Shimmick Change In Working Capital from 2010 to 2024

SHIM Stock   2.46  0.03  1.23%   
Shimmick Common Change In Working Capital yearly trend continues to be very stable with very little volatility. Change In Working Capital is likely to grow to about -73.6 M this year. 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
2010-12-31
Previous Quarter
-77.4 M
Current Value
-73.6 M
Quarterly Volatility
79.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shimmick Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shimmick Common's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 17.6 M or Selling General Administrative of 53.2 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 3.29. Shimmick financial statements analysis is a perfect complement when working with Shimmick Common Valuation or Volatility modules.
  
Check out the analysis of Shimmick Common Correlation against competitors.
To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.

Latest Shimmick Common's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Shimmick Common 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. Shimmick Common's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shimmick Common's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Shimmick Change In Working Capital Regression Statistics

Arithmetic Mean89,532,347
Coefficient Of Variation89.14
Mean Deviation61,402,645
Median127,909,000
Standard Deviation79,808,564
Sample Variance6369.4T
Range205.4M
R-Value(0.70)
Mean Square Error3519.8T
R-Squared0.49
Significance0
Slope(12,452,013)
Total Sum of Squares89171.7T

Shimmick Change In Working Capital History

2024-73.6 M
2023-77.4 M
2022-40.9 M

About Shimmick Common Financial Statements

Shimmick Common investors utilize fundamental indicators, such as Change In Working Capital, to predict how Shimmick Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change In Working Capital-77.4 M-73.6 M

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When determining whether Shimmick Common is a strong investment it is important to analyze Shimmick Common'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 Shimmick Common's future performance. For an informed investment choice regarding Shimmick Stock, refer to the following important reports:
Check out the analysis of Shimmick Common Correlation against competitors.
To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 Shimmick Common. If investors know Shimmick 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 Shimmick Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.08)
Revenue Per Share
21.127
Quarterly Revenue Growth
(0.42)
Return On Assets
(0.15)
Return On Equity
(4.02)
The market value of Shimmick Common is measured differently than its book value, which is the value of Shimmick that is recorded on the company's balance sheet. Investors also form their own opinion of Shimmick Common's value that differs from its market value or its book value, called intrinsic value, which is Shimmick Common'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 Shimmick Common's market value can be influenced by many factors that don't directly affect Shimmick Common'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 Shimmick Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shimmick Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shimmick Common'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.