Tennant Historical Income Statement

TNC Stock  USD 88.66  0.37  0.42%   
Historical analysis of Tennant income statement accounts such as Other Operating Expenses of 582.8 M, Operating Income of 145.5 M, EBIT of 148.5 M or Ebitda of 202.1 M can show how well Tennant Company performed in making a profits. Evaluating Tennant income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tennant's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tennant Company latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tennant Company is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Tennant Income Statement Analysis

Tennant Company Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tennant shareholders. The income statement also shows Tennant investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tennant Income Statement Chart

At present, Tennant's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 145.5 M, whereas Total Revenue is forecasted to decline to about 627.5 M.

Total Revenue

Total revenue comprises all receipts Tennant Company generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tennant Company minus its cost of goods sold. It is profit before Tennant operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tennant Company. It is also known as Tennant overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Tennant Company operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Tennant Company is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Tennant income statement and is an important metric when analyzing Tennant Company profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Tennant's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tennant Company current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Tennant's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 145.5 M, whereas Total Revenue is forecasted to decline to about 627.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit438M420.9M527.8M265.5M
Total Revenue1.1B1.1B1.2B627.5M

Tennant income statement Correlations

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0.820.580.530.620.120.130.410.60.64-0.14-0.48-0.01-0.770.760.31-0.070.050.62-0.18-0.74-0.930.24-0.990.65
0.740.580.991.00.40.390.581.00.980.23-0.530.28-0.160.960.840.14-0.230.60.06-0.63-0.530.35-0.560.48
0.690.530.990.980.430.420.580.980.980.27-0.520.31-0.070.940.880.17-0.220.570.04-0.57-0.460.32-0.510.44
0.760.621.00.980.350.350.551.00.990.17-0.520.23-0.210.980.820.09-0.230.610.08-0.64-0.570.32-0.60.48
0.550.120.40.430.350.990.950.380.30.96-0.510.980.180.340.50.94-0.180.49-0.78-0.5-0.140.83-0.180.61
0.520.130.390.420.350.990.950.370.30.96-0.50.980.20.340.520.93-0.110.5-0.8-0.48-0.120.8-0.180.59
0.770.410.580.580.550.950.950.570.50.83-0.650.89-0.070.570.570.83-0.160.66-0.73-0.7-0.420.85-0.450.78
0.770.61.00.981.00.380.370.570.980.2-0.530.26-0.220.970.810.13-0.240.620.07-0.66-0.570.36-0.590.51
0.720.640.980.980.990.30.30.50.980.11-0.490.16-0.190.980.850.01-0.210.580.1-0.6-0.570.23-0.610.43
0.31-0.140.230.270.170.960.960.830.20.11-0.350.990.390.120.40.96-0.090.3-0.75-0.280.130.740.090.43
-0.72-0.48-0.53-0.52-0.52-0.51-0.5-0.65-0.53-0.49-0.35-0.420.28-0.56-0.43-0.370.4-0.70.30.540.49-0.550.5-0.72
0.43-0.010.280.310.230.980.980.890.260.160.99-0.420.240.20.390.98-0.110.39-0.78-0.41-0.010.82-0.040.55
-0.58-0.77-0.16-0.07-0.210.180.2-0.07-0.22-0.190.390.280.24-0.370.250.190.06-0.390.020.620.85-0.190.78-0.57
0.830.760.960.940.980.340.340.570.970.980.12-0.560.2-0.370.770.07-0.190.68-0.01-0.74-0.710.34-0.750.57
0.480.310.840.880.820.50.520.570.810.850.4-0.430.390.250.770.23-0.230.59-0.1-0.38-0.210.23-0.30.25
0.36-0.070.140.170.090.940.930.830.130.010.96-0.370.980.190.070.23-0.080.33-0.8-0.380.040.820.00.53
-0.210.05-0.23-0.22-0.23-0.18-0.11-0.16-0.24-0.21-0.090.4-0.110.06-0.19-0.23-0.08-0.24-0.050.240.17-0.33-0.01-0.13
0.750.620.60.570.610.490.50.660.620.580.3-0.70.39-0.390.680.590.33-0.24-0.38-0.74-0.630.53-0.670.66
-0.35-0.180.060.040.08-0.78-0.8-0.730.070.1-0.750.3-0.780.02-0.01-0.1-0.8-0.05-0.380.40.17-0.70.25-0.48
-0.9-0.74-0.63-0.57-0.64-0.5-0.48-0.7-0.66-0.6-0.280.54-0.410.62-0.74-0.38-0.380.24-0.740.40.8-0.730.79-0.75
-0.85-0.93-0.53-0.46-0.57-0.14-0.12-0.42-0.57-0.570.130.49-0.010.85-0.71-0.210.040.17-0.630.170.8-0.340.94-0.74
0.650.240.350.320.320.830.80.850.360.230.74-0.550.82-0.190.340.230.82-0.330.53-0.7-0.73-0.34-0.320.66
-0.84-0.99-0.56-0.51-0.6-0.18-0.18-0.45-0.59-0.610.090.5-0.040.78-0.75-0.30.0-0.01-0.670.250.790.94-0.32-0.68
0.890.650.480.440.480.610.590.780.510.430.43-0.720.55-0.570.570.250.53-0.130.66-0.48-0.75-0.740.66-0.68
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Tennant Account Relationship Matchups

