Tredegar Financials

TG Stock  USD 7.17  0.05  0.70%   
Based on the analysis of Tredegar's profitability, liquidity, and operating efficiency, Tredegar is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Tredegar's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Tredegar's current Property Plant And Equipment Net is estimated to increase to about 240.1 M, while Net Debt is projected to decrease to roughly 75.4 M. Key indicators impacting Tredegar's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.990.9401
Notably Up
Slightly volatile
Current Ratio0.670.7092
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Tredegar includes many different criteria found on its balance sheet. An individual investor should monitor Tredegar's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tredegar.

Cash And Equivalents

22.11 Million

  
Understanding current and past Tredegar Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tredegar's financial statements are interrelated, with each one affecting the others. For example, an increase in Tredegar's assets may result in an increase in income on the income statement.

Tredegar Stock Summary

Tredegar competes with Northwest Pipe, Insteel Industries, Ryerson Holding, Haynes International, and ESAB Corp. Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene films, and polyester films in the United States and internationally. Tredegar Corporation was founded in 1955 and is headquartered in Richmond, Virginia. Tredegar Corp operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.
Specialization
Industrials, Metal Fabrication
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8946501009
CUSIP894650100
LocationVirginia; U.S.A
Business Address1100 Boulders Parkway,
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.tredegar.com
Phone804 330 1000
CurrencyUSD - US Dollar

Tredegar Key Financial Ratios

Tredegar Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets712.7M514.9M523.6M542.1M446.5M660.8M
Other Current Liab2.2M48.3M31.1M29.6M24.4M27.3M
Net Debt31.3M139.2M57.5M132.5M149.7M75.4M
Cash31.4M11.8M30.5M19.2M9.7M9.2M
Net Receivables111.7M89.1M105.9M85.3M69.1M105.8M
Inventory81.4M66.4M88.6M127.8M82.0M60.3M
Other Current Assets8.7M21.0M11.5M10.3M15.9M11.5M
Total Liab335.9M405.8M338.9M340.3M290.8M306.9M
Total Current Assets233.2M188.4M236.4M242.6M176.7M225.1M
Intangible Assets22.6M18.8M14.2M11.7M9.9M9.4M
Retained Earnings530.5M239.5M281.2M292.7M178.0M325.3M
Accounts Payable103.7M89.7M123.8M114.9M95.0M69.1M
Common Stock45.5M50.1M55.2M58.8M61.6M35.9M
Other Liab123.8M116.1M84.5M40.9M47.0M63.7M
Other Assets17.9M22.7M18.2M16.8M15.1M14.3M
Long Term Debt42M134M73M137M20M19M
Short Term Debt3.0M2.1M4.3M4.1M128.4M134.9M
Net Tangible Assets376.7M22.5M100.0M201.8M232.0M186.2M
Long Term Debt Total42M134M73M137M123.3M91.2M
Treasury Stock(1.6M)(1.6M)(2.1M)(2.1M)(1.9M)(1.8M)

Tredegar Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense4.1M2.6M3.4M5.0M11.6M12.2M
Total Revenue972.4M755.3M826.5M938.6M704.8M848.2M
Gross Profit168.8M170.6M148.5M139.5M72.3M68.7M
Operating Income66.3M(7.0M)71.7M38.4M(15.9M)(15.1M)
Ebit66.3M(22.5M)70.6M37.8M(15.9M)(15.1M)
Ebitda110.6M12.3M96.5M66.3M(118.5M)(112.6M)
Cost Of Revenue803.6M584.7M677.9M799.0M632.5M693.5M
Income Before Tax58.2M(25.0M)67.2M32.8M(160.0M)(152.0M)
Net Income48.3M(16.8M)57.8M28.5M(105.9M)(100.6M)
Income Tax Expense9.9M(8.2M)9.3M4.4M(54.1M)(51.4M)
Research Development19.6M8.4M6.3M6.2M3.8M3.6M
Non Recurring(4.1M)15.4M1.1M(622K)(715.3K)(679.5K)
Tax Provision9.9M(8.2M)9.3M4.4M(19.4M)(18.4M)
Interest Income20.9M72.2M3.3M6.0M7.0M6.6M
Net Interest Income(4.1M)(2.6M)(3.4M)(5.0M)(9.6M)(9.1M)
Extraordinary Items(10.2M)(58.6M)(111K)74K66.6K69.9K

Tredegar Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(3.0M)(19.6M)18.7M(11.3M)(5.8M)(6.1M)
Free Cash Flow65.0M51.0M43.2M(57.7M)(2.5M)(2.3M)
Depreciation44.3M32.0M23.8M26.4M27.7M37.0M
Other Non Cash Items(3.6M)(5.4M)(1.6M)(34.5M)143.4M150.6M
Capital Expenditures50.9M23.4M27.4M36.9M26.4M34.9M
Net Income48.3M(75.4M)57.8M28.5M(105.9M)(100.6M)
End Period Cash Flow31.4M11.8M30.5M19.2M13.5M12.8M
Change To Inventory11.3M(4.4M)(23.1M)(37.8M)47.6M50.0M
Dividends Paid15.3M216.0M16.2M17.0M8.9M8.4M
Change Receivables16.5M(335K)(17.0M)18.6M21.4M22.4M
Net Borrowings65.5M92M75.5M62.8M72.2M75.8M
Change To Netincome(4.8M)124.9M29.4M(31.0M)(35.7M)(33.9M)
Investments(39.9M)32.9M47.1M1.4M(33.3M)(35.0M)

Tredegar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tredegar's current stock value. Our valuation model uses many indicators to compare Tredegar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tredegar competition to find correlations between indicators driving Tredegar's intrinsic value. More Info.
Tredegar is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Tredegar's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tredegar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Tredegar Systematic Risk

Tredegar's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tredegar volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Tredegar correlated with the market. If Beta is less than 0 Tredegar generally moves in the opposite direction as compared to the market. If Tredegar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tredegar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tredegar is generally in the same direction as the market. If Beta > 1 Tredegar moves generally in the same direction as, but more than the movement of the benchmark.

Tredegar Thematic Clasifications

Tredegar is part of several thematic ideas from Steel Works Etc to Corona Opportunity. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Tredegar Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tredegar's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tredegar growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.003532

At this time, Tredegar's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Tredegar November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tredegar help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tredegar. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tredegar based on widely used predictive technical indicators. In general, we focus on analyzing Tredegar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tredegar's daily price indicators and compare them against related drivers.

Complementary Tools for Tredegar Stock analysis

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