Tandy Cost Of Revenue vs Ebit Per Revenue Analysis

TLF Stock  USD 4.21  0.01  0.24%   
Tandy Leather financial indicator trend analysis is much more than just breaking down Tandy Leather Factory prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tandy Leather Factory is a good investment. Please check the relationship between Tandy Leather Cost Of Revenue and its Ebit Per Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Ebit Per Revenue

Cost Of Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tandy Leather Factory Cost Of Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tandy Leather's Cost Of Revenue and Ebit Per Revenue is -0.21. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Tandy Leather Factory, assuming nothing else is changed. The correlation between historical values of Tandy Leather's Cost Of Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Tandy Leather Factory are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Cost Of Revenue i.e., Tandy Leather's Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Tandy Leather Factory income statement and represents the costs associated with goods and services Tandy Leather provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebit Per Revenue

Most indicators from Tandy Leather's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tandy Leather Factory current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Tandy Leather's Tax Provision is most likely to decrease significantly in the upcoming years. The Tandy Leather's current Enterprise Value is estimated to increase to about 37.7 M, while Selling General Administrative is projected to decrease to roughly 28.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense16K9K8.1K7.7K
Depreciation And Amortization4.3M4.4M4.6M4.9M

Tandy Leather fundamental ratios Correlations

0.760.10.730.980.88-0.170.980.480.740.90.73-0.16-0.190.840.87-0.08-0.620.870.980.27-0.9-0.780.530.540.28
0.76-0.330.760.650.870.350.730.810.40.870.520.17-0.60.920.560.16-0.80.940.660.57-0.65-0.370.770.47-0.17
0.1-0.330.040.14-0.09-0.550.03-0.250.32-0.080.210.110.83-0.090.06-0.150.55-0.030.18-0.80.03-0.24-0.63-0.070.57
0.730.760.040.620.90.380.620.780.210.90.310.26-0.160.640.590.29-0.40.880.590.46-0.71-0.630.670.2-0.31
0.980.650.140.620.8-0.30.980.340.790.830.74-0.27-0.120.760.89-0.16-0.560.770.990.21-0.9-0.80.440.530.39
0.880.87-0.090.90.80.260.830.80.411.00.510.09-0.280.820.720.16-0.60.950.770.44-0.77-0.630.710.38-0.16
-0.170.35-0.550.38-0.30.26-0.210.58-0.710.21-0.560.55-0.440.04-0.090.56-0.20.21-0.350.560.140.30.51-0.3-0.91
0.980.730.030.620.980.83-0.210.40.760.850.72-0.23-0.260.840.89-0.14-0.680.810.980.28-0.88-0.720.510.570.33
0.480.81-0.250.780.340.80.580.40.040.780.290.33-0.370.680.20.31-0.480.80.310.43-0.39-0.230.710.29-0.5
0.740.40.320.210.790.41-0.710.760.040.450.93-0.390.020.640.52-0.43-0.380.490.83-0.16-0.6-0.560.050.620.77
0.90.87-0.080.90.831.00.210.850.780.450.550.04-0.290.820.730.14-0.610.950.80.45-0.82-0.690.720.41-0.12
0.730.520.210.310.740.51-0.560.720.290.930.55-0.41-0.040.710.37-0.4-0.40.580.77-0.07-0.57-0.510.20.690.58
-0.160.170.110.26-0.270.090.55-0.230.33-0.390.04-0.410.010.08-0.080.490.10.18-0.24-0.050.260.27-0.07-0.31-0.38
-0.19-0.60.83-0.16-0.12-0.28-0.44-0.26-0.370.02-0.29-0.040.01-0.46-0.2-0.210.86-0.36-0.14-0.760.3-0.07-0.76-0.330.34
0.840.92-0.090.640.760.820.040.840.680.640.820.710.08-0.460.620.01-0.790.920.790.27-0.69-0.450.580.610.18
0.870.560.060.590.890.72-0.090.890.20.520.730.37-0.08-0.20.620.03-0.560.670.880.31-0.85-0.730.430.290.24
-0.080.16-0.150.29-0.160.160.56-0.140.31-0.430.14-0.40.49-0.210.010.03-0.050.15-0.190.250.040.050.27-0.6-0.51
-0.62-0.80.55-0.4-0.56-0.6-0.2-0.68-0.48-0.38-0.61-0.40.10.86-0.79-0.56-0.05-0.68-0.58-0.630.650.31-0.79-0.580.03
0.870.94-0.030.880.770.950.210.810.80.490.950.580.18-0.360.920.670.15-0.680.780.39-0.77-0.590.680.47-0.04
0.980.660.180.590.990.77-0.350.980.310.830.80.77-0.24-0.140.790.88-0.19-0.580.780.17-0.88-0.770.40.560.46
0.270.57-0.80.460.210.440.560.280.43-0.160.45-0.07-0.05-0.760.270.310.25-0.630.390.17-0.46-0.210.860.12-0.59
-0.9-0.650.03-0.71-0.9-0.770.14-0.88-0.39-0.6-0.82-0.570.260.3-0.69-0.850.040.65-0.77-0.88-0.460.89-0.65-0.5-0.18
-0.78-0.37-0.24-0.63-0.8-0.630.3-0.72-0.23-0.56-0.69-0.510.27-0.07-0.45-0.730.050.31-0.59-0.77-0.210.89-0.41-0.28-0.27
0.530.77-0.630.670.440.710.510.510.710.050.720.2-0.07-0.760.580.430.27-0.790.680.40.86-0.65-0.410.31-0.5
0.540.47-0.070.20.530.38-0.30.570.290.620.410.69-0.31-0.330.610.29-0.6-0.580.470.560.12-0.5-0.280.310.35
0.28-0.170.57-0.310.39-0.16-0.910.33-0.50.77-0.120.58-0.380.340.180.24-0.510.03-0.040.46-0.59-0.18-0.27-0.50.35
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Tandy Leather Account Relationship Matchups

