Great Lakes Dredge & Dock (GLDD) - Total Assets
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. Also see GLDD market cap overview for the company's overall valuation and market capitalisation.
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. Review Great Lakes Dredge & Dock (GLDD) financial obligations to assess the company's total debt and financial obligations.
| 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. See GLDD stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
China Communications Construction Co Ltd
SHG:601800
|
China | CN¥2.02 Trillion |
|
Ackermans & Van Haaren NV
BR:ACKB
|
Belgium | €20.61 Billion |
|
Cadeler As
OL:CADLR
|
Norway | Nkr3.06 Billion |
|
SRG Global Ltd
AU:SRG
|
Australia | AU$1.03 Billion |
|
Zhejiang Southeast Space Frame Co Ltd
SHE:002135
|
China | CN¥17.68 Billion |
|
Shanghai Urban Architecture Design Co. Ltd.
SHE:300983
|
China | CN¥2.83 Billion |
|
Hainan Expressway Co Ltd
SHE:000886
|
China | CN¥4.39 Billion |
|
M Grass Ecology and Environment Group Co Ltd
SHE:300355
|
China | CN¥14.86 Billion |
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 | 0.44 |
| Asset Growth Rate (YoY) | 17.6% |
| Total Assets | $1.31 Billion |
| Market Capitalization | $576.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Great Lakes Dredge & Dock's assets below their book value (0.44x), 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 | -- |
About 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