McGrath Interest Income from 2010 to 2024

MGRC Stock

USD 105.34 1.25 1.17%

McGrath RentCorp's Interest Income is increasing over the years with slightly volatile fluctuation. Interest Income is expected to dwindle to about 13 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals

Interest Income

First Reported

2010-12-31

Previous Quarter

14.1 M

Current Value

13 M

Quarterly Volatility

1.1 M

Credit Downgrade

Yuan Drop

Covid

Check McGrath RentCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McGrath RentCorp's main balance sheet or income statement drivers, such as Interest Expense of 42.6 M, Total Revenue of 873.4 M or Gross Profit of 413.3 M, as well as many indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.02 or PTB Ratio of 1.93. McGrath financial statements analysis is a perfect complement when working with McGrath RentCorp Valuation or Volatility modules.

Check out the analysis of McGrath RentCorp Correlation against competitors.

For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.

Latest McGrath RentCorp's Interest Income Growth Pattern

Below is the plot of the Interest Income of McGrath RentCorp over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. McGrath RentCorp's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McGrath RentCorp's overall financial position and show how it may be relating to other accounts over time.

Interest Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Interest Income

Timeline

McGrath Interest Income Regression Statistics

	Arithmetic Mean	11,732,295
	Geometric Mean	11,682,365
	Coefficient Of Variation	9.64
	Mean Deviation	981,076
	Median	12,247,000
	Standard Deviation	1,130,888
	Sample Variance	1.3T
	Range	3.5M
	R-Value	0.88
	Mean Square Error	322.2B
	R-Squared	0.77
	Significance	0.000019
	Slope	221,332
	Total Sum of Squares	17.9T

McGrath Interest Income History

	2024	13 M
	2023	14.1 M
	2019	12.2 M
	2018	12.8 M
	2017	11.3 M
	2016	12.3 M

Other Fundumenentals of McGrath RentCorp

Net Interest Income

McGrath RentCorp Interest Income component correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Total Liab	Net Debt	Accounts Payable	Net Receivables	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.96	0.98	0.93	0.97	0.99	0.98	-0.44	0.57	0.9	0.72	0.92	0.83	0.79	0.71	0.6	0.38	-0.62	0.78	-0.74	0.83
Total Stockholder Equity	0.96		1.0	0.88	0.82	0.98	0.97	0.94	-0.54	0.57	0.79	0.66	0.91	0.77	0.74	0.85	0.5	0.44	-0.71	0.77	-0.69	0.82
Retained Earnings	0.96	1.0		0.87	0.82	0.98	0.97	0.94	-0.58	0.51	0.8	0.68	0.93	0.8	0.77	0.85	0.51	0.45	-0.74	0.8	-0.71	0.84
Total Liab	0.98	0.88	0.87		0.97	0.9	0.95	0.95	-0.33	0.53	0.94	0.73	0.87	0.83	0.78	0.56	0.65	0.3	-0.51	0.75	-0.75	0.79
Net Debt	0.93	0.82	0.82	0.97		0.83	0.92	0.91	-0.34	0.33	1.0	0.78	0.89	0.92	0.86	0.48	0.69	0.29	-0.55	0.79	-0.8	0.83
Accounts Payable	0.97	0.98	0.98	0.9	0.83		0.98	0.95	-0.52	0.57	0.8	0.73	0.92	0.78	0.77	0.81	0.6	0.43	-0.65	0.78	-0.75	0.82
Net Receivables	0.99	0.97	0.97	0.95	0.92	0.98		0.98	-0.51	0.5	0.9	0.77	0.95	0.86	0.83	0.73	0.63	0.4	-0.65	0.82	-0.8	0.86
Total Current Assets	0.98	0.94	0.94	0.95	0.91	0.95	0.98		-0.46	0.53	0.88	0.72	0.91	0.83	0.8	0.69	0.62	0.42	-0.63	0.79	-0.77	0.83
Short Term Debt	-0.44	-0.54	-0.58	-0.33	-0.34	-0.52	-0.51	-0.46		0.05	-0.37	-0.53	-0.57	-0.54	-0.61	-0.58	-0.29	-0.36	0.52	-0.61	0.51	-0.67
Common Stock	0.57	0.57	0.51	0.53	0.33	0.57	0.5	0.53	0.05		0.25	0.1	0.26	0.06	0.04	0.53	0.25	0.18	-0.08	0.24	-0.07	0.05
Long Term Debt	0.9	0.79	0.8	0.94	1.0	0.8	0.9	0.88	-0.37	0.25		0.81	0.9	0.95	0.89	0.46	0.7	0.29	-0.57	0.81	-0.83	0.85
Property Plant Equipment	0.72	0.66	0.68	0.73	0.78	0.73	0.77	0.72	-0.53	0.1	0.81		0.81	0.84	0.89	0.45	0.84	0.06	-0.31	0.79	-0.85	0.8
Current Deferred Revenue	0.92	0.91	0.93	0.87	0.89	0.92	0.95	0.91	-0.57	0.26	0.9	0.81		0.93	0.89	0.73	0.63	0.42	-0.73	0.88	-0.85	0.92
Good Will	0.83	0.77	0.8	0.83	0.92	0.78	0.86	0.83	-0.54	0.06	0.95	0.84	0.93		0.97	0.53	0.68	0.41	-0.7	0.88	-0.89	0.92
Intangible Assets	0.79	0.74	0.77	0.78	0.86	0.77	0.83	0.8	-0.61	0.04	0.89	0.89	0.89	0.97		0.5	0.76	0.43	-0.65	0.89	-0.91	0.9
Net Tangible Assets	0.71	0.85	0.85	0.56	0.48	0.81	0.73	0.69	-0.58	0.53	0.46	0.45	0.73	0.53	0.5		0.37	0.48	-0.67	0.72	-0.47	0.55
Long Term Debt Total	0.6	0.5	0.51	0.65	0.69	0.6	0.63	0.62	-0.29	0.25	0.7	0.84	0.63	0.68	0.76	0.37		0.2	-0.19	0.79	-0.75	0.5
Deferred Long Term Liab	0.38	0.44	0.45	0.3	0.29	0.43	0.4	0.42	-0.36	0.18	0.29	0.06	0.42	0.41	0.43	0.48	0.2		-0.77	0.52	-0.41	0.36
Short Long Term Debt	-0.62	-0.71	-0.74	-0.51	-0.55	-0.65	-0.65	-0.63	0.52	-0.08	-0.57	-0.31	-0.73	-0.7	-0.65	-0.67	-0.19	-0.77		-0.65	0.56	-0.71
Net Invested Capital	0.78	0.77	0.8	0.75	0.79	0.78	0.82	0.79	-0.61	0.24	0.81	0.79	0.88	0.88	0.89	0.72	0.79	0.52	-0.65		-0.84	0.74
Net Working Capital	-0.74	-0.69	-0.71	-0.75	-0.8	-0.75	-0.8	-0.77	0.51	-0.07	-0.83	-0.85	-0.85	-0.89	-0.91	-0.47	-0.75	-0.41	0.56	-0.84		-0.83
Capital Stock	0.83	0.82	0.84	0.79	0.83	0.82	0.86	0.83	-0.67	0.05	0.85	0.8	0.92	0.92	0.9	0.55	0.5	0.36	-0.71	0.74	-0.83

