Tandy Long Term Debt vs Common Stock Analysis

TLF Stock  USD 4.74  0.06  1.28%   
Tandy Leather financial indicator trend analysis is much more than just breaking down Tandy Leather Factory prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tandy Leather Factory is a good investment. Please check the relationship between Tandy Leather Long Term Debt and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tandy Leather Factory Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tandy Leather's Long Term Debt and Common Stock is 0.69. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Tandy Leather Factory, assuming nothing else is changed. The correlation between historical values of Tandy Leather's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tandy Leather Factory are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Tandy Leather's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Tandy Leather Factory has held for over one year. Long-term debt appears on Tandy Leather Factory balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tandy Leather Factory balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

Most indicators from Tandy Leather's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tandy Leather Factory current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Tandy Leather's Tax Provision is most likely to decrease significantly in the upcoming years. The Tandy Leather's current Enterprise Value is estimated to increase to about 37.7 M, while Selling General Administrative is projected to decrease to roughly 28.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense16K9K8.1K7.7K
Depreciation And Amortization4.2M4.4M4.6M4.9M

Tandy Leather fundamental ratios Correlations

0.760.150.730.980.88-0.170.980.470.740.90.73-0.16-0.190.840.87-0.33-0.620.870.980.51-0.9-0.780.530.540.28
0.76-0.480.760.650.870.350.730.810.40.870.520.17-0.60.920.56-0.28-0.80.940.660.79-0.65-0.370.770.47-0.17
0.15-0.48-0.070.27-0.13-0.680.14-0.510.33-0.090.13-0.320.69-0.250.270.040.42-0.190.26-0.51-0.2-0.51-0.46-0.130.6
0.730.76-0.070.620.90.380.620.810.210.90.310.26-0.160.640.59-0.17-0.40.880.590.78-0.71-0.630.670.2-0.31
0.980.650.270.620.8-0.30.980.310.790.830.74-0.27-0.120.760.89-0.32-0.560.770.990.41-0.9-0.80.440.530.39
0.880.87-0.130.90.80.260.830.790.411.00.510.09-0.280.820.72-0.23-0.60.950.770.73-0.77-0.630.710.38-0.16
-0.170.35-0.680.38-0.30.26-0.210.63-0.710.21-0.560.55-0.440.04-0.090.12-0.20.21-0.350.60.140.30.51-0.3-0.91
0.980.730.140.620.980.83-0.210.380.760.850.72-0.23-0.260.840.89-0.36-0.680.810.980.46-0.88-0.720.510.570.33
0.470.81-0.510.810.310.790.630.38-0.010.760.180.53-0.370.680.27-0.12-0.480.820.30.7-0.38-0.210.660.21-0.5
0.740.40.330.210.790.41-0.710.76-0.010.450.93-0.390.020.640.52-0.33-0.380.490.830.0-0.6-0.560.050.620.77
0.90.87-0.090.90.831.00.210.850.760.450.550.04-0.290.820.73-0.22-0.610.950.80.72-0.82-0.690.720.41-0.12
0.730.520.130.310.740.51-0.560.720.180.930.55-0.41-0.040.710.37-0.29-0.40.580.770.14-0.57-0.510.20.690.58
-0.160.17-0.320.26-0.270.090.55-0.230.53-0.390.04-0.410.010.08-0.08-0.040.10.18-0.240.190.260.27-0.07-0.31-0.38
-0.19-0.60.69-0.16-0.12-0.28-0.44-0.26-0.370.02-0.29-0.040.01-0.46-0.20.050.86-0.36-0.14-0.470.3-0.07-0.76-0.330.34
0.840.92-0.250.640.760.820.040.840.680.640.820.710.08-0.460.62-0.37-0.790.920.790.5-0.69-0.450.580.610.18
0.870.560.270.590.890.72-0.090.890.270.520.730.37-0.08-0.20.62-0.3-0.560.670.880.43-0.85-0.730.430.290.24
-0.33-0.280.04-0.17-0.32-0.230.12-0.36-0.12-0.33-0.22-0.29-0.040.05-0.37-0.30.28-0.31-0.36-0.160.260.14-0.05-0.59-0.25
-0.62-0.80.42-0.4-0.56-0.6-0.2-0.68-0.48-0.38-0.61-0.40.10.86-0.79-0.560.28-0.68-0.58-0.50.650.31-0.79-0.580.03
0.870.94-0.190.880.770.950.210.810.820.490.950.580.18-0.360.920.67-0.31-0.680.780.7-0.77-0.590.680.47-0.04
0.980.660.260.590.990.77-0.350.980.30.830.80.77-0.24-0.140.790.88-0.36-0.580.780.37-0.88-0.770.40.560.46
0.510.79-0.510.780.410.730.60.460.70.00.720.140.19-0.470.50.43-0.16-0.50.70.37-0.48-0.240.750.14-0.55
-0.9-0.65-0.2-0.71-0.9-0.770.14-0.88-0.38-0.6-0.82-0.570.260.3-0.69-0.850.260.65-0.77-0.88-0.480.89-0.65-0.5-0.18
-0.78-0.37-0.51-0.63-0.8-0.630.3-0.72-0.21-0.56-0.69-0.510.27-0.07-0.45-0.730.140.31-0.59-0.77-0.240.89-0.41-0.28-0.27
0.530.77-0.460.670.440.710.510.510.660.050.720.2-0.07-0.760.580.43-0.05-0.790.680.40.75-0.65-0.410.31-0.5
0.540.47-0.130.20.530.38-0.30.570.210.620.410.69-0.31-0.330.610.29-0.59-0.580.470.560.14-0.5-0.280.310.35
0.28-0.170.6-0.310.39-0.16-0.910.33-0.50.77-0.120.58-0.380.340.180.24-0.250.03-0.040.46-0.55-0.18-0.27-0.50.35
Click cells to compare fundamentals

