Tootsie Net Debt vs Return On Assets Analysis
TR Stock | USD 30.59 0.34 1.12% |
Tootsie Roll financial indicator trend analysis is much more than just breaking down Tootsie Roll Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tootsie Roll Industries is a good investment. Please check the relationship between Tootsie Roll Net Debt and its Return On Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tootsie Roll Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Debt vs Return On Assets
Net Debt vs Return On Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tootsie Roll Industries Net Debt account and Return On Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tootsie Roll's Net Debt and Return On Assets is 0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Return On Assets in the same time period over historical financial statements of Tootsie Roll Industries, assuming nothing else is changed. The correlation between historical values of Tootsie Roll's Net Debt and Return On Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Tootsie Roll Industries are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Net Debt i.e., Tootsie Roll's Net Debt and Return On Assets go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Most indicators from Tootsie Roll's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tootsie Roll Industries 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 Tootsie Roll Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Tootsie Roll's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 05/23/2024, Enterprise Value is likely to grow to about 2.4 B, while Selling General Administrative is likely to drop slightly above 68.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 194.5M | 227.2M | 257.4M | 181.3M | Total Revenue | 566.0M | 681.4M | 769.4M | 451.1M |
Tootsie Roll fundamental ratios Correlations
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Tootsie Roll Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tootsie Roll fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 977.9M | 984.6M | 1.0B | 1.0B | 1.1B | 688.6M | |
Short Long Term Debt Total | 9.8M | 9.2M | 15.9M | 13.3M | 15.9M | 13.1M | |
Other Current Liab | 65.0M | 55.4M | 63.0M | 63.0M | 68.6M | 43.2M | |
Total Current Liabilities | 79.5M | 70.0M | 80.0M | 90.1M | 94.9M | 60.6M | |
Total Stockholder Equity | 759.9M | 763.3M | 769.0M | 783.2M | 823.4M | 535.9M | |
Property Plant And Equipment Net | 188.5M | 187.3M | 208.9M | 212.0M | 223.0M | 149.8M | |
Net Debt | (129.1M) | (157.7M) | (90.0M) | (40.0M) | (60.4M) | (63.4M) | |
Retained Earnings | 40.8M | 32.3M | 39.5M | 48.3M | 62.9M | 79.8M | |
Cash | 139.0M | 166.8M | 105.8M | 53.3M | 76.3M | 75.6M | |
Non Current Assets Total | 624.5M | 663.7M | 750.3M | 709.8M | 743.7M | 465.7M | |
Non Currrent Assets Other | 34.1M | 7.0M | 603K | 465K | 15.2M | 14.4M | |
Cash And Short Term Investments | 239.4M | 208.9M | 145.8M | 149.4M | 171.8M | 110.3M | |
Net Receivables | 48.5M | 45.1M | 58.8M | 62.9M | 64.7M | 36.7M | |
Common Stock Shares Outstanding | 75.9M | 74.9M | 73.7M | 73.0M | 71.9M | 71.0M | |
Liabilities And Stockholders Equity | 977.9M | 984.6M | 1.0B | 1.0B | 1.1B | 688.6M | |
Non Current Liabilities Total | 138.7M | 151.4M | 169.9M | 145.8M | 166.4M | 92.0M | |
Inventory | 59.1M | 59.6M | 55.5M | 84.3M | 94.9M | 50.8M | |
Other Current Assets | 6.4M | 7.3M | 8.1M | 12.5M | 9.2M | 18.2M | |
Other Stockholder Equity | 694.1M | 704.9M | 707.9M | 717.6M | 735.5M | 427.1M | |
Total Liab | 218.2M | 221.5M | 249.8M | 235.9M | 261.3M | 152.7M | |
Property Plant And Equipment Gross | 188.5M | 187.3M | 621.4M | 641.2M | 670.5M | 704.0M | |
Total Current Assets | 353.3M | 320.9M | 268.3M | 309.0M | 340.7M | 222.9M | |
Accumulated Other Comprehensive Income | (20.2M) | (19.8M) | (25.0M) | (30.2M) | (23.2M) | (24.4M) | |
Short Term Debt | 1.8M | 1.6M | 2.0M | 1.8M | 2.4M | 4.1M | |
Accounts Payable | 12.7M | 13.0M | 15.0M | 25.2M | 15.8M | 12.3M | |
Common Stock Total Equity | 45.2M | 45.9M | 46.6M | 47.5M | 54.6M | 44.0M | |
Short Term Investments | 100.4M | 42.1M | 40.0M | 96.1M | 95.5M | 54.1M | |
Common Stock | 45.2M | 45.9M | 46.6M | 47.5M | 48.2M | 44.4M | |
Other Liab | 130.7M | 143.9M | 156.0M | 134.3M | 154.5M | 95.2M | |
Other Assets | 34.8M | 403.1M | 2.0M | 1.9M | 2.2M | 2.1M | |
Property Plant Equipment | 188.5M | 187.3M | 208.9M | 212.0M | 243.8M | 204.0M | |
Net Tangible Assets | 511.6M | 515.1M | 520.8M | 534.9M | 615.1M | 516.0M | |
Noncontrolling Interest In Consolidated Entity | (205K) | (227K) | (245K) | (289K) | (260.1K) | (247.1K) | |
Retained Earnings Total Equity | 40.8M | 32.3M | 39.5M | 48.3M | 43.4M | 50.3M | |
Capital Surpluse | 696.1M | 706.9M | 709.9M | 719.6M | 827.5M | 695.0M |
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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 0.196 | Dividend Share 0.352 | 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.