22nd Retained Earnings vs Good Will Analysis

XXII Stock  USD 1.39  0.13  8.55%   
22nd Century financial indicator trend analysis is way more than just evaluating 22nd Century Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 22nd Century Group is a good investment. Please check the relationship between 22nd Century Retained Earnings and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 22nd Century Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 22nd Century Group Retained Earnings account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between 22nd Century's Retained Earnings and Good Will is -0.89. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of 22nd Century Group, assuming nothing else is changed. The correlation between historical values of 22nd Century's Retained Earnings and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of 22nd Century Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., 22nd Century's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from 22nd Century's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 22nd Century Group 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 22nd Century Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
As of now, 22nd Century's Selling General Administrative is increasing as compared to previous years. The 22nd Century's current Tax Provision is estimated to increase to about 49.4 K, while Issuance Of Capital Stock is projected to decrease to under 18.5 M.
 2021 2022 2023 2024 (projected)
Research Development3.3M6.6M2M1.9M
Total Revenue30.9M62.1M32.2M21.3M

22nd Century fundamental ratios Correlations

0.210.220.940.780.09-0.40.52-0.090.820.450.780.630.62-0.030.620.130.910.630.080.290.67-0.030.730.640.87
0.210.98-0.120.410.82-0.970.85-0.110.3-0.04-0.150.860.290.820.90.960.10.860.940.940.440.850.440.750.35
0.220.98-0.120.40.86-0.970.9-0.140.28-0.15-0.130.860.310.860.890.990.130.860.980.960.430.920.470.750.34
0.94-0.12-0.120.64-0.21-0.070.21-0.050.730.520.850.340.51-0.350.32-0.220.880.34-0.26-0.040.52-0.350.570.370.76
0.780.410.40.640.22-0.550.610.040.930.310.280.670.90.30.670.380.50.670.310.510.950.120.930.90.83
0.090.820.86-0.210.22-0.760.75-0.60.15-0.31-0.170.630.210.760.670.850.030.630.870.820.30.850.250.550.1
-0.4-0.97-0.97-0.07-0.55-0.76-0.910.06-0.43-0.02-0.03-0.94-0.38-0.78-0.97-0.93-0.29-0.94-0.91-0.94-0.54-0.81-0.58-0.84-0.5
0.520.850.90.210.610.75-0.91-0.130.52-0.050.140.910.520.740.920.870.410.910.860.890.590.790.70.840.6
-0.09-0.11-0.14-0.050.04-0.60.06-0.13-0.020.13-0.12-0.04-0.01-0.03-0.07-0.11-0.12-0.04-0.13-0.12-0.02-0.180.130.010.12
0.820.30.280.730.930.15-0.430.52-0.020.510.310.550.910.120.590.240.510.550.160.430.91-0.020.90.780.9
0.45-0.04-0.150.520.31-0.31-0.02-0.050.130.510.310.130.19-0.370.14-0.220.30.13-0.32-0.150.29-0.430.220.110.59
0.78-0.15-0.130.850.28-0.17-0.030.14-0.120.310.310.310.05-0.370.24-0.240.950.31-0.25-0.150.1-0.230.20.110.47
0.630.860.860.340.670.63-0.940.91-0.040.550.130.310.430.640.980.80.551.00.760.810.580.660.650.870.64
0.620.290.310.510.90.21-0.380.52-0.010.910.190.050.430.270.490.30.270.430.260.490.940.090.930.780.74
-0.030.820.86-0.350.30.76-0.780.74-0.030.12-0.37-0.370.640.270.660.93-0.140.640.920.850.360.890.390.640.14
0.620.90.890.320.670.67-0.970.92-0.070.590.140.240.980.490.660.840.50.980.80.890.630.690.680.890.67
0.130.960.99-0.220.380.85-0.930.87-0.110.24-0.22-0.240.80.30.930.840.020.80.990.950.430.930.450.740.28
0.910.10.130.880.50.03-0.290.41-0.120.510.30.950.550.27-0.140.50.020.550.00.130.34-0.030.450.390.66
0.630.860.860.340.670.63-0.940.91-0.040.550.130.311.00.430.640.980.80.550.760.810.580.660.650.870.64
0.080.940.98-0.260.310.87-0.910.86-0.130.16-0.32-0.250.760.260.920.80.990.00.760.940.360.960.40.690.21
0.290.940.96-0.040.510.82-0.940.89-0.120.43-0.15-0.150.810.490.850.890.950.130.810.940.580.860.610.820.43
0.670.440.430.520.950.3-0.540.59-0.020.910.290.10.580.940.360.630.430.340.580.360.580.170.920.870.8
-0.030.850.92-0.350.120.85-0.810.79-0.18-0.02-0.43-0.230.660.090.890.690.93-0.030.660.960.860.170.240.510.04
0.730.440.470.570.930.25-0.580.70.130.90.220.20.650.930.390.680.450.450.650.40.610.920.240.880.86
0.640.750.750.370.90.55-0.840.840.010.780.110.110.870.780.640.890.740.390.870.690.820.870.510.880.74
0.870.350.340.760.830.1-0.50.60.120.90.590.470.640.740.140.670.280.660.640.210.430.80.040.860.74
Click cells to compare fundamentals

