Tennant Minority Interest from 2010 to 2024
TNC Stock | USD 89.69 1.80 2.05% |
Minority Interest | First Reported 2000-03-31 | Previous Quarter 1.3 M | Current Value 1.3 M | Quarterly Volatility 718 K |
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.
Tennant | Minority Interest |
Latest Tennant's Minority Interest Growth Pattern
Below is the plot of the Minority Interest of Tennant Company over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Tennant Company whose combined shares represent less than 50% of the total outstanding shares issued by Tennant have a minority interest in Tennant. It is Tennant's Minority Interest 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.
Minority Interest | 10 Years Trend |
|
Minority Interest |
Timeline |
Tennant Minority Interest Regression Statistics
Arithmetic Mean | 1,020,867 | |
Geometric Mean | 0.00 | |
Coefficient Of Variation | 95.39 | |
Mean Deviation | 924,009 | |
Median | 1,300,000 | |
Standard Deviation | 973,848 | |
Sample Variance | 948.4B | |
Range | 2M | |
R-Value | (0.84) | |
Mean Square Error | 307.8B | |
R-Squared | 0.70 | |
Significance | 0.0001 | |
Slope | (182,007) | |
Total Sum of Squares | 13.3T |
Tennant Minority Interest History
About Tennant Financial Statements
Tennant stakeholders use historical fundamental indicators, such as Tennant's Minority Interest, 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 Reported | Projected for Next Year |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.