Great Selling General Administrative vs Net Income Analysis
GLDD Stock | USD 12.66 0.03 0.24% |
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 Selling General Administrative and its Net Income 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative vs Net Income
Selling General Administrative vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Lakes Dredge Selling General Administrative account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Great Lakes' Selling General Administrative and Net Income is -0.06. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income 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' Selling General Administrative and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Great Lakes Dredge are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling General Administrative i.e., Great Lakes' Selling General Administrative and Net Income go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Great Lakes Dredge financial statement analysis. It represents the amount of money remaining after all of Great Lakes Dredge operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, Great Lakes' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 145.3M | 31.2M | 75.3M | 60.5M | Total Revenue | 726.1M | 648.8M | 589.6M | 652.8M |
Great Lakes fundamental ratios Correlations
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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 | 1.1B | 743.3M | |
Other Current Liab | 51.2M | 50.7M | 18.0M | 1.2M | 34.4M | 52.9M | |
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 | 40.4M | 28.4M | 36.3M | 46.0M | 58.4M | |
Total Liab | 618.2M | 611.4M | 598.7M | 613.6M | 725.3M | 519.9M | |
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 | 480.4M | 504.4M | |
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 | 1.1B | 763.7M | |
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 | 226.3M | 235.1M | |
Short Long Term Debt Total | 395.3M | 389.1M | 383.7M | 413.4M | 503.2M | 332.6M | |
Retained Earnings | (23.1M) | 40.9M | 90.4M | 56.3M | 70.2M | 73.7M | |
Short Term Debt | 21.4M | 19.5M | 33.5M | 53.7M | 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 | 884.5M | 577.0M | |
Non Current Liabilities Total | 414.2M | 435.1M | 443.9M | 453.2M | 545.8M | 408.4M | |
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 | 104.9M | 110.2M | |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction & Engineering 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 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 3.219 | Earnings Share 0.88 | Revenue Per Share 11.083 | Quarterly Revenue Growth 0.631 | Return On Assets 0.0481 |
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.