Tennant Net Receivables from 2010 to 2024

TNC Stock  USD 87.89  2.19  2.56%   
Tennant's Net Receivables is increasing over the years with slightly volatile fluctuation. Overall, Net Receivables is expected to go to about 260 M this year. During the period from 2010 to 2024 Tennant Net Receivables annual values regression line had geometric mean of  165,298,081 and mean square error of 597.7 T. View All Fundamentals
 
Net Receivables  
First Reported
1985-12-31
Previous Quarter
268.8 M
Current Value
260.2 M
Quarterly Volatility
63.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Tennant Company over the last few years. It is Tennant's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Tennant Net Receivables Regression Statistics

Arithmetic Mean180,175,333
Geometric Mean165,298,081
Coefficient Of Variation33.84
Mean Deviation50,395,111
Median199,900,000
Standard Deviation60,964,044
Sample Variance3716.6T
Range225.9M
R-Value0.92
Mean Square Error597.7T
R-Squared0.85
Slope12,573,057
Total Sum of Squares52032.6T

Tennant Net Receivables History

2024260 M
2023247.6 M
2022251.5 M
2021211.4 M
2020199.9 M
2019223.3 M
2018216.2 M

About Tennant Financial Statements

Tennant stakeholders use historical fundamental indicators, such as Tennant's Net Receivables, 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
Net Receivables247.6 M260 M

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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.