Tootsie Return On Tangible Assets from 2010 to 2024

TR Stock  USD 29.87  0.06  0.20%   
Tootsie Roll Return On Tangible Assets yearly trend continues to be relatively stable with very little volatility. Return On Tangible Assets are likely to grow to 0.14 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.10992549
Current Value
0.14
Quarterly Volatility
0.02461835
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Tootsie Roll Industries over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Tootsie Roll's Return On Tangible 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.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Tootsie Return On Tangible Assets Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.1
Coefficient Of Variation24.32
Mean Deviation0.02
Median0.1
Standard Deviation0.02
Sample Variance0.0006
Range0.0941
R-Value(0.02)
Mean Square Error0.0007
R-Squared0.0003
Significance0.95
Slope(0.000094)
Total Sum of Squares0.01

Tootsie Return On Tangible Assets History

2024 0.14
2023 0.11
2022 0.0986
2021 0.0848
2020 0.0801
2019 0.089
2018 0.0814

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 Return On Tangible 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
Return On Tangible Assets 0.11  0.14 

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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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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.
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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
0.197
Dividend Share
0.35
Earnings Share
1.31
Revenue Per Share
10.606
Quarterly Revenue Growth
(0.06)
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.