Tennant Inventory Turnover vs Payout Ratio Analysis

TNC Stock

USD 86.66 0.27 0.31%

Tennant financial indicator trend analysis is much more than just breaking down Tennant Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tennant Company is a good investment. Please check the relationship between Tennant Inventory Turnover and its Payout Ratio accounts. 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.

Inventory Turnover vs Payout Ratio

Inventory Turnover vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tennant Company Inventory Turnover account and Payout Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Tennant's Inventory Turnover and Payout Ratio is 0.1. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Tennant Company, assuming nothing else is changed. The correlation between historical values of Tennant's Inventory Turnover and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Tennant Company are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Inventory Turnover i.e., Tennant's Inventory Turnover and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Payout Ratio

Payout Ratio is the proportion of Tennant Company earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Tennant Company dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Tennant Company is paying out more in dividends than it makes in net income.

Most indicators from Tennant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.27, whereas Selling General Administrative is forecasted to decline to about 241.7 M.

	2022	2023	2024	2025 (projected)
Gross Profit	420.9M	527.8M	607.0M	637.3M
Total Revenue	1.1B	1.2B	1.4B	1.5B

Gross Profit Total Revenue

Tennant fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Good Will	Current Deferred Revenue
Total Assets		0.9	0.93	0.99	0.88	0.98	0.79	0.86	0.81	0.98	0.77	0.81	0.96	-0.7	0.87	0.96	0.84	0.66	0.95	0.83	0.97	0.9	0.97	0.67	0.96	-0.14
Short Long Term Debt Total	0.9		0.82	0.88	0.61	0.86	0.97	0.57	0.57	0.96	0.49	0.57	0.79	-0.48	0.99	0.81	0.76	0.57	0.99	0.61	0.78	0.99	0.87	0.91	0.96	-0.21
Other Current Liab	0.93	0.82		0.95	0.83	0.91	0.71	0.81	0.79	0.91	0.76	0.79	0.91	-0.71	0.79	0.87	0.73	0.66	0.88	0.69	0.91	0.83	0.88	0.61	0.88	-0.32
Total Current Liabilities	0.99	0.88	0.95		0.89	0.98	0.75	0.87	0.83	0.96	0.77	0.83	0.97	-0.72	0.85	0.96	0.82	0.63	0.93	0.8	0.98	0.87	0.97	0.63	0.94	-0.1
Total Stockholder Equity	0.88	0.61	0.83	0.89		0.91	0.44	0.99	0.86	0.8	0.94	0.86	0.93	-0.76	0.55	0.93	0.76	0.64	0.69	0.93	0.95	0.61	0.88	0.25	0.77	-0.05
Property Plant And Equipment Net	0.98	0.86	0.91	0.98	0.91		0.74	0.89	0.82	0.96	0.82	0.82	0.94	-0.69	0.82	0.95	0.89	0.67	0.91	0.88	0.96	0.86	0.96	0.59	0.95	-0.11
Net Debt	0.79	0.97	0.71	0.75	0.44	0.74		0.41	0.35	0.87	0.33	0.35	0.66	-0.36	0.97	0.7	0.65	0.46	0.93	0.47	0.63	0.96	0.75	0.94	0.88	-0.21
