Griffon Short Term Investments vs Total Stockholder Equity Analysis
GFF Stock | USD 84.30 0.79 0.95% |
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 Total Stockholder Equity 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 Total Stockholder Equity
Short Term Investments vs Total Stockholder Equity 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 Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Griffon's Short Term Investments and Total Stockholder Equity is 0.54. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Investments i.e., Griffon's Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 Profit | 936.9M | 1.0B | 1.0B | 1.1B | Total Revenue | 2.8B | 2.7B | 2.6B | 1.4B |
Griffon fundamental ratios Correlations
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Griffon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Griffon fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 2.6B | 2.8B | 2.4B | 2.4B | 1.2B | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.8B | 1.6B | 1.7B | 1.8B | |
Other Current Liab | 215.0M | 188.1M | 130.2M | 128.7M | 133.9M | 140.6M | |
Total Current Liabilities | 449.2M | 531.6M | 423.6M | 359.1M | 349.0M | 243.4M | |
Total Stockholder Equity | 700.2M | 807.2M | 477.6M | 315.2M | 224.9M | 383.3M | |
Property Plant And Equipment Net | 505.6M | 437.2M | 478.0M | 449.2M | 459.5M | 239.4M | |
Net Debt | 996.8M | 946.2M | 1.6B | 1.5B | 1.6B | 1.7B | |
Retained Earnings | 607.5M | 670.0M | 344.1M | 281.5M | 461.4M | 318.6M | |
Cash | 218.1M | 248.7M | 120.2M | 102.9M | 114.4M | 92.5M | |
Non Current Assets Total | 1.3B | 1.2B | 1.6B | 1.4B | 1.4B | 1.5B | |
Non Currrent Assets Other | 39.3M | 25.0M | 26.1M | 26.0M | 33.8M | 19.8M | |
Cash And Short Term Investments | 218.1M | 248.7M | 120.2M | 102.9M | 114.4M | 92.5M | |
Net Receivables | 278.4M | 294.8M | 361.7M | 312.4M | 312.8M | 207.4M | |
Common Stock Shares Outstanding | 45.0M | 53.4M | 51.7M | 54.6M | 49.7M | 46.5M | |
Liabilities And Stockholders Equity | 2.5B | 2.6B | 2.8B | 2.4B | 2.4B | 1.2B | |
Non Current Liabilities Total | 1.3B | 1.3B | 1.9B | 1.7B | 1.8B | 1.9B | |
Inventory | 413.8M | 472.8M | 669.2M | 507.1M | 425.5M | 219.6M | |
Other Current Assets | 289.3M | 352.4M | 126.1M | 58.1M | 76.8M | 60.8M | |
Other Stockholder Equity | 143.8M | 162.0M | 195.1M | 82.6M | (199.7M) | (189.7M) | |
Total Liab | 1.8B | 1.8B | 2.3B | 2.1B | 2.1B | 2.3B | |
Property Plant And Equipment Gross | 505.6M | 437.2M | 478.0M | 449.2M | 834.2M | 875.9M | |
Total Current Assets | 1.1B | 1.4B | 1.2B | 980.6M | 929.5M | 615.4M | |
Accumulated Other Comprehensive Income | (72.1M) | (46.0M) | (82.7M) | (70.0M) | (58.0M) | (55.1M) | |
Short Term Debt | 39.6M | 72.2M | 76.0M | 42.3M | 78.3M | 82.2M | |
Intangible Assets | 355.0M | 350.0M | 761.9M | 635.2M | 618.8M | 649.7M | |
Accounts Payable | 172.5M | 260.0M | 194.8M | 116.6M | 119.4M | 127.7M | |
Common Stock | 20.7M | 20.9M | 21.1M | 21.2M | 24.4M | 25.6M | |
Common Stock Total Equity | 20.7M | 20.9M | 21.1M | 21.2M | 24.4M | 17.4M | |
Other Liab | 133.5M | 113.4M | 194.9M | 137.4M | 158.0M | 106.7M | |
Other Assets | 39.3M | 25.0M | 26.1M | 26.0M | 29.9M | 36.4M | |
Long Term Debt | 1.0B | 1.0B | 1.6B | 1.5B | 1.5B | 1.6B | |
Good Will | 442.6M | 426.1M | 335.8M | 327.9M | 329.4M | 312.9M | |
Treasury Stock | (536.3M) | (413.5M) | (416.9M) | (420.1M) | (378.1M) | (397.0M) | |
Property Plant Equipment | 505.6M | 437.2M | 478.0M | 449.2M | 516.5M | 333.7M | |
Current Deferred Revenue | 124.7M | 171.6M | 145.1M | 48.6M | 55.9M | 103.9M | |
Net Tangible Assets | (97.5M) | 31.0M | (620.1M) | (647.9M) | (583.1M) | (553.9M) | |
Short Term Investments | 1.5M | 1.7M | 16.0M | 62K | 71.3K | 67.7K | |
Long Term Debt Total | 1.1B | 1.0B | 1.0B | 1.6B | 1.8B | 1.0B | |
Capital Surpluse | 519.0M | 583.0M | 602.2M | 628.0M | 722.2M | 579.8M |
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 4.23 | 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.