Tractor Cash Flow Coverage Ratios from 2010 to 2024
| TSCO Stock | USD 285.99 4.28 1.52% |
Cash Flow Coverage Ratios | First Reported 2010-12-31 | Previous Quarter 1.05 | Current Value 1 | Quarterly Volatility 0.48445691 |
Check Tractor Supply financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tractor Supply's main balance sheet or income statement drivers, such as Depreciation And Amortization of 412.7 M, Interest Expense of 48.8 M or Total Revenue of 15.3 B, as well as many indicators such as Price To Sales Ratio of 1.67, Dividend Yield of 0.0155 or PTB Ratio of 11.59. Tractor financial statements analysis is a perfect complement when working with Tractor Supply Valuation or Volatility modules.
Tractor | Cash Flow Coverage Ratios |
Latest Tractor Supply's Cash Flow Coverage Ratios Growth Pattern
Below is the plot of the Cash Flow Coverage Ratios of Tractor Supply over the last few years. It is Tractor Supply's Cash Flow Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tractor Supply's overall financial position and show how it may be relating to other accounts over time.
| Cash Flow Coverage Ratios | 10 Years Trend |
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Cash Flow Coverage Ratios |
| Timeline |
Tractor Cash Flow Coverage Ratios Regression Statistics
| Arithmetic Mean | 0.92 | |
| Coefficient Of Variation | 52.42 | |
| Mean Deviation | 0.25 | |
| Median | 0.87 | |
| Standard Deviation | 0.48 | |
| Sample Variance | 0.23 | |
| Range | 2.4629 | |
| R-Value | 0.27 | |
| Mean Square Error | 0.23 | |
| R-Squared | 0.07 | |
| Significance | 0.34 | |
| Slope | 0.03 | |
| Total Sum of Squares | 3.29 |
Tractor Cash Flow Coverage Ratios History
About Tractor Supply Financial Statements
Tractor Supply investors utilize fundamental indicators, such as Cash Flow Coverage Ratios, to predict how Tractor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Flow Coverage Ratios | 1.05 | 1.00 |
Pair Trading with Tractor Supply
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 Tractor Supply 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 Tractor Supply will appreciate offsetting losses from the drop in the long position's value.Moving together with Tractor Stock
Moving against Tractor Stock
| 0.41 | VC | Visteon Corp | PairCorr |
| 0.36 | FL | Foot Locker Earnings Call Tomorrow | PairCorr |
| 0.31 | SAH | Sonic Automotive | PairCorr |
The ability to find closely correlated positions to Tractor Supply could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tractor Supply 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 Tractor Supply - 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 Tractor Supply to buy it.
The correlation of Tractor Supply 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 Tractor Supply moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tractor Supply 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 Tractor Supply 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.Check out the analysis of Tractor Supply Correlation against competitors. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Other Specialty Retail 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 Tractor Supply. If investors know Tractor 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 Tractor Supply 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 (0.04) | Dividend Share 4.33 | Earnings Share 10.28 | Revenue Per Share 137.078 | Quarterly Revenue Growth 0.016 |
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply'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 Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply'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 Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply'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.