Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Total Current Assets : $211.2 Mil (As of Mar. 2024)

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What is Great Lakes Dredge & Dock Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Great Lakes Dredge & Dock's total current assets for the quarter that ended in Mar. 2024 was $211.2 Mil.

Great Lakes Dredge & Dock Total Current Assets Historical Data

The historical data trend for Great Lakes Dredge & Dock's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Great Lakes Dredge & Dock Total Current Assets Chart

Great Lakes Dredge & Dock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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300.71

362.69

327.43

182.84

226.33

Great Lakes Dredge & Dock Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															208.59	190.36	167.94	226.33	211.18

Great Lakes Dredge & Dock Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Great Lakes Dredge & Dock's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.841	+	123.545	+	33.912	+	46.03
	=	226.3

Great Lakes Dredge & Dock's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.802	+	109.243	+	32.038	+	47.095
	=	211.2

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Great Lakes Dredge & Dock (NAS:GLDD) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Great Lakes Dredge & Dock's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.802	-	686.048	+	0.75 * 18.28	+	0.5 * 32.038
=	-633.5

Great Lakes Dredge & Dock Total Current Assets Related Terms

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Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Great Lakes Dredge & Dock Corp (NAS:GLDD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

5GL:Germany

Address

9811 Katy Freeway, Suite 1200, Houston, TX, USA, 77024

Website

https://www.gldd.com

Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

Executives

Ryan Levenson	director	2396 DELLWOOD DRIVE, ATLANTA GA 30305
Lasse Petterson	director, officer: CEO & President	2103 RESEARCH FOREST DRIVE THE WOODLANDS TX 77380
David E Simonelli	officer: Chief Operating Officer	C/O GREAT LAKES DREDGE & DOCK CORPORATIO 2122 YORK ROAD OAK BROOK IL 60523
Lawrence R Dickerson	director	15415 KATY FREEWAY STE 100, HOUSTON TX 77094
Kathleen Mackie Lavoy	officer: SVP & Chief Legal Officer	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523
D Michael Steuert	director	C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Ronald Steger	director	13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Kathleen M Shanahan	director	24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Michael Joseph Walsh	director	C/O GREAT LAKES DREDGE & DOCK CORP 2122 YORK ROAD OAK BROOK IL 60523
Mark W. Marinko	officer: Chief Financial Officer	C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Annette W Cyr	officer: Chief HR & Admin Officer	C/O BRIGHTPOINT., INC. 7635 INTERACTIVE WAY, SUITE 200 INDIANAPOLIS IN 46278
Carl A Albert	director	C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
Robert B Uhler	director	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD, SUITE 200 OAK BROOK IL 60523
Jason Weiss	director	C/O BOISE INC. 1111 WEST JEFFERSON STREET, SUITE 200 BOISE ID 83702-5388
Christopher P Shea	officer: President - E&I Division	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523