Granite Change In Working Capital from 2010 to 2024

GPMT Stock  USD 3.55  0.03  0.84%   
Granite Point Change In Working Capital yearly trend continues to be comparatively stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2016-03-31
Previous Quarter
74 K
Current Value
M
Quarterly Volatility
15.6 M
 
Yuan Drop
 
Covid
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
  
Check out the analysis of Granite Point Correlation against competitors.

Latest Granite Point's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Granite Point Mortgage over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Granite Point's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Point's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Pretty Stable
   Change In Working Capital   
       Timeline  

Granite Change In Working Capital Regression Statistics

Arithmetic Mean(472,000)
Geometric Mean1,964,931
Coefficient Of Variation(1,933)
Mean Deviation5,214,800
Median3,685,000
Standard Deviation9,122,951
Sample Variance83.2T
Range36.8M
R-Value(0.18)
Mean Square Error86.8T
R-Squared0.03
Significance0.53
Slope(361,600)
Total Sum of Squares1165.2T

Granite Change In Working Capital History

202463 K
202360 K
20222.1 M
2021M
2020-5.7 M
2019-3.3 M
2018-104 K

About Granite Point Financial Statements

Granite Point shareholders use historical fundamental indicators, such as Change In Working Capital, to determine how well the company is positioned to perform in the future. Although Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change In Working Capital60 K63 K

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Additional Tools for Granite Stock Analysis

When running Granite Point's price analysis, check to measure Granite Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.