Tri Continental Closed Stock Return On Asset
| TY Stock | USD 33.89 0.11 0.33% |
Tri Continental Closed fundamentals help investors to digest information that contributes to Tri Continental's financial success or failures. It also enables traders to predict the movement of Tri Stock. The fundamental analysis module provides a way to measure Tri Continental'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 Tri Continental stock.
Return On Assets is likely to drop to 0.13 in 2024. Tri | Return On Asset |
Tri Continental Closed Company Return On Asset Analysis
Tri Continental's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Tri Continental Return On Asset | 0.0203 |
Most of Tri Continental's fundamental indicators, such as Return On 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, Tri Continental Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tri Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Tri Continental is extremely important. It helps to project a fair market value of Tri Stock properly, considering its historical fundamentals such as Return On Asset. Since Tri Continental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tri Continental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tri Continental's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Tri Continental Closed has a Return On Asset of 0.0203. This is 104.32% lower than that of the Capital Markets sector and 99.23% lower than that of the Financials industry. The return on asset for all United States stocks is 114.5% lower than that of the firm.
Tri Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tri Continental's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tri Continental could also be used in its relative valuation, which is a method of valuing Tri Continental by comparing valuation metrics of similar companies.Tri Continental is currently under evaluation in return on asset category among its peers.
Tri Continental Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tri Continental from analyzing Tri Continental's financial statements. These drivers represent accounts that assess Tri Continental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tri Continental's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.5B | 1.5B | 1.8B | 1.4B | 1.5B | 1.7B | |
| Enterprise Value | 1.5B | 1.5B | 1.8B | 1.4B | 1.5B | 1.7B |
Tri Continental 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, Tri Continental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tri Continental's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Tri Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0203 | ||||
| Profit Margin | 4.27 % | ||||
| Operating Margin | 0.88 % | ||||
| Current Valuation | 1.79 B | ||||
| Shares Outstanding | 51.8 M | ||||
| Shares Owned By Insiders | 0.03 % | ||||
| Shares Owned By Institutions | 13.75 % | ||||
| Number Of Shares Shorted | 800.51 K | ||||
| Price To Earning | 7.40 X | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 26.61 X | ||||
| Revenue | 67.1 M | ||||
| Gross Profit | 68.21 M | ||||
| EBITDA | 253.08 M | ||||
| Net Income | 253.08 M | ||||
| Cash And Equivalents | 57.25 K | ||||
| Total Debt | 3.95 M | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 35.14 X | ||||
| Cash Flow From Operations | 435.7 M | ||||
| Short Ratio | 23.34 X | ||||
| Earnings Per Share | 5.42 X | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 1.76 B | ||||
| Total Asset | 1.75 B | ||||
| Retained Earnings | 269.92 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 1.75 B | ||||
| Last Dividend Paid | 1.08 |
About Tri Continental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tri Continental Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tri Continental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tri Continental Closed 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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When running Tri Continental's price analysis, check to measure Tri Continental'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 Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.