Turning Ebit vs Net Income From Continuing Ops Analysis

TPB Stock  USD 62.65  0.81  1.31%   
Turning Point financial indicator trend analysis is much more than just breaking down Turning Point Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Turning Point Brands is a good investment. Please check the relationship between Turning Point Ebit and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Ebit vs Net Income From Continuing Ops

Ebit vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Turning Point Brands Ebit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Turning Point's Ebit and Net Income From Continuing Ops is 0.52. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Turning Point Brands, assuming nothing else is changed. The correlation between historical values of Turning Point's Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Turning Point Brands are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., Turning Point's Ebit and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Ebit

Net Income From Continuing Ops

Most indicators from Turning Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Turning Point Brands 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 Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Turning Point's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Selling General Administrative is forecasted to decline to about 69.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit217.8M205.5M203.2M131.6M
Total Revenue445.5M415.0M405.4M281.3M

Turning Point fundamental ratios Correlations

0.720.030.40.820.970.370.850.150.850.96-0.190.850.460.680.730.670.630.850.920.360.750.710.870.220.88
0.720.20.230.350.680.290.670.10.810.66-0.260.810.470.30.120.260.960.520.69-0.280.990.640.690.050.64
0.030.20.16-0.12-0.06-0.810.020.70.1-0.020.230.1-0.09-0.04-0.30.070.150.170.07-0.60.21-0.09-0.17-0.15-0.07
0.40.230.160.650.43-0.080.730.280.580.38-0.670.580.870.380.370.52-0.010.480.180.10.20.790.610.930.61
0.820.35-0.120.650.830.30.890.080.750.86-0.360.750.60.80.890.80.210.780.750.630.360.780.860.550.91
0.970.68-0.060.430.830.410.840.110.820.96-0.210.820.540.680.720.710.580.770.830.390.710.740.860.270.89
0.370.29-0.81-0.080.30.410.3-0.540.280.4-0.180.280.220.270.350.090.370.170.340.50.320.320.520.080.4
0.850.670.020.730.890.840.30.080.910.84-0.570.910.790.620.650.660.510.80.730.250.650.940.950.60.96
0.150.10.70.280.080.11-0.540.080.240.060.170.240.010.13-0.070.110.050.180.07-0.180.150.040.04-0.02-0.02
0.850.810.10.580.750.820.280.910.240.79-0.461.00.690.60.490.540.70.670.740.150.80.890.930.410.83
0.960.66-0.020.380.860.960.40.840.060.79-0.110.790.440.790.750.790.580.780.930.420.680.670.840.210.93
-0.19-0.260.23-0.67-0.36-0.21-0.18-0.570.17-0.46-0.11-0.46-0.790.06-0.19-0.09-0.08-0.260.030.04-0.19-0.75-0.5-0.78-0.42
0.850.810.10.580.750.820.280.910.241.00.79-0.460.690.60.490.540.70.670.740.150.80.890.930.410.83
0.460.47-0.090.870.60.540.220.790.010.690.44-0.790.690.30.310.440.270.390.210.030.420.920.720.860.7
0.680.3-0.040.380.80.680.270.620.130.60.790.060.60.30.660.890.260.440.750.590.320.490.650.230.71
0.730.12-0.30.370.890.720.350.65-0.070.490.75-0.190.490.310.660.650.010.720.670.810.130.520.660.330.72
0.670.260.070.520.80.710.090.660.110.540.79-0.090.540.440.890.650.150.470.630.460.280.530.580.380.75
0.630.960.15-0.010.210.580.370.510.050.70.58-0.080.70.270.260.010.150.380.65-0.280.960.460.58-0.180.52
0.850.520.170.480.780.770.170.80.180.670.78-0.260.670.390.440.720.470.380.780.290.540.620.740.310.78
0.920.690.070.180.750.830.340.730.070.740.930.030.740.210.750.670.630.650.780.350.710.520.76-0.010.81
0.36-0.28-0.60.10.630.390.50.25-0.180.150.420.040.150.030.590.810.46-0.280.290.35-0.240.180.390.190.36
0.750.990.210.20.360.710.320.650.150.80.68-0.190.80.420.320.130.280.960.540.71-0.240.60.690.010.63
0.710.64-0.090.790.780.740.320.940.040.890.67-0.750.890.920.490.520.530.460.620.520.180.60.910.730.85
0.870.69-0.170.610.860.860.520.950.040.930.84-0.50.930.720.650.660.580.580.740.760.390.690.910.510.92
0.220.05-0.150.930.550.270.080.6-0.020.410.21-0.780.410.860.230.330.38-0.180.31-0.010.190.010.730.510.49
0.880.64-0.070.610.910.890.40.96-0.020.830.93-0.420.830.70.710.720.750.520.780.810.360.630.850.920.49
Click cells to compare fundamentals

