Tootsie Historical Balance Sheet

TR Stock

USD 32.94 0.53 1.64%

Trend analysis of Tootsie Roll Industries balance sheet accounts such as Total Stockholder Equity of 535.9 M, Property Plant And Equipment Net of 149.8 M or Retained Earnings of 79.8 M provides information on Tootsie Roll's total assets, liabilities, and equity, which is the actual value of Tootsie Roll Industries to its prevalent stockholders. By breaking down trends over time using Tootsie Roll balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Tootsie Roll Industries 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 Tootsie Roll Industries is a good buy for the upcoming year.

Tootsie Roll Inventory

50.82 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tootsie Roll Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Tootsie Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Tootsie Roll Industries at a specified time, usually calculated after every quarter, six months, or one year. Tootsie Roll Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tootsie Roll and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tootsie currently owns. An asset can also be divided into two categories, current and non-current.

Tootsie Roll Balance Sheet Chart

At this time, Tootsie Roll's Retained Earnings are relatively stable compared to the past year. As of 11/22/2024, Other Current Assets is likely to grow to about 18.2 M, while Short and Long Term Debt Total is likely to drop slightly above 13.1 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Retained Earnings Total Equity

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Total Assets

Total assets refers to the total amount of Tootsie Roll assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tootsie Roll Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Tootsie Roll balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tootsie Roll Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings Total Equity

The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.

Most accounts from Tootsie Roll's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tootsie Roll Industries current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Tootsie Roll Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	15.9M	13.3M	15.9M	13.1M
Total Assets	1.0B	1.0B	1.1B	688.6M

