Tootsie Interest Income from 2010 to 2026

TR Stock  USD 37.37  0.43  1.14%   
Tootsie Roll Interest Income yearly trend continues to be relatively stable with very little volatility. Interest Income is likely to drop to about 6.6 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
13.5 M
Current Value
8.9 M
Quarterly Volatility
3.3 M
 
Covid
Check Tootsie Roll financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tootsie Roll's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15 M, Interest Expense of 614.6 K or Total Revenue of 460.3 M, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0075 or PTB Ratio of 3.53. Tootsie financial statements analysis is a perfect complement when working with Tootsie Roll Valuation or Volatility modules.
  
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Check out the analysis of Tootsie Roll Correlation against competitors.

Latest Tootsie Roll's Interest Income Growth Pattern

Below is the plot of the Interest Income of Tootsie Roll Industries over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Tootsie Roll's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tootsie Roll's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Tootsie Interest Income Regression Statistics

Arithmetic Mean4,986,579
Geometric Mean3,470,163
Coefficient Of Variation91.71
Mean Deviation3,494,162
Median3,535,000
Standard Deviation4,573,417
Sample Variance20.9T
Range16.2M
R-Value0.72
Mean Square Error10.8T
R-Squared0.51
Significance0
Slope649,819
Total Sum of Squares334.7T

