Turning Total Liab vs Property Plant Equipment Analysis
TPB Stock | USD 62.14 0.30 0.49% |
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 Total Liab and its Property Plant Equipment 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.
Total Liab vs Property Plant Equipment
Total Liab vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Turning Point Brands Total Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Turning Point's Total Liab and Property Plant Equipment is 0.68. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant Equipment 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 Total Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Turning Point Brands are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Liab i.e., Turning Point's Total Liab and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Property Plant Equipment
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 Profit | 217.8M | 205.5M | 203.2M | 131.6M | Total Revenue | 445.5M | 415.0M | 405.4M | 281.3M |
Turning Point fundamental ratios Correlations
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Turning Point Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Turning Point fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 446.6M | 489.3M | 601.6M | 572.1M | 569.4M | 376.4M | |
Short Long Term Debt Total | 295.3M | 306.1M | 427.5M | 417.4M | 378.0M | 350.1M | |
Other Current Liab | 26.5M | 27.9M | 27.9M | 28.1M | 23.3M | 24.5M | |
Total Current Liabilities | 55.9M | 56.6M | 40.3M | 41.4M | 100.3M | 105.4M | |
Total Stockholder Equity | 106.6M | 126.8M | 131.4M | 111.6M | 151.0M | 158.5M | |
Property Plant And Equipment Net | 25.9M | 33.4M | 33.7M | 35.3M | 36.8M | 19.4M | |
Net Debt | 200.0M | 264.3M | 299.2M | 310.9M | 260.1M | 250.0M | |
Retained Earnings | (15.3M) | 12.1M | 71.5M | 78.7M | 112.4M | 118.1M | |
Accounts Payable | 14.1M | 9.2M | 7.4M | 8.4M | 8.4M | 7.9M | |
Cash | 95.3M | 41.8M | 128.3M | 106.4M | 117.9M | 123.8M | |
Non Current Assets Total | 257.3M | 332.0M | 352.4M | 315.6M | 301.7M | 258.2M | |
Non Currrent Assets Other | 43.6M | 58.9M | 33.9M | 29.7M | 2.5M | 2.4M | |
Cash And Short Term Investments | 95.3M | 41.8M | 128.3M | 106.4M | 117.9M | 123.8M | |
Net Receivables | 6.9M | 9.3M | 6.5M | 8.4M | 29.2M | 30.6M | |
Good Will | 154.3M | 159.6M | 162.3M | 136.3M | 136.3M | 152.1M | |
Common Stock Total Equity | 196K | 197K | 195K | 198K | 227.7K | 123.9K | |
Common Stock Shares Outstanding | 20.0M | 22.9M | 22.4M | 18.1M | 20.5M | 20.8M | |
Liabilities And Stockholders Equity | 446.6M | 489.3M | 601.6M | 572.1M | 569.4M | 376.4M | |
Non Current Liabilities Total | 284.1M | 301.9M | 427.5M | 417.4M | 317.0M | 321.0M | |
Inventory | 71.0M | 79.8M | 87.6M | 119.9M | 104.7M | 73.1M | |
Other Current Assets | 16.1M | 19.3M | 26.7M | 23.0M | 15.9M | 14.5M | |
Other Stockholder Equity | 125.5M | 92.2M | 59.9M | 35.1M | 41.0M | 33.2M | |
Total Liab | 340.0M | 358.5M | 467.8M | 458.7M | 417.4M | 369.6M | |
Property Plant And Equipment Gross | 25.9M | 15.5M | 33.7M | 35.3M | 59.0M | 62.0M | |
Total Current Assets | 189.3M | 157.3M | 249.2M | 256.5M | 267.6M | 281.0M | |
Accumulated Other Comprehensive Income | (3.8M) | (2.6M) | (195K) | (2.4M) | (2.6M) | (2.8M) | |
Short Term Debt | 15.2M | 15.2M | 3.0M | 3.1M | 61.0M | 64.0M | |
Intangible Assets | 33.5M | 79.4M | 87.5M | 83.6M | 86.9M | 91.2M | |
Common Stock | 196K | 197K | 195K | 198K | 199K | 130.7K | |
Other Assets | 38.2M | 77.5M | 68.9M | 60.5M | 54.5M | 76.6M | |
Other Liab | 4.5M | 5.4M | 1.6M | 4.1M | 3.7M | 4.7M | |
Net Tangible Assets | (81.2M) | (112.3M) | (118.4M) | (108.2M) | (124.4M) | (130.7M) | |
Long Term Debt | 269.0M | 278.0M | 414.2M | 406.8M | 307.1M | 312.8M | |
Deferred Long Term Liab | 890K | 4.1M | 388K | 282K | 253.8K | 241.1K | |
Short Long Term Debt | 34M | 15.2M | 12M | 58.3M | 67.0M | 70.4M | |
Property Plant Equipment | 25.9M | 15.5M | 33.7M | 35.3M | 40.5M | 42.6M | |
Long Term Debt Total | 269.0M | 278.0M | 414.2M | 406.8M | 467.8M | 307.0M | |
Capital Surpluse | 125.5M | 127.4M | 108.8M | 113.2M | 130.2M | 110.9M |
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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.