Retained Earnings	0.86	0.57	0.81	0.87	0.99	0.89	0.41		0.83	0.77	0.93	0.83	0.93	-0.79	0.51	0.92	0.72	0.56	0.66	0.91	0.94	0.57	0.86	0.21	0.74	-0.01
Cash	0.81	0.57	0.79	0.83	0.86	0.82	0.35	0.83		0.73	0.76	1.0	0.8	-0.65	0.55	0.75	0.74	0.64	0.67	0.75	0.86	0.57	0.8	0.31	0.71	-0.13
Non Current Assets Total	0.98	0.96	0.91	0.96	0.8	0.96	0.87	0.77	0.73		0.71	0.73	0.91	-0.63	0.93	0.91	0.84	0.65	0.98	0.78	0.91	0.96	0.95	0.77	0.99	-0.17
Non Currrent Assets Other	0.77	0.49	0.76	0.77	0.94	0.82	0.33	0.93	0.76	0.71		0.76	0.81	-0.71	0.42	0.79	0.62	0.59	0.56	0.87	0.82	0.54	0.75	0.16	0.68	-0.08
Cash And Short Term Investments	0.81	0.57	0.79	0.83	0.86	0.82	0.35	0.83	1.0	0.73	0.76		0.8	-0.65	0.55	0.75	0.74	0.64	0.67	0.75	0.86	0.57	0.8	0.31	0.71	-0.13
Net Receivables	0.96	0.79	0.91	0.97	0.93	0.94	0.66	0.93	0.8	0.91	0.81	0.8		-0.81	0.75	0.97	0.75	0.58	0.86	0.85	0.99	0.78	0.93	0.5	0.87	-0.08
Common Stock Shares Outstanding	-0.7	-0.48	-0.71	-0.72	-0.76	-0.69	-0.36	-0.79	-0.65	-0.63	-0.71	-0.65	-0.81		-0.47	-0.69	-0.39	-0.18	-0.58	-0.62	-0.76	-0.51	-0.62	-0.25	-0.55	-0.04
Non Current Liabilities Total	0.87	0.99	0.79	0.85	0.55	0.82	0.97	0.51	0.55	0.93	0.42	0.55	0.75	-0.47		0.75	0.73	0.53	0.98	0.55	0.74	0.98	0.83	0.94	0.93	-0.2
Inventory	0.96	0.81	0.87	0.96	0.93	0.95	0.7	0.92	0.75	0.91	0.79	0.75	0.97	-0.69	0.75		0.83	0.65	0.85	0.88	0.97	0.78	0.97	0.5	0.89	-0.08
Other Current Assets	0.84	0.76	0.73	0.82	0.76	0.89	0.65	0.72	0.74	0.84	0.62	0.74	0.75	-0.39	0.73	0.83		0.73	0.79	0.82	0.81	0.74	0.86	0.5	0.85	-0.14
Other Stockholder Equity	0.66	0.57	0.66	0.63	0.64	0.67	0.46	0.56	0.64	0.65	0.59	0.64	0.58	-0.18	0.53	0.65	0.73		0.58	0.68	0.64	0.56	0.71	0.37	0.69	-0.53
Total Liab	0.95	0.99	0.88	0.93	0.69	0.91	0.93	0.66	0.67	0.98	0.56	0.67	0.86	-0.58	0.98	0.85	0.79	0.58		0.66	0.85	0.98	0.91	0.86	0.97	-0.17
Property Plant And Equipment Gross	0.83	0.61	0.69	0.8	0.93	0.88	0.47	0.91	0.75	0.78	0.87	0.75	0.85	-0.62	0.55	0.88	0.82	0.68	0.66		0.87	0.62	0.84	0.26	0.77	-0.08
Total Current Assets	0.97	0.78	0.91	0.98	0.95	0.96	0.63	0.94	0.86	0.91	0.82	0.86	0.99	-0.76	0.74	0.97	0.81	0.64	0.85	0.87		0.76	0.96	0.48	0.88	-0.09
Short Term Debt	0.9	0.99	0.83	0.87	0.61	0.86	0.96	0.57	0.57	0.96	0.54	0.57	0.78	-0.51	0.98	0.78	0.74	0.56	0.98	0.62	0.76		0.84	0.9	0.96	-0.2
Accounts Payable	0.97	0.87	0.88	0.97	0.88	0.96	0.75	0.86	0.8	0.95	0.75	0.8	0.93	-0.62	0.83	0.97	0.86	0.71	0.91	0.84	0.96	0.84		0.6	0.95	-0.16
Intangible Assets	0.67	0.91	0.61	0.63	0.25	0.59	0.94	0.21	0.31	0.77	0.16	0.31	0.5	-0.25	0.94	0.5	0.5	0.37	0.86	0.26	0.48	0.9	0.6		0.78	-0.25
Good Will	0.96	0.96	0.88	0.94	0.77	0.95	0.88	0.74	0.71	0.99	0.68	0.71	0.87	-0.55	0.93	0.89	0.85	0.69	0.97	0.77	0.88	0.96	0.95	0.78		-0.2
Current Deferred Revenue	-0.14	-0.21	-0.32	-0.1	-0.05	-0.11	-0.21	-0.01	-0.13	-0.17	-0.08	-0.13	-0.08	-0.04	-0.2	-0.08	-0.14	-0.53	-0.17	-0.08	-0.09	-0.2	-0.16	-0.25	-0.2

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Tennant Account Relationship Matchups

