Shimmick Common Stock Current Liabilities

SHIM Stock   3.07  0.08  2.54%   
Shimmick Common fundamentals help investors to digest information that contributes to Shimmick Common's financial success or failures. It also enables traders to predict the movement of Shimmick Stock. The fundamental analysis module provides a way to measure Shimmick Common's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shimmick Common stock.
As of the 30th of December 2024, Total Current Liabilities is likely to drop to about 266.9 M. In addition to that, Non Current Liabilities Total is likely to drop to about 71.7 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Shimmick Common Company Current Liabilities Analysis

Shimmick Common's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Shimmick Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Shimmick Common is extremely important. It helps to project a fair market value of Shimmick Stock properly, considering its historical fundamentals such as Current Liabilities. Since Shimmick Common's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Shimmick Common's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Shimmick Common's interrelated accounts and indicators.
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Shimmick Current Liabilities Historical Pattern

Today, most investors in Shimmick Common Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Shimmick Common's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Shimmick Common current liabilities as a starting point in their analysis.
   Shimmick Common Current Liabilities   
       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Shimmick Total Current Liabilities

Total Current Liabilities

266.9 Million

At this time, Shimmick Common's Total Current Liabilities is very stable compared to the past year.
In accordance with the recently published financial statements, Shimmick Common has a Current Liabilities of 0.0. This is 100.0% lower than that of the Construction & Engineering sector and 100.0% lower than that of the Industrials industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.

Shimmick Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shimmick Common's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shimmick Common could also be used in its relative valuation, which is a method of valuing Shimmick Common by comparing valuation metrics of similar companies.
Shimmick Common is currently under evaluation in current liabilities category among its peers.

Shimmick Common ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Shimmick Common's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Shimmick Common's managers, analysts, and investors.
Environmental
Governance
Social

Shimmick Fundamentals

About Shimmick Common Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shimmick Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shimmick Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shimmick Common based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 Shimmick Common Piotroski F Score and Shimmick Common Altman Z Score analysis.
To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.