22nd Net Interest Income from 2010 to 2024

XXII Stock  USD 0.1  0.0006  0.60%   
22nd Century's Net Interest Income is decreasing with slightly volatile movements from year to year. Net Interest Income is estimated to finish at about -8.7 M this year. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
-480 K
Current Value
-308 K
Quarterly Volatility
1.4 M
 
Covid
Check 22nd Century financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 22nd Century's main balance sheet or income statement drivers, such as Interest Expense of 9.8 M, Selling General Administrative of 33.4 M or Other Operating Expenses of 81 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.0 or Days Sales Outstanding of 17.99. 22nd financial statements analysis is a perfect complement when working with 22nd Century Valuation or Volatility modules.
  
Check out the analysis of 22nd Century Correlation against competitors.

Latest 22nd Century's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of 22nd Century Group over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. 22nd Century's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 22nd Century's overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

22nd Net Interest Income Regression Statistics

Arithmetic Mean(928,442)
Geometric Mean143,347
Coefficient Of Variation(354.06)
Mean Deviation2,130,635
Median(20,860)
Standard Deviation3,287,284
Sample Variance10.8T
Range10.8M
R-Value(0.52)
Mean Square Error8.5T
R-Squared0.27
Significance0.05
Slope(379,137)
Total Sum of Squares151.3T

22nd Net Interest Income History

2024-8.7 M
2023-9.1 M
2022-40 K
2021263 K
20201.7 M
2019M
20181.1 M

About 22nd Century Financial Statements

Investors use fundamental indicators, such as 22nd Century's Net Interest Income, to determine how well the company is positioned to perform in the future. Although 22nd Century's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Interest Income-9.1 M-8.7 M

Currently Active Assets on Macroaxis

When determining whether 22nd Century Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 22nd Century'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 22nd Century Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 22nd Century Group Stock:
Check out the analysis of 22nd Century Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Tobacco 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 22nd Century. If investors know 22nd 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 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(17.92)
Revenue Per Share
1.461
Quarterly Revenue Growth
(0.61)
Return On Assets
(0.23)
Return On Equity
0.3628
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century'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 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.