Tredegar Stock Current Asset
TG Stock | USD 7.17 0.05 0.70% |
Tredegar fundamentals help investors to digest information that contributes to Tredegar's financial success or failures. It also enables traders to predict the movement of Tredegar Stock. The fundamental analysis module provides a way to measure Tredegar's 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 Tredegar stock.
At this time, Tredegar's Non Current Assets Total are most likely to decrease significantly in the upcoming years. The Tredegar's current Total Current Assets is estimated to increase to about 225.1 M, while Other Current Assets are projected to decrease to roughly 11.5 M. Tredegar | Current Asset |
Tredegar Company Current Asset Analysis
Tredegar's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Tredegar Current Asset | 211 M |
Most of Tredegar's fundamental indicators, such as Current Asset, 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, Tredegar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tredegar Current Asset Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tredegar current asset as a starting point in their analysis.
Tredegar Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Tredegar Total Assets
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In accordance with the recently published financial statements, Tredegar has a Current Asset of 211 M. This is 82.53% lower than that of the Chemicals sector and 54.97% lower than that of the Materials industry. The current asset for all United States stocks is 97.74% higher than that of the company.
Tredegar Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tredegar's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tredegar could also be used in its relative valuation, which is a method of valuing Tredegar by comparing valuation metrics of similar companies.Tredegar is currently under evaluation in current asset category among its peers.
Tredegar ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tredegar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tredegar's managers, analysts, and investors.Environmental | Governance | Social |
Tredegar Fundamentals
Return On Equity | -0.18 | ||||
Return On Asset | 0.0281 | ||||
Profit Margin | (0.04) % | ||||
Operating Margin | 0.01 % | ||||
Current Valuation | 402.94 M | ||||
Shares Outstanding | 34.24 M | ||||
Shares Owned By Insiders | 23.32 % | ||||
Shares Owned By Institutions | 60.43 % | ||||
Number Of Shares Shorted | 189.94 K | ||||
Price To Earning | 5.78 X | ||||
Price To Book | 1.55 X | ||||
Price To Sales | 0.34 X | ||||
Revenue | 704.83 M | ||||
Gross Profit | 139.64 M | ||||
EBITDA | (118.52 M) | ||||
Net Income | (105.91 M) | ||||
Cash And Equivalents | 19.23 M | ||||
Cash Per Share | 0.82 X | ||||
Total Debt | 159.37 M | ||||
Debt To Equity | 0.55 % | ||||
Current Ratio | 1.36 X | ||||
Book Value Per Share | 4.69 X | ||||
Cash Flow From Operations | 24 M | ||||
Short Ratio | 1.91 X | ||||
Earnings Per Share | (0.80) X | ||||
Target Price | 17.0 | ||||
Number Of Employees | 1.9 K | ||||
Beta | 0.84 | ||||
Market Capitalization | 240.04 M | ||||
Total Asset | 446.46 M | ||||
Retained Earnings | 177.98 M | ||||
Working Capital | (72.43 M) | ||||
Current Asset | 211 M | ||||
Current Liabilities | 117.8 M | ||||
Five Year Return | 2.93 % | ||||
Net Asset | 446.46 M | ||||
Last Dividend Paid | 0.13 |
About Tredegar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tredegar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tredegar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tredegar 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.
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Check out Tredegar Piotroski F Score and Tredegar Altman Z Score analysis. For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Commodity Chemicals 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 Tredegar. If investors know Tredegar 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 Tredegar 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 (0.83) | Earnings Share (0.80) | Revenue Per Share 20.887 | Quarterly Revenue Growth 0.095 | Return On Assets 0.0281 |
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar'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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar'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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar'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.