Tennant income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization58.4M53.4M53.1M48.7M51.1M53.7M
Interest Expense21.1M20.7M7.3M7.1M13.5M14.2M
Total Revenue1.1B1.0B1.1B1.1B1.2B627.5M
Gross Profit461.7M407.8M438M420.9M527.8M265.5M
Other Operating Expenses1.1B937.3M1.0B1.0B1.1B582.8M
Operating Income71.8M63.7M93.7M87.2M138.6M145.5M
Ebit71.8M63.7M83.9M87.6M141.4M148.5M
Ebitda130.2M117.1M137M136.3M192.5M202.1M
Cost Of Revenue675.9M593.2M652.8M671.3M715.8M362.0M
Total Operating Expenses389.9M344.1M354.1M337.4M389.2M220.8M
Income Before Tax54M41.1M74.1M79.5M123.8M130.0M
Total Other Income Expense Net(17.8M)(22.6M)(19.6M)(7.7M)(14.8M)(14.1M)
Net Income45.8M33.7M64.9M66.3M109.5M115.0M
Income Tax Expense8.1M7.4M9.2M13.2M14.3M11.2M
Selling General Administrative357.2M314M321.9M306.3M352.6M241.7M
Research Development32.7M30.1M32.2M31.1M36.6M28.9M
Net Income Applicable To Common Shares45.8M33.7M64.9M66.3M76.2M80.1M
Net Income From Continuing Ops45.9M33.7M64.9M66.3M109.5M115.0M
Non Operating Income Net Other3.3M(1.9M)(12.3M)(600K)(540K)(567K)
Tax Provision8.1M7.4M9.2M13.2M14.3M8.7M
Net Interest Income(17.8M)(17.4M)(7.3M)(7.1M)(13.5M)(14.2M)
Reconciled Depreciation54.4M53.4M53.1M48.7M51.1M56.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Industrial Machinery & Supplies & 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 Tennant. If investors know Tennant 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 Tennant 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
(0.1)
Dividend Share
1.12
Earnings Share
5.67
Revenue Per Share
67.733
Quarterly Revenue Growth
0.036
The market value of Tennant Company is measured differently than its book value, which is the value of Tennant that is recorded on the company's balance sheet. Investors also form their own opinion of Tennant's value that differs from its market value or its book value, called intrinsic value, which is Tennant'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 Tennant's market value can be influenced by many factors that don't directly affect Tennant'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 Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tennant'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.