Griffon Short Term Investments vs Net Invested Capital Analysis

GFF Stock  USD 63.39  0.97  1.51%   
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 Short Term Investments and its Net Invested Capital 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.

Short Term Investments vs Net Invested Capital

Short Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Griffon Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between Griffon's Short Term Investments and Net Invested Capital is 0.0. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Griffon, assuming nothing else is changed. The correlation between historical values of Griffon's Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Griffon are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Term Investments i.e., Griffon's Short Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Griffon balance sheet. It contains any investments Griffon undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Griffon can easily liquidate in the marketplace.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Discontinued Operations is most likely to increase significantly in the upcoming years. The Griffon's current Enterprise Value is estimated to increase to about 787.1 M, while Selling General Administrative is projected to decrease to roughly 314.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit936.9M948.8M1.1B1.1B
Total Revenue2.8B2.7B3.1B3.2B

Griffon fundamental ratios Correlations

0.920.220.750.460.920.880.440.40.970.560.40.840.590.940.930.680.230.970.920.760.730.840.450.850.8
0.920.20.540.080.840.990.110.120.950.310.120.70.471.00.970.470.090.990.840.550.810.960.160.680.64
0.220.20.350.06-0.040.220.12-0.040.13-0.2-0.040.23-0.110.20.320.1-0.060.22-0.040.40.10.240.270.040.11
0.750.540.350.660.630.490.790.470.630.570.470.860.440.550.630.690.060.630.630.960.370.390.80.740.87
0.460.080.060.660.47-0.020.820.830.330.740.830.560.460.120.190.680.490.210.470.650.09-0.010.720.580.54
0.920.84-0.040.630.470.790.390.450.950.70.450.820.620.860.830.680.350.881.00.610.730.770.380.830.75
0.880.990.220.49-0.020.790.05-0.010.910.23-0.010.650.410.990.950.4-0.010.970.790.50.770.960.120.640.61
0.440.110.120.790.820.390.050.470.30.520.470.530.150.140.210.47-0.080.240.390.69-0.06-0.080.930.660.64
0.40.12-0.040.470.830.45-0.010.470.310.691.00.490.570.140.180.620.760.20.450.520.380.110.290.310.33
0.970.950.130.630.330.950.910.30.310.540.310.820.590.960.950.630.240.970.950.620.750.910.330.810.75
0.560.31-0.20.570.740.70.230.520.690.540.690.760.710.360.310.730.570.40.70.610.280.240.420.70.72
0.40.12-0.040.470.830.45-0.010.471.00.310.690.490.570.140.180.620.760.20.450.520.380.110.290.310.33
0.840.70.230.860.560.820.650.530.490.820.760.490.670.720.750.740.280.760.820.870.510.630.560.790.91
0.590.47-0.110.440.460.620.410.150.570.590.710.570.670.510.450.840.620.510.620.560.410.490.060.590.67
0.941.00.20.550.120.860.990.140.140.960.360.140.720.510.970.510.120.990.860.570.790.960.180.720.67
0.930.970.320.630.190.830.950.210.180.950.310.180.750.450.970.530.130.970.830.630.780.940.30.680.66
0.680.470.10.690.680.680.40.470.620.630.730.620.740.840.510.530.550.550.680.740.380.430.440.720.75
0.230.09-0.060.060.490.35-0.01-0.080.760.240.570.760.280.620.120.130.550.120.350.190.380.2-0.130.090.07
0.970.990.220.630.210.880.970.240.20.970.40.20.760.510.990.970.550.120.880.640.780.930.280.770.72
0.920.84-0.040.630.471.00.790.390.450.950.70.450.820.620.860.830.680.350.880.610.730.770.380.830.75
0.760.550.40.960.650.610.50.690.520.620.610.520.870.560.570.630.740.190.640.610.410.440.680.730.87
0.730.810.10.370.090.730.77-0.060.380.750.280.380.510.410.790.780.380.380.780.730.410.82-0.080.330.34
0.840.960.240.39-0.010.770.96-0.080.110.910.240.110.630.490.960.940.430.20.930.770.440.820.00.530.51
0.450.160.270.80.720.380.120.930.290.330.420.290.560.060.180.30.44-0.130.280.380.68-0.080.00.620.63
0.850.680.040.740.580.830.640.660.310.810.70.310.790.590.720.680.720.090.770.830.730.330.530.620.91
0.80.640.110.870.540.750.610.640.330.750.720.330.910.670.670.660.750.070.720.750.870.340.510.630.91
Click cells to compare fundamentals

Griffon Account Relationship Matchups

Griffon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.8B2.4B2.8B2.9B
Short Long Term Debt Total1.2B1.2B1.8B1.6B1.9B2.0B
Other Current Liab3.8M84.0M184.5M7.1M6.4M6.1M
Total Current Liabilities449.2M531.6M423.6M359.1M413.0M239.7M
Total Stockholder Equity700.2M807.2M477.6M315.2M362.5M386.8M
Property Plant And Equipment Net505.6M437.2M478.0M449.2M516.5M542.4M
Net Debt996.8M946.2M1.6B1.5B1.8B1.9B
Retained Earnings607.5M670.0M344.1M281.5M323.7M313.8M
Cash218.1M248.7M120.2M102.9M118.3M91.7M
Non Current Assets Total1.3B1.2B1.6B1.4B1.7B1.7B
Non Currrent Assets Other39.3M25.0M26.1M26.0M29.9M19.3M
Cash And Short Term Investments218.1M248.7M120.2M102.9M118.3M91.7M
Net Receivables348.1M294.8M361.7M312.4M359.3M205.9M
Common Stock Shares Outstanding45.0M53.4M51.7M54.6M62.8M46.3M
Liabilities And Stockholders Equity2.5B2.6B2.8B2.4B2.8B2.9B
Non Current Liabilities Total1.3B1.3B1.9B1.7B2.0B2.1B
Inventory413.8M472.8M669.2M507.1M583.2M612.4M
Other Current Assets46.9M76.0M63.6M57.1M65.7M43.7M
Other Stockholder Equity143.8M162.0M195.1M82.6M94.9M92.9M
Total Liab1.8B1.8B2.3B2.1B2.4B2.5B
Property Plant And Equipment Gross505.6M437.2M478.0M449.2M516.5M542.4M
Total Current Assets1.1B1.4B1.2B980.6M1.1B605.0M
Accumulated Other Comprehensive Income(72.1M)(46.0M)(82.7M)(70.0M)(63.0M)(59.9M)
Short Term Debt41.8M42.4M44.3M42.3M48.6M51.0M
Intangible Assets355.0M350.0M761.9M635.2M730.5M767.1M
Accounts Payable232.1M260.1M194.8M116.6M134.1M129.5M
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 Debt1.0B1.0B1.6B1.5B1.7B1.8B
Good Will442.6M426.1M335.8M327.9M295.1M280.3M
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 Revenue124.7M171.6M145.1M193.1M222.1M112.3M
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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
(0.07)
Dividend Share
0.575
Earnings Share
3.65
Revenue Per Share
53.637
Quarterly Revenue Growth
(0.05)
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.