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About McGrath RentCorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include McGrath RentCorp income statement, its balance sheet, and the statement of cash flows. McGrath RentCorp investors use historical funamental indicators, such as McGrath RentCorp's Interest Income, to determine how well the company is positioned to perform in the future. Although McGrath RentCorp investors may use each financial statement separately, they are all related. The changes in McGrath RentCorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on McGrath RentCorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on McGrath RentCorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in McGrath RentCorp. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Interest Income	14.1 M	13 M
Net Interest Income	-35.5 M	-33.8 M

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SGC	Superior Uniform Group
VLN	Valens
GNFT	Genfit

Additional Information and Resources on Investing in McGrath Stock

When determining whether McGrath RentCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McGrath RentCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mcgrath Rentcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcgrath Rentcorp Stock:

How To Invest In McGrath

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Is McGrath Stock a good investment?

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What is McGrath RentCorp's Net Worth?

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Largest Commercial Services & Supplies Companies

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Check out the analysis of McGrath RentCorp Correlation against competitors.

For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Is Commercial Services & Supplies 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 McGrath RentCorp. If investors know McGrath 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 McGrath RentCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.68)

Dividend Share

1.87

Earnings Share

5.02

Revenue Per Share

34.946

Quarterly Revenue Growth

0.147

The market value of McGrath RentCorp is measured differently than its book value, which is the value of McGrath that is recorded on the company's balance sheet. Investors also form their own opinion of McGrath RentCorp's value that differs from its market value or its book value, called intrinsic value, which is McGrath RentCorp'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 McGrath RentCorp's market value can be influenced by many factors that don't directly affect McGrath RentCorp'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 McGrath RentCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if McGrath RentCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McGrath RentCorp'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.

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McGrath Interest Income from 2010 to 2024

Latest McGrath RentCorp's Interest Income Growth Pattern

McGrath Interest Income Regression Statistics

McGrath Interest Income History

Other Fundumenentals of McGrath RentCorp

McGrath RentCorp Interest Income component correlations

About McGrath RentCorp Financial Statements

Also Currently Popular

Additional Information and Resources on Investing in McGrath Stock

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