Shimmick Net Receivables from 2010 to 2024

SHIM Stock   3.15  0.18  6.06%   
Shimmick Common Net Receivables yearly trend continues to be very stable with very little volatility. Net Receivables is likely to drop to about 173.6 M. During the period from 2010 to 2024, Shimmick Common Net Receivables quarterly data regression pattern had sample variance of 86.2 T and median of  155,909,000. View All Fundamentals
 
Net Receivables  
First Reported
2010-12-31
Previous Quarter
180.1 M
Current Value
173.6 M
Quarterly Volatility
9.3 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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Shimmick Common over the last few years. It is Shimmick Common's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Shimmick Net Receivables Regression Statistics

Arithmetic Mean157,461,713
Geometric Mean157,211,172
Coefficient Of Variation5.90
Mean Deviation5,168,436
Median155,909,000
Standard Deviation9,285,004
Sample Variance86.2T
Range42.8M
R-Value0.30
Mean Square Error84.3T
R-Squared0.09
Significance0.27
Slope628,496
Total Sum of Squares1207T

Shimmick Net Receivables History

2024173.6 M
2023180.1 M
2022137.3 M

About Shimmick Common Financial Statements

Shimmick Common investors utilize fundamental indicators, such as Net Receivables, 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
Net Receivables180.1 M173.6 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.