Tingo Financials
TIO Stock | 0.02 0 14.63% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Current Ratio | 3.48 | 1.8 |
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The essential information of the day-to-day investment outlook for Tingo includes many different criteria found on its balance sheet. An individual investor should monitor Tingo's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tingo.
Net Income |
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Tingo | Select Account or Indicator |
Understanding current and past Tingo Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tingo's financial statements are interrelated, with each one affecting the others. For example, an increase in Tingo's assets may result in an increase in income on the income statement.
Tingo Stock Summary
Tingo competes with Rigetti Computing, Quantum Computing, IONQ, Desktop Metal, and Quantum. Tingo is entity of United States. It is traded as Stock on NASDAQ exchange.Specialization | Information Technology, Technology Hardware & Equipment |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US55328R1095 |
Business Address | 28 West Grand |
Sector | Electronic Equipment, Instruments & Components |
Industry | Information Technology |
Benchmark | Dow Jones Industrial |
Website | www.tingogroup.com |
Phone | 201 225 0190 |
Tingo Key Financial Ratios
Return On Equity | 0.43 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.11 % | ||||
Price To Sales | 0.07 X | ||||
Revenue | 2.53 B |
Tingo Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9M | 77.7M | 177.8M | 1.7B | 1.9B | 2.0B | |
Other Current Liab | 290K | 4.8M | 4.2M | 68.2M | 78.5M | 82.4M | |
Net Debt | (1.3M) | (28.0M) | (91.3M) | (497.4M) | (447.6M) | (425.2M) | |
Retained Earnings | (17.0M) | (40.0M) | (76.4M) | (123.5M) | (111.1M) | (105.6M) | |
Accounts Payable | 0.0 | 838K | 14.4M | 11.1M | 12.8M | 13.4M | |
Cash | 3.2M | 29.0M | 94.9M | 500.3M | 575.4M | 604.1M | |
Net Receivables | 292K | 523K | 24.0M | 11.5M | 13.3M | 8.5M | |
Inventory | 4.3M | 960K | 2.0M | 1.0 | 0.9 | 0.86 | |
Other Current Assets | 971K | 1.9M | 6.8M | 4.1M | 4.7M | 5.0M | |
Total Liab | 2.7M | 12.0M | 30.1M | 909.4M | 1.0B | 1.1B | |
Total Current Assets | 4.4M | 33.3M | 127.5M | 531.2M | 610.9M | 641.4M | |
Common Stock | 11K | 68K | 122K | 158K | 181.7K | 190.8K |
Tingo Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 477K | 1.2M | 55.7M | 146.0M | 2.5B | 2.7B | |
Gross Profit | (369K) | (58K) | 9.2M | 64.8M | 929.0M | 975.5M | |
Operating Income | (3.9M) | (16.6M) | (37.9M) | (11.8M) | 551.9M | 579.5M | |
Ebit | (3.9M) | (16.6M) | (37.9M) | 22.4M | 20.1M | 21.2M | |
Ebitda | (3.8M) | (14.7M) | (34.8M) | 28.0M | 25.2M | 26.4M | |
Cost Of Revenue | 846K | 1.2M | 46.5M | 81.2M | 1.6B | 1.7B | |
Income Before Tax | (4.8M) | (24.0M) | (38.9M) | (10.4M) | 480.1M | 504.1M | |
Net Income | (4.2M) | (23.0M) | (36.4M) | (47.1M) | 277.6M | 291.5M | |
Income Tax Expense | 17K | (326K) | (1.8M) | 37.5M | 43.1M | 45.2M | |
Research Development | 255K | 484K | 889K | 1.7M | 1.2M | 1.2M |
Tingo Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 348K | (5K) | (6.6M) | 12.5M | 14.3M | 15.1M | |
Change In Cash | 1.0M | 25.9M | 67.8M | 403.5M | (19.0M) | (18.0M) | |
Free Cash Flow | (3.9M) | (8.3M) | (34.2M) | (17.3M) | (392.9M) | (373.3M) | |
Depreciation | 88K | 1.8M | 3.1M | 39.8M | 322.2M | 338.3M | |
Other Non Cash Items | 231K | 9.3M | 9.9M | 6.4M | 64.5M | 67.7M | |
Capital Expenditures | 57K | 32K | 1.2M | 63.3M | 774.9M | 813.6M | |
Net Income | (4.8M) | (23.6M) | (37.2M) | (48.6M) | 277.6M | 291.5M | |
End Period Cash Flow | 3.2M | 29.0M | 97.3M | 502.5M | 178.4M | 187.3M |
Tingo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tingo's current stock value. Our valuation model uses many indicators to compare Tingo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tingo competition to find correlations between indicators driving Tingo's intrinsic value. More Info.Tingo Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.81 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tingo Group is roughly 1.24 . At this time, Tingo's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tingo's earnings, one of the primary drivers of an investment's value.Tingo Group Systematic Risk
Tingo's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tingo 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Tingo Group correlated with the market. If Beta is less than 0 Tingo generally moves in the opposite direction as compared to the market. If Tingo Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tingo Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tingo is generally in the same direction as the market. If Beta > 1 Tingo moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Tingo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tingo'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 Tingo growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Tingo November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tingo help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tingo Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tingo Group based on widely used predictive technical indicators. In general, we focus on analyzing Tingo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tingo's daily price indicators and compare them against related drivers.
Downside Deviation | 45.77 | |||
Information Ratio | 0.1677 | |||
Maximum Drawdown | 2492.86 | |||
Value At Risk | (44.44) | |||
Potential Upside | 135.85 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tingo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & 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 Tingo. If investors know Tingo 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 Tingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.45 | Revenue Per Share 15.292 | Quarterly Revenue Growth 41.613 | Return On Assets 0.3485 | Return On Equity 0.4324 |
The market value of Tingo Group is measured differently than its book value, which is the value of Tingo that is recorded on the company's balance sheet. Investors also form their own opinion of Tingo's value that differs from its market value or its book value, called intrinsic value, which is Tingo'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 Tingo's market value can be influenced by many factors that don't directly affect Tingo'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 Tingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingo'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.