Turning Point Account Relationship Matchups

Turning Point fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets446.6M489.3M601.6M572.1M569.4M376.4M
Short Long Term Debt Total295.3M306.1M427.5M417.4M378.0M350.1M
Other Current Liab26.5M27.9M27.9M28.1M23.3M24.5M
Total Current Liabilities55.9M56.6M40.3M41.4M100.3M105.4M
Total Stockholder Equity106.6M126.8M131.4M111.6M151.0M158.5M
Property Plant And Equipment Net25.9M33.4M33.7M35.3M36.8M19.4M
Net Debt200.0M264.3M299.2M310.9M260.1M250.0M
Retained Earnings(15.3M)12.1M71.5M78.7M112.4M118.1M
Accounts Payable14.1M9.2M7.4M8.4M8.4M7.9M
Cash95.3M41.8M128.3M106.4M117.9M123.8M
Non Current Assets Total257.3M332.0M352.4M315.6M301.7M258.2M
Non Currrent Assets Other43.6M58.9M33.9M29.7M2.5M2.4M
Cash And Short Term Investments95.3M41.8M128.3M106.4M117.9M123.8M
Net Receivables6.9M9.3M6.5M8.4M29.2M30.6M
Good Will154.3M159.6M162.3M136.3M136.3M152.1M
Common Stock Total Equity196K197K195K198K227.7K123.9K
Common Stock Shares Outstanding20.0M22.9M22.4M18.1M20.5M20.8M
Liabilities And Stockholders Equity446.6M489.3M601.6M572.1M569.4M376.4M
Non Current Liabilities Total284.1M301.9M427.5M417.4M317.0M321.0M
Inventory71.0M79.8M87.6M119.9M104.7M73.1M
Other Current Assets16.1M19.3M26.7M23.0M15.9M14.5M
Other Stockholder Equity125.5M92.2M59.9M35.1M41.0M33.2M
Total Liab340.0M358.5M467.8M458.7M417.4M369.6M
Property Plant And Equipment Gross25.9M15.5M33.7M35.3M59.0M62.0M
Total Current Assets189.3M157.3M249.2M256.5M267.6M281.0M
Accumulated Other Comprehensive Income(3.8M)(2.6M)(195K)(2.4M)(2.6M)(2.8M)
Short Term Debt15.2M15.2M3.0M3.1M61.0M64.0M
Intangible Assets33.5M79.4M87.5M83.6M86.9M91.2M
Common Stock196K197K195K198K199K130.7K
Other Assets38.2M77.5M68.9M60.5M54.5M76.6M
Other Liab4.5M5.4M1.6M4.1M3.7M4.7M
Net Tangible Assets(81.2M)(112.3M)(118.4M)(108.2M)(124.4M)(130.7M)
Long Term Debt269.0M278.0M414.2M406.8M307.1M312.8M
Deferred Long Term Liab890K4.1M388K282K253.8K241.1K
Short Long Term Debt34M15.2M12M58.3M67.0M70.4M
Property Plant Equipment25.9M15.5M33.7M35.3M40.5M42.6M
Long Term Debt Total269.0M278.0M414.2M406.8M467.8M307.0M
Capital Surpluse125.5M127.4M108.8M113.2M130.2M110.9M

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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 Turning Point Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turning Point'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 Turning Point Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turning Point Brands Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Tobacco 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 Turning Point. If investors know Turning 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 Turning Point 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
0.178
Dividend Share
0.275
Earnings Share
2.49
Revenue Per Share
23.183
Quarterly Revenue Growth
0.041
The market value of Turning Point Brands is measured differently than its book value, which is the value of Turning that is recorded on the company's balance sheet. Investors also form their own opinion of Turning Point's value that differs from its market value or its book value, called intrinsic value, which is Turning Point'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 Turning Point's market value can be influenced by many factors that don't directly affect Turning Point'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 Turning Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turning Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turning Point'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.