What is the level of liabilities of Griffon this year?
Griffon has a debt balance of 2.1 B USD this year.
Griffon Liabilities 2024
Griffon Liabilities
2.1 B USD
Ticker
GFF
ISIN
US3984331021
WKN
856788
In 2024, Griffon's total liabilities amounted to 2.1 B USD, a -10.06% difference from the 2.34 B USD total liabilities in the previous year.
Griffon Aktienanalyse
What does Griffon do?
The Griffon Corporation is a publicly traded company based in New York that specializes in various industry sectors. The company was founded in 1959 by Harvey Blau and originally started as a manufacturer of household and cleaning products under the name Watchung Chemical Corporation. In 1970, Watchung Chemical acquired Phar Medium Corporation, a pharmaceutical products manufacturer. In 1980, the company changed its name to Griffon Corporation and expanded into various industry sectors. Griffon's core business today consists of three divisions: Home & Building Products, Telecommunications Infrastructure, and Specialty Plastics. Each division includes multiple specialized subsidiaries. Home & Building Products is Griffon's largest division and includes subsidiaries such as AMES, a manufacturer of garden and outdoor products, Clopay Building Products, a leading manufacturer of garage doors, and Everhard Products, a manufacturer of drainage solutions. Telecommunications Infrastructure is Griffon's second-largest division and includes subsidiaries such as Clopay Wireless Products, which offers wireless solutions for the telecommunications industry, and Telephonics, a leading manufacturer of radar systems and communication equipment. Griffon's third division is Specialty Plastics, which consists of two subsidiaries: Clopay Plastic Products and Clopay Europe. These companies are leading manufacturers of specialty films, plastic sheets, and packaging materials. Griffon has made numerous acquisitions in recent years to expand its business. In 2018, the company acquired CornellCookson, a manufacturer of roll-up door operators, and in 2019, it acquired ClosetMaid, a manufacturer of built-in closet systems. Overall, Griffon offers a wide range of products, including garage doors, roller shutters, drainage systems, specialty films, plastic sheets, and packaging materials. The company is constantly striving to improve its products and bring innovative solutions to the market. Griffon is also committed to developing sustainable products and solutions to contribute to environmental compatibility. The company has developed an environmentally friendly product line called "EcoLift," which uses electric forklifts with emission-free batteries. Additionally, Griffon has developed packaging materials that are 100% recyclable. Overall, the Griffon Corporation is a diversified company operating in various industry sectors. The company aims to find innovative solutions and develop sustainable products and solutions to meet the needs of its customers. Griffon ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Griffon's Liabilities
Griffon's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Griffon's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Griffon's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Griffon's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Griffon’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Griffon stock
What were the liabilities of Griffon compared to the previous year?
The liabilities of Griffon have increased by -10.06% dropped compared to the previous year.
What are the consequences of high debt for investors of Griffon?
High liabilities can pose a risk for investors of Griffon, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Griffon?
Low liabilities mean that Griffon has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Griffon affect the company?
An increase in liabilities of Griffon can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Griffon affect the company?
A decrease in the liabilities of Griffon can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Griffon?
Some factors that can influence the liabilities of Griffon include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Griffon so important for investors?
The liabilities of Griffon are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Griffon take to modify the liabilities?
To change its liabilities, Griffon can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Griffon pay?
Over the past 12 months, Griffon paid a dividend of 2.5 USD . This corresponds to a dividend yield of about 4.03 %. For the coming 12 months, Griffon is expected to pay a dividend of 1.75 USD.
What is the dividend yield of Griffon?
The current dividend yield of Griffon is 4.03 %.
When does Griffon pay dividends?
Griffon pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of Griffon?
Griffon paid dividends every year for the past 16 years.
What is the dividend of Griffon?
For the upcoming 12 months, dividends amounting to 1.75 USD are expected. This corresponds to a dividend yield of 2.81 %.
In which sector is Griffon located?
Griffon is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Griffon kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Griffon from 9/19/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.
When did Griffon pay the last dividend?
The last dividend was paid out on 9/19/2024.
What was the dividend of Griffon in the year 2023?
In the year 2023, Griffon distributed 2.37 USD as dividends.
In which currency does Griffon pay out the dividend?
The dividends of Griffon are distributed in USD.
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Andere Kennzahlen von Griffon
Our stock analysis for Griffon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Griffon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