Tootsie Interest Income History

20266.6 M
202511 M
20249.6 M
20235.2 M
20229.6 M
202117.6 M
2020M

Other Fundumenentals of Tootsie Roll Industries

Tootsie Roll Interest Income component correlations

1.0-0.490.00.870.780.920.190.940.590.080.85-0.04-0.790.260.82-0.360.630.720.580.74-0.630.520.570.010.480.380.43
1.0-0.5-0.010.870.780.930.180.940.580.080.85-0.03-0.80.250.8-0.370.630.720.560.72-0.620.530.560.020.460.390.42
-0.49-0.50.28-0.21-0.48-0.62-0.2-0.490.030.06-0.430.220.51-0.19-0.180.3-0.37-0.47-0.46-0.330.39-0.31-0.24-0.65-0.23-0.49-0.18
0.0-0.010.280.010.18-0.24-0.120.18-0.16-0.57-0.20.1-0.290.080.34-0.48-0.4-0.35-0.38-0.240.39-0.41-0.35-0.17-0.02-0.190.01
0.870.87-0.210.010.630.780.090.850.660.10.67-0.01-0.710.040.65-0.250.490.540.410.57-0.590.50.49-0.340.220.10.2
0.780.78-0.480.180.630.730.610.760.540.050.810.06-0.90.540.85-0.440.670.750.680.73-0.710.520.62-0.150.670.510.68
0.920.93-0.62-0.240.780.730.290.830.60.360.85-0.1-0.710.250.66-0.210.730.790.610.69-0.730.610.650.060.470.560.42
0.190.18-0.2-0.120.090.610.290.030.460.430.560.43-0.290.490.440.210.720.670.510.61-0.760.680.8-0.220.690.610.72
0.940.94-0.490.180.850.760.830.030.46-0.120.67-0.13-0.90.190.74-0.520.40.510.450.51-0.440.320.330.010.270.240.25
0.590.580.03-0.160.660.540.60.460.460.470.660.16-0.430.150.580.20.670.620.480.62-0.750.620.76-0.540.380.250.41
0.080.080.06-0.570.10.050.360.43-0.120.470.330.10.130.070.00.480.540.450.220.25-0.540.50.56-0.340.270.510.24
0.850.85-0.43-0.20.670.810.850.560.670.660.330.16-0.620.590.83-0.170.920.970.720.93-0.80.750.83-0.070.820.650.79
-0.04-0.030.220.1-0.010.06-0.10.43-0.130.160.10.160.060.130.20.280.270.18-0.110.18-0.240.550.38-0.120.260.320.26
-0.79-0.80.51-0.29-0.71-0.9-0.71-0.29-0.9-0.430.13-0.620.06-0.32-0.730.58-0.41-0.51-0.48-0.470.51-0.34-0.340.1-0.34-0.32-0.36
0.260.25-0.190.080.040.540.250.490.190.150.070.590.13-0.320.55-0.320.590.610.440.53-0.230.320.36-0.020.850.60.89
0.820.8-0.180.340.650.850.660.440.740.580.00.830.2-0.730.55-0.350.630.690.50.76-0.540.450.61-0.180.730.430.72
-0.36-0.370.3-0.48-0.25-0.44-0.210.21-0.520.20.48-0.170.280.58-0.32-0.350.08-0.09-0.03-0.1-0.130.20.31-0.09-0.19-0.03-0.17
0.630.63-0.37-0.40.490.670.730.720.40.670.540.920.27-0.410.590.630.080.980.710.89-0.870.880.92-0.130.820.710.8
0.720.72-0.47-0.350.540.750.790.670.510.620.450.970.18-0.510.610.69-0.090.980.730.93-0.850.820.87-0.050.850.720.82
0.580.56-0.46-0.380.410.680.610.510.450.480.220.72-0.11-0.480.440.5-0.030.710.730.77-0.690.490.64-0.020.540.320.57
0.740.72-0.33-0.240.570.730.690.610.510.620.250.930.18-0.470.530.76-0.10.890.930.77-0.80.730.85-0.090.820.480.79
-0.63-0.620.390.39-0.59-0.71-0.73-0.76-0.44-0.75-0.54-0.8-0.240.51-0.23-0.54-0.13-0.87-0.85-0.69-0.8-0.86-0.920.24-0.56-0.53-0.55
0.520.53-0.31-0.410.50.520.610.680.320.620.50.750.55-0.340.320.450.20.880.820.490.73-0.860.87-0.150.580.630.55
0.570.56-0.24-0.350.490.620.650.80.330.760.560.830.38-0.340.360.610.310.920.870.640.85-0.920.87-0.220.690.590.68
0.010.02-0.65-0.17-0.34-0.150.06-0.220.01-0.54-0.34-0.07-0.120.1-0.02-0.18-0.09-0.13-0.05-0.02-0.090.24-0.15-0.22-0.040.21-0.11
0.480.46-0.23-0.020.220.670.470.690.270.380.270.820.26-0.340.850.73-0.190.820.850.540.82-0.560.580.69-0.040.720.99
0.380.39-0.49-0.190.10.510.560.610.240.250.510.650.32-0.320.60.43-0.030.710.720.320.48-0.530.630.590.210.720.68
0.430.42-0.180.010.20.680.420.720.250.410.240.790.26-0.360.890.72-0.170.80.820.570.79-0.550.550.68-0.110.990.68
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About Tootsie Roll Financial Statements

Tootsie Roll shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although Tootsie Roll investors may analyze each financial statement separately, they are all interrelated. The changes in Tootsie Roll's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tootsie Roll's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Income11 M6.6 M
Net Interest Income10.5 M11 M

Pair Trading with Tootsie Roll

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tootsie Roll position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tootsie Roll will appreciate offsetting losses from the drop in the long position's value.

Moving against Tootsie Stock

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The ability to find closely correlated positions to Tootsie Roll could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tootsie Roll when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tootsie Roll - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tootsie Roll Industries to buy it.
The correlation of Tootsie Roll is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tootsie Roll moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tootsie Roll Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tootsie Roll can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Tootsie Stock Analysis

When running Tootsie Roll's price analysis, check to measure Tootsie Roll'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 Tootsie Roll is operating at the current time. Most of Tootsie Roll's value examination focuses on studying past and present price action to predict the probability of Tootsie Roll's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tootsie Roll's price. Additionally, you may evaluate how the addition of Tootsie Roll to your portfolios can decrease your overall portfolio volatility.