Tootsie Other Current Assets from 2010 to 2024
TR Stock | USD 29.87 0.06 0.20% |
Other Current Assets | First Reported 1985-12-31 | Previous Quarter 7.4 M | Current Value 9.2 M | Quarterly Volatility 27.1 M |
Check Tootsie Roll financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tootsie main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.4 M, Interest Expense of 353.9 K or Total Revenue of 451.1 M, as well as many exotic indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0076 or PTB Ratio of 3.61. Tootsie financial statements analysis is a perfect complement when working with Tootsie Roll Valuation or Volatility modules.
Tootsie | Other Current Assets |
Latest Tootsie Roll's Other Current Assets Growth Pattern
Below is the plot of the Other Current Assets of Tootsie Roll Industries over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Tootsie Roll's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tootsie Roll's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets | 10 Years Trend |
|
Other Current Assets |
Timeline |
Tootsie Other Current Assets Regression Statistics
Arithmetic Mean | 8,832,801 | |
Geometric Mean | 6,608,990 | |
Coefficient Of Variation | 46.68 | |
Mean Deviation | 2,910,881 | |
Median | 8,848,000 | |
Standard Deviation | 4,123,397 | |
Sample Variance | 17T | |
Range | 18.1M | |
R-Value | 0.66 | |
Mean Square Error | 10.4T | |
R-Squared | 0.43 | |
Significance | 0.01 | |
Slope | 607,076 | |
Total Sum of Squares | 238T |
Tootsie Other Current Assets History
About Tootsie Roll Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Tootsie Roll income statement, its balance sheet, and the statement of cash flows. Tootsie Roll investors use historical funamental indicators, such as Tootsie Roll's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Tootsie Roll investors may use each financial statement separately, they are all related. The changes in Tootsie Roll's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tootsie Roll'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 Tootsie Roll Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tootsie Roll. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Other Current Assets | 9.2 M | 18.2 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tootsie Roll in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tootsie Roll's short interest history, or implied volatility extrapolated from Tootsie Roll options trading.
Currently Active Assets on Macroaxis
When determining whether Tootsie Roll Industries is a strong investment it is important to analyze Tootsie Roll's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tootsie Roll's future performance. For an informed investment choice regarding Tootsie Stock, refer to the following important reports:Check out the analysis of Tootsie Roll Correlation against competitors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Tootsie Stock analysis
When running Tootsie Roll's price analysis, check to measure Tootsie Roll's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tootsie Roll is operating at the current time. Most of Tootsie Roll's value examination focuses on studying past and present price action to predict the probability of Tootsie Roll's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tootsie Roll's price. Additionally, you may evaluate how the addition of Tootsie Roll to your portfolios can decrease your overall portfolio volatility.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
Is Tootsie Roll's industry 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 Tootsie Roll. If investors know Tootsie 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 Tootsie Roll 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 0.179 | Dividend Share 0.35 | Earnings Share 1.32 | Revenue Per Share 10.697 | Quarterly Revenue Growth 0.04 |
The market value of Tootsie Roll Industries is measured differently than its book value, which is the value of Tootsie that is recorded on the company's balance sheet. Investors also form their own opinion of Tootsie Roll's value that differs from its market value or its book value, called intrinsic value, which is Tootsie Roll'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 Tootsie Roll's market value can be influenced by many factors that don't directly affect Tootsie Roll'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 Tootsie Roll's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tootsie Roll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tootsie Roll'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.