Tennant fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.1B	1.1B	1.1B	1.3B	1.3B
Short Long Term Debt Total	337.2M	293M	317.4M	242.4M	278.8M	292.7M
Other Current Liab	102.4M	130.9M	97.6M	122.3M	140.6M	147.7M
Total Current Liabilities	254.3M	290.3M	261.6M	273.7M	314.8M	330.5M
Total Stockholder Equity	404.8M	433.8M	470.8M	577M	663.6M	696.7M
Property Plant And Equipment Net	230M	214.1M	211.7M	229.4M	263.8M	277.0M
Net Debt	196.2M	169.4M	240M	125.3M	144.1M	151.3M
Retained Earnings	363.3M	410.6M	458M	547.4M	629.5M	661.0M
Cash	141M	123.6M	77.4M	117.1M	134.7M	141.4M
Non Current Assets Total	589M	534.9M	509.8M	544.3M	625.9M	657.2M
Non Currrent Assets Other	25M	29.7M	19.1M	64.4M	74.1M	77.8M
Cash And Short Term Investments	141M	123.6M	77.4M	117.1M	134.7M	141.4M
Net Receivables	199.9M	211.4M	251.5M	247.6M	284.7M	299.0M
Common Stock Shares Outstanding	18.6M	18.8M	18.7M	18.8M	16.9M	16.2M
Liabilities And Stockholders Equity	1.1B	1.1B	1.1B	1.1B	1.3B	1.3B
Non Current Liabilities Total	422.2M	336.3M	351.4M	261.4M	300.6M	315.6M
Inventory	127.7M	160.6M	206.6M	175.9M	202.3M	212.4M
Other Current Assets	47.7M	31.2M	39.8M	28.5M	32.8M	34.4M
Other Stockholder Equity	54.7M	54.1M	56M	64.9M	58.4M	61.3M
Total Liab	676.5M	626.6M	613M	535.1M	615.4M	646.1M
Property Plant And Equipment Gross	437M	172.8M	491M	533.4M	613.4M	644.1M
Total Current Assets	493.6M	526.8M	575.3M	569.1M	654.5M	687.2M
Accumulated Other Comprehensive Income	(20.1M)	(37.9M)	(50.2M)	(42.3M)	(48.6M)	(51.1M)
Short Term Debt	27.2M	20.6M	20.2M	20.8M	23.9M	25.1M
Accounts Payable	106.3M	121.5M	126.1M	111.4M	128.1M	134.5M
Intangible Assets	126.2M	98M	76.4M	63.1M	72.6M	45.1M
Good Will	207.8M	193.1M	182M	187.4M	215.5M	226.3M
Current Deferred Revenue	5.9M	7.7M	6.6M	7.9M	7.1M	12.3M
Common Stock Total Equity	6.8M	6.9M	6M	7M	8.1M	6.4M
Other Liab	88.9M	95.9M	47.5M	39.2M	45.1M	48.3M
Other Assets	29.2M	25M	29.7M	39.7M	45.7M	47.9M
Long Term Debt	297.6M	263.4M	295M	193.7M	222.8M	233.9M
Property Plant Equipment	173.3M	185.5M	214.1M	211.7M	243.5M	122.5M
Net Tangible Assets	27.1M	404.8M	142.7M	212.4M	191.2M	137.2M
Retained Earnings Total Equity	346M	363.3M	410.6M	458M	526.7M	327.0M
Long Term Debt Total	307.5M	297.6M	263.4M	295.1M	339.4M	197.6M
Capital Surpluse	45.5M	54.7M	54.1M	56M	64.4M	36.4M
Non Current Liabilities Other	85.5M	72.9M	14.5M	21.5M	24.7M	23.5M

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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:

How To Invest In Tennant

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Is Tennant Stock a good investment?

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What is Tennant's Net Worth?

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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.

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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.

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Tennant Inventory Turnover vs Payout Ratio Analysis

Inventory Turnover vs Payout Ratio

Inventory Turnover vs Payout Ratio Correlation Analysis

Correlation Coefficient

Inventory Turnover

Payout Ratio

Tennant fundamental ratios Correlations

Tennant Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tennant fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.81	Net Receivables
Common Stock Shares Outstanding	- 0.79	Retained Earnings
Total Current Assets	- 0.76	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.76	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.72	Total Current Liabilities
Common Stock Shares Outstanding	- 0.71	Non Currrent Assets Other