Tut Fitness Group Stock Working Capital

GYM Stock   0.08  0.00  0.00%   
TUT Fitness Group fundamentals help investors to digest information that contributes to TUT Fitness' financial success or failures. It also enables traders to predict the movement of TUT Stock. The fundamental analysis module provides a way to measure TUT Fitness' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TUT Fitness stock.
Change In Working Capital is likely to climb to about 516.9 K in 2024, whereas Net Working Capital is likely to drop slightly above 185.4 K in 2024.
  
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TUT Fitness Group Company Working Capital Analysis

TUT Fitness' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current TUT Fitness Working Capital

    
  216.81 K  
Most of TUT Fitness' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TUT Fitness Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

TUT Capital Lease Obligations

Capital Lease Obligations

96,307.94

At this time, TUT Fitness' Capital Lease Obligations is fairly stable compared to the past year.
According to the company's disclosures, TUT Fitness Group has a Working Capital of 216.81 K. This is 100.0% lower than that of the Leisure Products sector and 99.93% lower than that of the Consumer Discretionary industry. The working capital for all Canada stocks is 99.99% higher than that of the company.

TUT Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TUT Fitness' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TUT Fitness could also be used in its relative valuation, which is a method of valuing TUT Fitness by comparing valuation metrics of similar companies.
TUT Fitness is currently under evaluation in working capital category among its peers.

TUT Fundamentals

About TUT Fitness Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TUT Fitness Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TUT Fitness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TUT Fitness Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for TUT Stock Analysis

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