22nd Century Account Relationship Matchups

22nd Century fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.0M51.7M76.0M114.7M27.5M35.5M
Other Current Liab3.0M5.2M5.2M6.4M13.2M13.9M
Total Current Liabilities5.8M7.3M8.4M13.0M25.0M26.3M
Total Stockholder Equity62.1M44.1M66.1M96.0M(8.4M)(8.0M)
Property Plant And Equipment Net3.7M2.7M7.6M15.8M5.3M3.6M
Net Debt989.8K(243K)1M3.7M14.3M15.0M
Retained Earnings(125.7M)(145.4M)(178.0M)(237.8M)(378.7M)(359.8M)
Accounts Payable2.0M1.1M2.2M4.2M4.4M4.7M
Cash485.1K1.0M1.3M3.0M2.1M2.7M
Non Current Assets Total26.2M23.4M21.6M70.0M11.2M13.5M
Non Currrent Assets Other5.6M5.9M3.7M3.6M15K14.3K
Cash And Short Term Investments39.0M22.3M48.7M21.2M2.1M2.0M
Common Stock Total Equity1.2K1.4K1K2K2.3K2.4K
Common Stock Shares Outstanding524.5K578.4K650.9K10.4M1.3M974.6K
Liabilities And Stockholders Equity69.0M51.7M76.0M114.7M27.5M35.5M
Non Current Liabilities Total1.1M241K1.5M5.7M10.9M11.4M
Other Stockholder Equity187.7M189.4M244.2M333.9M370.3M388.8M
Total Liab6.9M7.6M9.9M18.7M35.9M37.7M
Total Current Assets42.7M28.3M54.4M44.6M16.3M22.0M
Common Stock1.2K1.4K1K2K2.3K2.4K
Short Long Term Debt Total1.5M786K2.3M6.7M16.4M17.2M
Net Receivables866.9K2.2M585K5.6M7.4M7.8M
Other Current Assets648.1K1.8M2.2M7.7M2.4M1.6M
Short Term Debt800.5K786K904K1.6M6.6M7.0M
Inventory2.3M2.0M2.9M10.0M4.3M3.3M
Property Plant And Equipment Gross3.7M2.7M7.6M15.8M9.7M10.1M
Intangible Assets8.5M8.2M7.9M16.9M5.9M7.7M
Property Plant Equipment3.7M2.7M7.6M13.1M15.1M15.8M
Net Tangible Assets53.6M35.9M58.2M46.0M52.9M40.4M
Current Deferred Revenue4.9K272K119K831K726K762.3K
Retained Earnings Total Equity(125.7M)(145.4M)(178.0M)(237.8M)(214.0M)(203.3M)
Capital Surpluse187.7M189.4M244.2M333.9M384.0M403.2M
Accumulated Other Comprehensive Income21.4K7.1K74K(162K)(111K)0.0
Long Term Investments8.4M12.4M2.3M682K784.3K745.1K
Short Long Term Debt580.7K539K596K908K6.4M6.7M

Currently Active Assets on Macroaxis

When determining whether 22nd Century Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 22nd Century's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 22nd Century Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 22nd Century Group Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 22nd Century Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running 22nd Century's price analysis, check to measure 22nd Century'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 22nd Century is operating at the current time. Most of 22nd Century's value examination focuses on studying past and present price action to predict the probability of 22nd Century's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 22nd Century's price. Additionally, you may evaluate how the addition of 22nd Century to your portfolios can decrease your overall portfolio volatility.
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Is 22nd Century'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 22nd Century. If investors know 22nd 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 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(49.92)
Revenue Per Share
16.834
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.37)
Return On Equity
(1.25)
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century'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 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.