Tandy Leather Account Relationship Matchups

Tandy Leather fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets80.1M75.7M73.1M68.6M72.1M46.4M
Short Long Term Debt Total14.5M13.3M11.7M10.4M9.4M6.4M
Other Current Liab1.9M2.3M3.7M2.4M3.2M2.7M
Total Current Liabilities12.2M12.9M12.2M8.9M8.9M7.9M
Total Stockholder Equity56.4M52.2M51.5M51.5M56.3M33.7M
Property Plant And Equipment Net26.8M24.2M22.2M20.9M19.6M10.1M
Net Debt(1.4M)2.9M1.5M2.4M(2.7M)(2.6M)
Retained Earnings62.2M57.3M58.7M59.9M63.7M32.5M
Accounts Payable6.2M6.8M5M3.3M2.3M2.2M
Cash15.9M10.3M10.2M8.0M12.2M7.5M
Non Current Assets Total27.6M24.7M22.6M21.3M20.9M12.8M
Cash And Short Term Investments25.1M10.3M10.2M8.0M12.2M8.2M
Net Receivables408.7K3.1M1.6M672K512K486.4K
Common Stock Shares Outstanding9.0M9.1M8.7M8.4M8.4M8.0M
Liabilities And Stockholders Equity80.1M75.7M73.1M68.6M72.1M46.4M
Non Current Liabilities Total11.5M10.6M9.4M8.2M6.9M4.7M
Inventory24.0M36.8M38.1M38.2M38.0M22.3M
Other Current Assets297.0K265K141K106K588K422.8K
Other Stockholder Equity(4.7M)(3.8M)(5.8M)(6.6M)(5.8M)(5.5M)
Total Liab23.7M23.5M21.6M17.1M15.8M12.6M
Total Current Assets52.5M51.0M50.4M47.3M51.3M33.6M
Short Term Debt3.8M3.5M3.1M2.9M3.2M1.7M
Intangible Assets16.5K7K6K5K4.5K4.3K
Non Currrent Assets Other386.1K344.8K387K394K438K421.5K
Property Plant And Equipment Gross41.4M27.5M38.2M37.9M37.7M39.6M
Accumulated Other Comprehensive Income(1.1M)(1.3M)(1.4M)(1.9M)(1.5M)(1.5M)
Other Assets634.3K772K469K394K453.1K577.2K
Common Stock25.1K25K24K23K20.7K20.6K
Property Plant Equipment14.4M26.8M12.9M22.2M25.6M26.8M
Current Deferred Revenue319.1K301K351K256K223K211.9K
Net Tangible Assets59.5M56.4M67.4M51.5M59.2M55.9M

Currently Active Assets on Macroaxis

When determining whether Tandy Leather Factory is a strong investment it is important to analyze Tandy Leather'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 Tandy Leather's future performance. For an informed investment choice regarding Tandy Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Tandy Stock analysis

When running Tandy Leather's price analysis, check to measure Tandy Leather'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 Tandy Leather is operating at the current time. Most of Tandy Leather's value examination focuses on studying past and present price action to predict the probability of Tandy Leather's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tandy Leather's price. Additionally, you may evaluate how the addition of Tandy Leather to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bonds Directory
Find actively traded corporate debentures issued by US companies
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stocks Directory
Find actively traded stocks across global markets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Is Tandy Leather'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 Tandy Leather. If investors know Tandy 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 Tandy Leather 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
(0.25)
Earnings Share
0.43
Revenue Per Share
8.984
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0363
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather'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 Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather'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 Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandy Leather'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.