Tandy Leather fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets80.1M75.7M73.1M68.6M72.1M46.4M
Short Long Term Debt Total14.5M13.3M11.7M10.4M9.4M6.4M
Other Current Liab1.9M3.6M4.0M(1.2M)(255K)(242.3K)
Total Current Liabilities12.2M12.9M12.2M8.9M8.9M7.9M
Total Stockholder Equity56.4M52.2M51.5M51.5M56.3M33.7M
Property Plant And Equipment Net26.8M24.2M22.2M20.9M19.6M10.1M
Net Debt(1.4M)2.9M1.5M2.4M(2.7M)(2.6M)
Retained Earnings62.2M57.3M58.7M59.9M63.7M32.5M
Accounts Payable6.2M4.8M3.8M3.1M2.3M2.1M
Cash15.9M10.3M10.2M8.0M12.2M7.5M
Non Current Assets Total27.6M24.7M22.6M21.3M20.9M12.8M
Cash And Short Term Investments25.1M10.3M10.2M8.0M12.2M8.2M
Net Receivables408.7K3.1M1.6M672K512K486.4K
Common Stock Shares Outstanding9.0M9.1M8.7M8.4M8.4M8.0M
Liabilities And Stockholders Equity80.1M75.7M73.1M68.6M72.1M46.4M
Non Current Liabilities Total11.5M10.6M9.4M8.2M6.9M4.7M
Inventory24.0M36.8M38.1M38.2M38.0M22.3M
Other Current Assets297.0K801K624K378K588K456.1K
Other Stockholder Equity(4.7M)(3.8M)(5.8M)(6.6M)(5.8M)(5.5M)
Total Liab23.7M23.5M21.6M17.1M15.8M12.6M
Total Current Assets52.5M51.0M50.4M47.3M51.3M33.6M
Short Term Debt3.8M3.5M3.1M5.8M6.3M6.7M
Intangible Assets16.5K7K6K5K4.5K4.3K
Non Currrent Assets Other386.1K344.8K387K394K438K421.5K
Property Plant And Equipment Gross41.4M27.5M38.2M37.9M37.7M39.6M
Accumulated Other Comprehensive Income(1.1M)(1.3M)(1.4M)(1.9M)(1.5M)(1.5M)
Other Assets634.3K772K469K394K453.1K577.2K
Common Stock25.1K25K24K23K20.7K20.6K
Property Plant Equipment14.4M26.8M12.9M22.2M25.6M26.8M
Current Deferred Revenue319.1K301K351K256K223K211.9K
Net Tangible Assets59.5M56.4M67.4M51.5M59.2M55.9M

Currently Active Assets on Macroaxis

When determining whether Tandy Leather Factory is a strong investment it is important to analyze Tandy Leather's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tandy Leather's future performance. For an informed investment choice regarding Tandy Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Specialty Retail 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 Tandy Leather. If investors know Tandy 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 Tandy Leather 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
0.29
Revenue Per Share
8.938
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0292
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather'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 Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather'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 Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandy Leather'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.