Great Lakes Dredge & Dock
Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company offers capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal … Read more
Great Lakes Dredge & Dock (GLDD) - Total Assets
Latest total assets as of September 2025: $1.27 Billion USD
Based on the latest financial reports, Great Lakes Dredge & Dock (GLDD) holds total assets worth $1.27 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Great Lakes Dredge & Dock - Total Assets Trend (2000–2024)
This chart illustrates how Great Lakes Dredge & Dock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Great Lakes Dredge & Dock - Asset Composition Analysis
Current Asset Composition (December 2024)
Great Lakes Dredge & Dock's total assets of $1.27 Billion consist of 19.4% current assets and 80.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $192.23 Million | 14.7% |
| Inventory | $29.87 Million | 2.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $76.58 Million | 5.9% |
Asset Composition Trend (2000–2024)
This chart illustrates how Great Lakes Dredge & Dock's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Great Lakes Dredge & Dock's current assets represent 19.4% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, up from 0.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 14.7% of total assets.
Great Lakes Dredge & Dock Competitors by Total Assets
Key competitors of Great Lakes Dredge & Dock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
Great Lakes Dredge & Dock - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Great Lakes Dredge & Dock generates 0.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Great Lakes Dredge & Dock generates $ 4.38 in net profit.
Great Lakes Dredge & Dock - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.20 | 1.21 | 2.06 |
| Quick Ratio | 1.06 | 1.01 | 1.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $38.17 Million | $ 37.01 Million | $ 186.41 Million |
Great Lakes Dredge & Dock - Advanced Valuation Insights
This section examines the relationship between Great Lakes Dredge & Dock's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.29 |
| Latest Market Cap to Assets Ratio | 0.80 |
| Asset Growth Rate (YoY) | 17.6% |
| Total Assets | $1.31 Billion |
| Market Capitalization | $1.04 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Great Lakes Dredge & Dock's assets below their book value (0.80 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Great Lakes Dredge & Dock's assets grew by 17.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Great Lakes Dredge & Dock (2000–2024)
The table below shows the annual total assets of Great Lakes Dredge & Dock from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.31 Billion | +17.58% |
| 2023-12-31 | $1.11 Billion | +13.15% |
| 2022-12-31 | $981.78 Million | -1.59% |
| 2021-12-31 | $997.67 Million | +4.14% |
| 2020-12-31 | $958.02 Million | +6.74% |
| 2019-12-31 | $897.55 Million | +22.91% |
| 2018-12-31 | $730.27 Million | -12.26% |
| 2017-12-31 | $832.36 Million | -6.85% |
| 2016-12-31 | $893.59 Million | -0.89% |
| 2015-12-31 | $901.62 Million | +0.94% |
| 2014-12-31 | $893.23 Million | +7.08% |
| 2013-12-31 | $834.21 Million | +0.95% |
| 2012-12-31 | $826.39 Million | +4.81% |
| 2011-12-31 | $788.46 Million | +13.64% |
| 2010-12-31 | $693.83 Million | +4.27% |
| 2009-12-31 | $665.43 Million | -0.11% |
| 2008-12-31 | $666.15 Million | +6.69% |
| 2007-12-31 | $624.36 Million | +18.17% |
| 2006-12-31 | $528.36 Million | +922.68% |
| 2005-12-31 | $51.66 Million | +54283.23% |
| 2004-12-31 | $95.00K | -99.98% |
| 2003-12-31 | $522.90 Million | +81.88% |
| 2002-12-31 | $287.50 Million | -69.99% |
| 2001-12-31 | $958.02 Million | +285.16% |
| 2000-12-31 | $248.74 Million | -- |