Short Long Term Debt Total Total Assets

Tootsie Roll balance sheet 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	Intangible Assets	Accounts Payable	Common Stock Total Equity	Short Term Investments
Total Assets		0.68	0.93	0.92	1.0	0.96	-0.49	0.02	0.56	0.98	0.15	0.73	0.91	-0.86	0.97	0.83	0.43	0.99	0.99	0.36	0.91	0.04	0.97	0.58	0.77	0.05
Short Long Term Debt Total	0.68		0.75	0.85	0.66	0.66	-0.05	0.01	0.16	0.67	-0.35	0.43	0.68	-0.83	0.64	0.67	0.57	0.66	0.73	0.9	0.63	0.67	0.65	0.73	0.88	0.27
Other Current Liab	0.93	0.75		0.95	0.92	0.91	-0.36	0.09	0.44	0.9	0.13	0.69	0.85	-0.8	0.9	0.85	0.37	0.9	0.94	0.46	0.87	0.18	0.92	0.57	0.8	0.18
Total Current Liabilities	0.92	0.85	0.95		0.91	0.87	-0.31	-0.03	0.4	0.88	-0.1	0.69	0.88	-0.87	0.86	0.87	0.47	0.91	0.94	0.61	0.89	0.32	0.87	0.76	0.89	0.28
Total Stockholder Equity	1.0	0.66	0.92	0.91		0.95	-0.51	0.01	0.58	0.98	0.16	0.74	0.91	-0.86	0.96	0.81	0.44	0.99	0.98	0.34	0.91	0.03	0.97	0.57	0.76	0.05
Property Plant And Equipment Net	0.96	0.66	0.91	0.87	0.95		-0.33	0.27	0.4	0.98	0.33	0.54	0.87	-0.77	0.96	0.88	0.38	0.9	0.96	0.38	0.77	-0.02	0.97	0.53	0.67	-0.12
Net Debt	-0.49	-0.05	-0.36	-0.31	-0.51	-0.33		0.37	-0.99	-0.41	-0.04	-0.8	-0.25	0.4	-0.48	-0.08	-0.06	-0.55	-0.44	0.31	-0.63	0.12	-0.44	0.07	-0.22	0.07
Retained Earnings	0.02	0.01	0.09	-0.03	0.01	0.27	0.37		-0.37	0.13	0.7	-0.48	0.02	0.04	0.07	0.32	0.12	-0.14	0.04	0.11	-0.25	-0.1	0.21	-0.16	-0.17	-0.57
Cash	0.56	0.16	0.44	0.4	0.58	0.4	-0.99	-0.37		0.48	0.0	0.83	0.33	-0.49	0.55	0.15	0.11	0.61	0.51	-0.21	0.69	-0.04	0.51	0.01	0.31	-0.04
Non Current Assets Total	0.98	0.67	0.9	0.88	0.98	0.98	-0.41	0.13	0.48		0.24	0.6	0.91	-0.81	0.98	0.83	0.4	0.95	0.98	0.36	0.82	-0.02	0.97	0.55	0.71	-0.09
Non Currrent Assets Other	0.15	-0.35	0.13	-0.1	0.16	0.33	-0.04	0.7	0.0	0.24		-0.17	0.09	0.11	0.2	0.19	-0.14	0.06	0.11	-0.45	-0.07	-0.62	0.31	-0.42	-0.32	-0.58
Cash And Short Term Investments	0.73	0.43	0.69	0.69	0.74	0.54	-0.8	-0.48	0.83	0.6	-0.17		0.56	-0.69	0.65	0.43	0.28	0.8	0.68	0.09	0.93	0.15	0.64	0.4	0.65	0.44
Net Receivables	0.91	0.68	0.85	0.88	0.91	0.87	-0.25	0.02	0.33	0.91	0.09	0.56		-0.8	0.86	0.79	0.48	0.91	0.89	0.43	0.8	0.03	0.88	0.65	0.77	0.09
Common Stock Shares Outstanding	-0.86	-0.83	-0.8	-0.87	-0.86	-0.77	0.4	0.04	-0.49	-0.81	0.11	-0.69	-0.8		-0.77	-0.67	-0.77	-0.85	-0.83	-0.63	-0.85	-0.45	-0.85	-0.64	-0.83	-0.19
Non Current Liabilities Total	0.97	0.64	0.9	0.86	0.96	0.96	-0.48	0.07	0.55	0.98	0.2	0.65	0.86	-0.77		0.81	0.33	0.94	0.99	0.31	0.83	-0.06	0.95	0.48	0.69	-0.09
Inventory	0.83	0.67	0.85	0.87	0.81	0.88	-0.08	0.32	0.15	0.83	0.19	0.43	0.79	-0.67	0.81		0.36	0.76	0.85	0.5	0.71	0.09	0.85	0.66	0.75	0.11
Other Current Assets	0.43	0.57	0.37	0.47	0.44	0.38	-0.06	0.12	0.11	0.4	-0.14	0.28	0.48	-0.77	0.33	0.36		0.41	0.39	0.6	0.45	0.49	0.48	0.46	0.48	0.12
Other Stockholder Equity	0.99	0.66	0.9	0.91	0.99	0.9	-0.55	-0.14	0.61	0.95	0.06	0.8	0.91	-0.85	0.94	0.76	0.41		0.96	0.33	0.94	0.04	0.92	0.6	0.78	0.15
Total Liab	0.99	0.73	0.94	0.94	0.98	0.96	-0.44	0.04	0.51	0.98	0.11	0.68	0.89	-0.83	0.99	0.85	0.39	0.96		0.42	0.87	0.07	0.96	0.59	0.78	0.03
Property Plant And Equipment Gross	0.36	0.9	0.46	0.61	0.34	0.38	0.31	0.11	-0.21	0.36	-0.45	0.09	0.43	-0.63	0.31	0.5	0.6	0.33	0.42		0.31	0.79	0.35	0.7	0.7	0.3
Total Current Assets	0.91	0.63	0.87	0.89	0.91	0.77	-0.63	-0.25	0.69	0.82	-0.07	0.93	0.8	-0.85	0.83	0.71	0.45	0.94	0.87	0.31		0.18	0.84	0.59	0.81	0.36
Short Term Debt	0.04	0.67	0.18	0.32	0.03	-0.02	0.12	-0.1	-0.04	-0.02	-0.62	0.15	0.03	-0.45	-0.06	0.09	0.49	0.04	0.07	0.79	0.18		0.02	0.44	0.51	0.43
Intangible Assets	0.97	0.65	0.92	0.87	0.97	0.97	-0.44	0.21	0.51	0.97	0.31	0.64	0.88	-0.85	0.95	0.85	0.48	0.92	0.96	0.35	0.84	0.02		0.47	0.72	-0.07
Accounts Payable	0.58	0.73	0.57	0.76	0.57	0.53	0.07	-0.16	0.01	0.55	-0.42	0.4	0.65	-0.64	0.48	0.66	0.46	0.6	0.59	0.7	0.59	0.44	0.47		0.71	0.47
Common Stock Total Equity	0.77	0.88	0.8	0.89	0.76	0.67	-0.22	-0.17	0.31	0.71	-0.32	0.65	0.77	-0.83	0.69	0.75	0.48	0.78	0.78	0.7	0.81	0.51	0.72	0.71		0.47
Short Term Investments	0.05	0.27	0.18	0.28	0.05	-0.12	0.07	-0.57	-0.04	-0.09	-0.58	0.44	0.09	-0.19	-0.09	0.11	0.12	0.15	0.03	0.3	0.36	0.43	-0.07	0.47	0.47

