Tootsie Other Current Assets from 2010 to 2024

TR Stock  USD 29.87  0.06  0.20%   
Tootsie Roll Other Current Assets yearly trend continues to be relatively stable with very little volatility. Other Current Assets are likely to grow to about 18.2 M this year. Other Current Assets 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. View All Fundamentals
 
Other Current Assets  
First Reported
1985-12-31
Previous Quarter
7.4 M
Current Value
9.2 M
Quarterly Volatility
27.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
This module can also supplement Tootsie Roll's financial leverage analysis and stock options assessment as well as various Tootsie Roll Technical models . Check out the analysis of Tootsie Roll Correlation against competitors.

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 Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Tootsie Other Current Assets Regression Statistics

Arithmetic Mean8,832,801
Geometric Mean6,608,990
Coefficient Of Variation46.68
Mean Deviation2,910,881
Median8,848,000
Standard Deviation4,123,397
Sample Variance17T
Range18.1M
R-Value0.66
Mean Square Error10.4T
R-Squared0.43
Significance0.01
Slope607,076
Total Sum of Squares238T

Tootsie Other Current Assets History

202418.2 M
20239.2 M
202212.5 M
20218.1 M
20207.3 M
20196.4 M
201810.8 M

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 ReportedProjected for Next Year
Other Current Assets9.2 M18.2 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.

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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.