.610.360.880.560.950.780.38-0.130.960.80.670.680.880.360.830.79
0.680.380.220.540.610.830.290.560.670.610.670.70.730.430.420.430.310.460.490.580.220.30.260.70.74
0.480.140.390.470.790.530.00.471.00.360.670.430.660.160.260.780.570.220.230.530.340.130.190.310.33
0.960.740.410.830.490.910.70.60.430.880.70.430.670.780.890.390.140.820.510.850.430.70.560.830.91
0.590.370.060.410.580.640.280.30.660.560.730.660.670.420.410.280.460.440.370.540.290.390.20.620.59
0.691.00.60.570.10.630.980.270.160.950.430.160.780.420.740.24-0.310.990.820.590.750.950.210.750.71
0.920.730.50.820.310.80.710.460.260.780.420.260.890.410.740.430.140.780.330.820.470.710.520.60.75
0.540.260.680.680.670.530.150.560.780.380.430.780.390.280.240.430.380.340.220.650.480.180.370.250.32
0.21-0.35-0.140.150.580.26-0.430.040.57-0.130.310.570.140.46-0.310.140.38-0.26-0.470.24-0.22-0.250.13-0.12-0.07
0.750.980.630.670.20.680.960.390.220.960.460.220.820.440.990.780.34-0.260.790.680.740.920.320.790.76
0.370.820.470.280.050.470.790.220.230.80.490.230.510.370.820.330.22-0.470.790.270.780.760.00.640.54
0.940.570.530.960.650.770.50.760.530.670.580.530.850.540.590.820.650.240.680.270.350.450.680.730.82
0.390.780.690.310.010.370.740.030.340.680.220.340.430.290.750.470.48-0.220.740.780.350.8-0.10.320.31
0.590.960.590.41-0.040.520.950.050.130.880.30.130.70.390.950.710.18-0.250.920.760.450.80.040.550.54
0.60.180.050.790.670.480.150.830.190.360.260.190.560.20.210.520.370.130.320.00.68-0.10.040.60.59
0.760.70.270.730.530.740.660.70.310.830.70.310.830.620.750.60.25-0.120.790.640.730.320.550.60.91
0.90.670.320.820.440.860.640.740.330.790.740.330.910.590.710.750.32-0.070.760.540.820.310.540.590.91
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Griffon Account Relationship Matchups

Griffon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.8B2.4B2.4B1.2B
Short Long Term Debt Total1.2B1.2B1.8B1.6B1.7B1.8B
Other Current Liab215.0M188.1M130.2M128.7M133.9M140.6M
Total Current Liabilities449.2M531.6M423.6M359.1M349.0M243.4M
Total Stockholder Equity700.2M807.2M477.6M315.2M224.9M383.3M
Property Plant And Equipment Net505.6M437.2M478.0M449.2M459.5M239.4M
Net Debt996.8M946.2M1.6B1.5B1.6B1.7B
Retained Earnings607.5M670.0M344.1M281.5M461.4M318.6M
Cash218.1M248.7M120.2M102.9M114.4M92.5M
Non Current Assets Total1.3B1.2B1.6B1.4B1.4B1.5B
Non Currrent Assets Other39.3M25.0M26.1M26.0M33.8M19.8M
Cash And Short Term Investments218.1M248.7M120.2M102.9M114.4M92.5M
Net Receivables278.4M294.8M361.7M312.4M312.8M207.4M
Common Stock Shares Outstanding45.0M53.4M51.7M54.6M49.7M46.5M
Liabilities And Stockholders Equity2.5B2.6B2.8B2.4B2.4B1.2B
Non Current Liabilities Total1.3B1.3B1.9B1.7B1.8B1.9B
Inventory413.8M472.8M669.2M507.1M425.5M219.6M
Other Current Assets289.3M352.4M126.1M58.1M76.8M60.8M
Other Stockholder Equity143.8M162.0M195.1M82.6M(199.7M)(189.7M)
Total Liab1.8B1.8B2.3B2.1B2.1B2.3B
Property Plant And Equipment Gross505.6M437.2M478.0M449.2M834.2M875.9M
Total Current Assets1.1B1.4B1.2B980.6M929.5M615.4M
Accumulated Other Comprehensive Income(72.1M)(46.0M)(82.7M)(70.0M)(58.0M)(55.1M)
Short Term Debt39.6M72.2M76.0M42.3M78.3M82.2M
Intangible Assets355.0M350.0M761.9M635.2M618.8M649.7M
Accounts Payable172.5M260.0M194.8M116.6M119.4M127.7M
Common Stock20.7M20.9M21.1M21.2M24.4M25.6M
Common Stock Total Equity20.7M20.9M21.1M21.2M24.4M17.4M
Other Liab133.5M113.4M194.9M137.4M158.0M106.7M
Other Assets39.3M25.0M26.1M26.0M29.9M36.4M
Long Term Debt1.0B1.0B1.6B1.5B1.5B1.6B
Good Will442.6M426.1M335.8M327.9M329.4M312.9M
Treasury Stock(536.3M)(413.5M)(416.9M)(420.1M)(378.1M)(397.0M)
Property Plant Equipment505.6M437.2M478.0M449.2M516.5M333.7M
Current Deferred Revenue124.7M171.6M145.1M48.6M55.9M103.9M
Net Tangible Assets(97.5M)31.0M(620.1M)(647.9M)(583.1M)(553.9M)
Short Term Investments1.5M1.7M16.0M62K71.3K67.7K
Long Term Debt Total1.1B1.0B1.0B1.6B1.8B1.0B
Capital Surpluse519.0M583.0M602.2M628.0M722.2M579.8M

Currently Active Assets on Macroaxis

When determining whether Griffon is a strong investment it is important to analyze Griffon's 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 Griffon's future performance. For an informed investment choice regarding Griffon 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 Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Building Products 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 Griffon. If investors know Griffon 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 Griffon 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
0.653
Dividend Share
0.6
Earnings Share
4.18
Revenue Per Share
55.147
Quarterly Revenue Growth
0.029
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon'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 Griffon's market value can be influenced by many factors that don't directly affect Griffon'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 Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon'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.