Gorman Other Current Assets from 2010 to 2024

GRC Stock  USD 38.23  0.48  1.24%   
Gorman Rupp's Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 9.7 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1985-12-31
Previous Quarter
13.5 M
Current Value
10.8 M
Quarterly Volatility
7.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gorman Rupp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gorman Rupp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.9 M, Interest Expense of 43.3 M or Total Revenue of 692.5 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0265 or PTB Ratio of 1.95. Gorman financial statements analysis is a perfect complement when working with Gorman Rupp Valuation or Volatility modules.
  
Check out the analysis of Gorman Rupp Correlation against competitors.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.

Latest Gorman Rupp's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Gorman Rupp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Gorman Rupp's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gorman Rupp's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Gorman Other Current Assets Regression Statistics

Arithmetic Mean9,581,749
Geometric Mean7,485,134
Coefficient Of Variation77.04
Mean Deviation5,371,699
Median6,091,000
Standard Deviation7,381,452
Sample Variance54.5T
Range27.5M
R-Value0.41
Mean Square Error48.9T
R-Squared0.17
Significance0.13
Slope672,395
Total Sum of Squares762.8T

Gorman Other Current Assets History

20249.7 M
202311.8 M
202229.1 M
202115.6 M
202010.3 M
20195.7 M
20187.1 M

About Gorman Rupp Financial Statements

Gorman Rupp stakeholders use historical fundamental indicators, such as Gorman Rupp's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Gorman Rupp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gorman Rupp's assets and liabilities are reflected in the revenues and expenses on Gorman Rupp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Gorman Rupp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets11.8 M9.7 M

Also Currently Popular

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 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 the analysis of Gorman Rupp Correlation against competitors.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Industrial Machinery & Supplies & Components 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 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
0.437
Dividend Share
0.72
Earnings Share
1.46
Revenue Per Share
25.086
Quarterly Revenue Growth
0.004
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.