Tennant Change To Netincome from 2010 to 2024

TNC Stock  USD 88.37  0.08  0.09%   
Tennant's Change To Netincome is decreasing over the years with slightly volatile fluctuation. Overall, Change To Netincome is projected to go to about -7 M this year. During the period from 2010 to 2024 Tennant Change To Netincome annual values regression line had coefficient of variation of  207.16 and r-squared of  0.52. View All Fundamentals
 
Change To Netincome  
First Reported
2007-06-30
Previous Quarter
4.5 M
Current Value
4.5 M
Quarterly Volatility
3.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tennant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.7 M, Interest Expense of 14.2 M or Total Revenue of 627.5 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0212 or PTB Ratio of 2.3. Tennant financial statements analysis is a perfect complement when working with Tennant Valuation or Volatility modules.
  
Check out the analysis of Tennant Correlation against competitors.

Latest Tennant's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Tennant Company over the last few years. It is Tennant's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tennant's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Tennant Change To Netincome Regression Statistics

Arithmetic Mean3,909,933
Coefficient Of Variation207.16
Mean Deviation6,420,729
Median3,100,000
Standard Deviation8,099,801
Sample Variance65.6T
Range27.5M
R-Value(0.72)
Mean Square Error33.6T
R-Squared0.52
Significance0
Slope(1,312,264)
Total Sum of Squares918.5T

Tennant Change To Netincome History

2024-7 M
2023-7.4 M
2022-8.2 M
2021-200 K
20204.8 M
20193.1 M
2018-2.2 M

About Tennant Financial Statements

Tennant stakeholders use historical fundamental indicators, such as Tennant's Change To Netincome, to determine how well the company is positioned to perform in the future. Although Tennant investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tennant's assets and liabilities are reflected in the revenues and expenses on Tennant'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 Tennant Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome-7.4 M-7 M

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When determining whether Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant'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 Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock:
Check out the analysis of Tennant Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Industrial Machinery & Supplies & Components 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 Tennant. If investors know Tennant 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 Tennant 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
(0.1)
Dividend Share
1.12
Earnings Share
5.67
Revenue Per Share
67.733
Quarterly Revenue Growth
0.036
The market value of Tennant Company is measured differently than its book value, which is the value of Tennant that is recorded on the company's balance sheet. Investors also form their own opinion of Tennant's value that differs from its market value or its book value, called intrinsic value, which is Tennant'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 Tennant's market value can be influenced by many factors that don't directly affect Tennant'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 Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tennant'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.