Tenon Gross Profit from 2010 to 2024

TNON Stock  USD 0.64  0.02  3.03%   
Tenon Medical Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to grow to about 855.8 K this year. Gross Profit is the profit Tenon Medical makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
815 K
Current Value
855.8 K
Quarterly Volatility
346.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tenon Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenon Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 295.2 K, Interest Expense of 19.9 K or Selling General Administrative of 3.9 M, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0 or PTB Ratio of 3.87. Tenon financial statements analysis is a perfect complement when working with Tenon Medical Valuation or Volatility modules.
  
Check out the analysis of Tenon Medical Correlation against competitors.
To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide.

Latest Tenon Medical's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Tenon Medical over the last few years. Gross profit is a required income statement account that reflects total revenue of Tenon Medical minus its cost of goods sold. It is profit before Tenon Medical operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Tenon Medical's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tenon Medical's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (641 K)10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Tenon Gross Profit Regression Statistics

Arithmetic Mean100,945
Coefficient Of Variation343.04
Mean Deviation196,393
Median35,383
Standard Deviation346,283
Sample Variance119.9B
Range1.5M
R-Value0.34
Mean Square Error114.5B
R-Squared0.11
Significance0.22
Slope26,027
Total Sum of Squares1.7T

Tenon Gross Profit History

2024855.8 K
2023815 K
2022-641 K
2021105 K
202025.6 K

Other Fundumenentals of Tenon Medical

Tenon Medical Gross Profit component correlations

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-0.060.92-0.96-0.27-0.010.36-0.76-0.08-0.880.58-0.26-0.970.640.00.490.780.48
0.170.92-0.86-0.6-0.110.7-0.520.12-0.70.58-0.59-0.920.870.330.760.960.73
0.31-0.96-0.860.10.03-0.250.880.330.97-0.330.220.99-0.490.19-0.32-0.67-0.32
-0.8-0.27-0.60.10.08-0.95-0.37-0.74-0.15-0.580.80.23-0.91-0.95-0.97-0.8-0.94
0.23-0.01-0.110.030.08-0.30.050.270.020.330.410.09-0.06-0.01-0.07-0.09-0.01
0.590.360.7-0.25-0.95-0.30.20.52-0.020.42-0.92-0.380.920.840.950.850.9
0.67-0.76-0.520.88-0.370.050.20.680.96-0.01-0.190.81-0.030.630.16-0.240.11
0.99-0.080.120.33-0.740.270.520.680.520.72-0.320.250.550.880.660.370.62
0.51-0.88-0.70.97-0.150.02-0.020.960.52-0.180.030.93-0.260.43-0.08-0.47-0.08
0.70.580.58-0.33-0.580.330.42-0.010.72-0.18-0.18-0.380.70.550.670.660.64
-0.38-0.26-0.590.220.80.41-0.92-0.19-0.320.03-0.180.34-0.76-0.69-0.8-0.72-0.65
0.21-0.97-0.920.990.230.09-0.380.810.250.93-0.380.34-0.60.07-0.44-0.76-0.43
0.610.640.87-0.49-0.91-0.060.92-0.030.55-0.260.7-0.76-0.60.760.980.980.94
0.920.00.330.19-0.95-0.010.840.630.880.430.55-0.690.070.760.860.590.82
0.720.490.76-0.32-0.97-0.070.950.160.66-0.080.67-0.8-0.440.980.860.920.95
0.430.780.96-0.67-0.8-0.090.85-0.240.37-0.470.66-0.72-0.760.980.590.920.88
0.690.480.73-0.32-0.94-0.010.90.110.62-0.080.64-0.65-0.430.940.820.950.88
Click cells to compare fundamentals

About Tenon Medical Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tenon Medical income statement, its balance sheet, and the statement of cash flows. Tenon Medical investors use historical funamental indicators, such as Tenon Medical's Gross Profit, to determine how well the company is positioned to perform in the future. Although Tenon Medical investors may use each financial statement separately, they are all related. The changes in Tenon Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tenon Medical'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 Tenon Medical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tenon Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit815 K855.8 K
Gross Profit Margin 0.28  0.28 

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Additional Information and Resources on Investing in Tenon Stock

When determining whether Tenon Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenon Medical'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 Tenon Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenon Medical Stock:
Check out the analysis of Tenon Medical Correlation against competitors.
To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Health Care Equipment & 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 Tenon Medical. If investors know Tenon 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 Tenon Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(82.85)
Revenue Per Share
1.431
Quarterly Revenue Growth
0.661
Return On Assets
(1.15)
Return On Equity
(4.70)
The market value of Tenon Medical is measured differently than its book value, which is the value of Tenon that is recorded on the company's balance sheet. Investors also form their own opinion of Tenon Medical's value that differs from its market value or its book value, called intrinsic value, which is Tenon Medical'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 Tenon Medical's market value can be influenced by many factors that don't directly affect Tenon Medical'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 Tenon Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenon Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenon Medical'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.