Tredegar Capital Expenditure Coverage Ratio from 2010 to 2024

TG Stock  USD 7.13  0.08  1.13%   
Tredegar's Capital Expenditure Coverage Ratio is decreasing over the last several years with stable swings. Capital Expenditure Coverage Ratio is estimated to finish at 1.50 this year. During the period from 2010 to 2024 Tredegar Capital Expenditure Coverage Ratio regressed destribution of quarterly values had mean deviationof  0.92 and mean square error of  1.42. View All Fundamentals
 
Capital Expenditure Coverage Ratio  
First Reported
2010-12-31
Previous Quarter
0.90732058
Current Value
1.5
Quarterly Volatility
1.19019648
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tredegar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tredegar's main balance sheet or income statement drivers, such as Interest Expense of 12.2 M, Total Revenue of 848.2 M or Gross Profit of 154.8 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0476 or PTB Ratio of 1.33. Tredegar financial statements analysis is a perfect complement when working with Tredegar Valuation or Volatility modules.
  
Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

Latest Tredegar's Capital Expenditure Coverage Ratio Growth Pattern

Below is the plot of the Capital Expenditure Coverage Ratio of Tredegar over the last few years. It is Tredegar's Capital Expenditure Coverage Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tredegar's overall financial position and show how it may be relating to other accounts over time.
Capital Expenditure Coverage Ratio10 Years Trend
Pretty Stable
   Capital Expenditure Coverage Ratio   
       Timeline  

Tredegar Capital Expenditure Coverage Ratio Regression Statistics

Arithmetic Mean1.85
Coefficient Of Variation64.23
Mean Deviation0.92
Median1.99
Standard Deviation1.19
Sample Variance1.42
Range5.0845
R-Value(0.27)
Mean Square Error1.42
R-Squared0.07
Significance0.33
Slope(0.07)
Total Sum of Squares19.83

Tredegar Capital Expenditure Coverage Ratio History

2024 1.5
2023 0.91
2022 -0.57
2021 2.58
2020 3.18
2019 2.28
2018 2.4

About Tredegar Financial Statements

Tredegar stakeholders use historical fundamental indicators, such as Tredegar's Capital Expenditure Coverage Ratio, to determine how well the company is positioned to perform in the future. Although Tredegar investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tredegar's assets and liabilities are reflected in the revenues and expenses on Tredegar's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tredegar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Expenditure Coverage Ratio 0.91  1.50 

Currently Active Assets on Macroaxis

Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Commodity Chemicals space 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 Tredegar. If investors know Tredegar 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 Tredegar 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
(0.83)
Earnings Share
(0.80)
Revenue Per Share
20.887
Quarterly Revenue Growth
0.095
Return On Assets
0.0281
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar'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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar'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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar'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.