Gulf Accounts Payable vs Non Current Assets Total Analysis
GIFI Stock | USD 7.02 0.04 0.57% |
Gulf Island financial indicator trend analysis is much more than just examining Gulf Island Fabrication latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gulf Island Fabrication is a good investment. Please check the relationship between Gulf Island Accounts Payable and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gulf Island Fabrication. 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.
Accounts Payable vs Non Current Assets Total
Accounts Payable vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gulf Island Fabrication Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gulf Island's Accounts Payable and Non Current Assets Total is 0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Gulf Island Fabrication, assuming nothing else is changed. The correlation between historical values of Gulf Island's Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Gulf Island Fabrication are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Gulf Island's Accounts Payable and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Gulf Island obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gulf Island Fabrication are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Gulf Island's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gulf Island Fabrication 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 Gulf Island Fabrication. 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. The Gulf Island's current Sales General And Administrative To Revenue is estimated to increase to 0.11, while Selling General Administrative is projected to decrease to under 11.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 15.1M | 11.3M | 14.0M | 11.8M | Cost Of Revenue | 91.8M | 134.4M | 163.0M | 268.8M |
Gulf Island fundamental ratios Correlations
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Gulf Island Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gulf Island fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 252.8M | 231.3M | 135.3M | 134.9M | 128.4M | 256.8M | |
Other Current Liab | 9.5M | 87.8M | 14.0M | 14.3M | 14.8M | 17.9M | |
Total Current Liabilities | 97.8M | 98.4M | 30.0M | 30.8M | 29.8M | 49.2M | |
Total Stockholder Equity | 152.7M | 126.4M | 103.9M | 102.6M | 79.0M | 75.0M | |
Property Plant And Equipment Net | 70.5M | 67.5M | 32.9M | 31.2M | 23.1M | 22.0M | |
Net Debt | (47.1M) | (33.2M) | (50.9M) | (31.1M) | (18.2M) | (19.1M) | |
Retained Earnings | 38.4M | 11.1M | (13.0M) | (16.3M) | (41.4M) | (39.3M) | |
Accounts Payable | 61.5M | 12.4M | 9.3M | 8.3M | 8.5M | 8.0M | |
Cash | 49.7M | 43.2M | 52.9M | 33.2M | 38.2M | 30.5M | |
Non Current Assets Total | 89.3M | 84.0M | 49.8M | 47.8M | 26.8M | 25.5M | |
Non Currrent Assets Other | 18.8M | 16.5M | 13.7M | 13.6M | 739K | 702.1K | |
Cash And Short Term Investments | 69.6M | 51.2M | 52.9M | 43.1M | 46.4M | 38.0M | |
Net Receivables | 78.2M | 19.2M | 20.7M | 34.3M | 39.0M | 62.9M | |
Common Stock Shares Outstanding | 15.2M | 15.3M | 15.5M | 15.8M | 16.2M | 15.1M | |
Liabilities And Stockholders Equity | 252.8M | 231.3M | 135.3M | 134.9M | 128.4M | 256.8M | |
Non Current Liabilities Total | 2.2M | 6.6M | 1.4M | 1.5M | 19.6M | 15.9M | |
Inventory | 2.7M | 2.3M | 1.8M | 1.6M | 2.1M | 2.0M | |
Other Current Assets | 13.0M | 80.3M | 8.3M | 8.1M | 14.1M | 19.5M | |
Other Stockholder Equity | 103.1M | 104.1M | 105.5M | 107.4M | 108.6M | 175.9M | |
Total Liab | 100.1M | 105.0M | 31.4M | 32.2M | 49.5M | 65.1M | |
Property Plant And Equipment Gross | 70.5M | 67.5M | 125.5M | 127.3M | 107.8M | 136.4M | |
Total Current Assets | 163.5M | 147.4M | 85.5M | 87.1M | 101.6M | 125.0M | |
Common Stock Total Equity | 10.8M | 11.0M | 11.1M | 11.2M | 12.9M | 8.8M | |
Common Stock | 11.1M | 11.2M | 11.4M | 11.6M | 11.7M | 9.6M | |
Other Assets | 16.9M | 16.5M | 13.7M | 13.6M | 15.6M | 16.4M | |
Short Term Investments | 8.7M | 19.9M | 8.0M | 9.9M | 8.2M | 7.8M | |
Property Plant Equipment | 70.5M | 67.5M | 32.9M | 31.2M | 35.8M | 34.0M | |
Net Tangible Assets | 152.7M | 126.4M | 100.7M | 99.6M | 89.6M | 169.2M | |
Retained Earnings Total Equity | 108.2M | 87.8M | 38.4M | 11.1M | 10.0M | 9.5M | |
Capital Surpluse | 100.5M | 102.2M | 103.1M | 104.1M | 119.7M | 107.4M | |
Current Deferred Revenue | 26.3M | 15.1M | 6.6M | 8.2M | 5.5M | 5.2M | |
Other Liab | 1.1M | 190K | 2.1M | 1.4M | 1.3M | 1.2M | |
Non Current Liabilities Other | 2.2M | 2.1M | 1.4M | 1.5M | 685K | 650.8K |
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When determining whether Gulf Island Fabrication offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gulf Island'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 Gulf Island Fabrication Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gulf Island Fabrication Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gulf Island Fabrication. 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. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Oil & Gas Equipment & Services 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 Gulf Island. If investors know Gulf 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 Gulf Island 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 0.617 | Earnings Share 1.06 | Revenue Per Share 10.172 | Quarterly Revenue Growth 6.494 | Return On Assets 0.038 |
The market value of Gulf Island Fabrication is measured differently than its book value, which is the value of Gulf that is recorded on the company's balance sheet. Investors also form their own opinion of Gulf Island's value that differs from its market value or its book value, called intrinsic value, which is Gulf Island'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 Gulf Island's market value can be influenced by many factors that don't directly affect Gulf Island'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 Gulf Island's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gulf Island is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gulf Island'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.