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Tootsie Roll Account Relationship Matchups

Tootsie Roll balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	977.9M	984.6M	1.0B	1.0B	1.1B	688.6M
Short Long Term Debt Total	9.8M	9.2M	15.9M	13.3M	15.9M	13.1M
Other Current Liab	65.0M	48.4M	57.0M	57.2M	68.6M	42.7M
Total Current Liabilities	79.5M	70.0M	80.0M	90.1M	94.9M	60.6M
Total Stockholder Equity	759.9M	763.3M	769.0M	783.2M	823.4M	535.9M
Property Plant And Equipment Net	188.5M	187.3M	208.9M	212.0M	223.0M	149.8M
Net Debt	(129.1M)	(157.7M)	(90.0M)	(40.0M)	(60.0M)	(63.0M)
Retained Earnings	40.8M	32.3M	39.5M	48.3M	62.9M	79.8M
Cash	139.0M	166.8M	105.8M	53.3M	75.9M	75.6M
Non Current Assets Total	624.5M	663.7M	750.3M	709.8M	743.7M	465.7M
Non Currrent Assets Other	34.1M	7.0M	603K	465K	15.2M	14.4M
Cash And Short Term Investments	239.4M	208.9M	145.8M	149.4M	171.4M	110.3M
Net Receivables	48.5M	45.1M	58.8M	62.9M	64.7M	36.7M
Common Stock Shares Outstanding	75.9M	74.9M	73.7M	73.0M	71.9M	71.0M
Liabilities And Stockholders Equity	977.9M	984.6M	1.0B	1.0B	1.1B	688.6M
Non Current Liabilities Total	138.7M	151.4M	169.9M	145.8M	166.4M	92.0M
Inventory	59.1M	59.6M	55.5M	84.3M	94.9M	50.8M
Other Current Assets	6.4M	7.3M	8.1M	12.5M	9.6M	18.2M
Other Stockholder Equity	694.1M	704.9M	707.9M	717.6M	735.5M	427.1M
Total Liab	218.2M	221.5M	249.8M	235.9M	261.3M	152.7M
Property Plant And Equipment Gross	188.5M	187.3M	621.4M	641.2M	670.5M	704.0M
Total Current Assets	353.3M	320.9M	268.3M	309.0M	340.7M	222.9M
Accumulated Other Comprehensive Income	(20.2M)	(19.8M)	(25.0M)	(30.2M)	(23.2M)	(24.4M)
Short Term Debt	1.8M	1.6M	2.0M	1.8M	2.4M	4.1M
Accounts Payable	12.7M	13.0M	15.0M	25.2M	15.8M	12.3M
Common Stock Total Equity	45.2M	45.9M	46.6M	47.5M	54.6M	44.0M
Short Term Investments	100.4M	42.1M	40.0M	96.1M	95.5M	54.1M
Common Stock	45.2M	45.9M	46.6M	47.5M	48.2M	44.4M
Other Liab	130.7M	143.9M	156.0M	134.3M	154.5M	95.2M
Other Assets	34.8M	403.1M	2.0M	1.9M	2.2M	2.1M
Property Plant Equipment	188.5M	187.3M	208.9M	212.0M	243.8M	204.0M
Net Tangible Assets	511.6M	515.1M	520.8M	534.9M	615.1M	516.0M
Noncontrolling Interest In Consolidated Entity	(205K)	(227K)	(245K)	(289K)	(260.1K)	(247.1K)
Retained Earnings Total Equity	40.8M	32.3M	39.5M	48.3M	43.4M	50.3M
Capital Surpluse	696.1M	706.9M	709.9M	719.6M	827.5M	695.0M

Pair Trading with Tootsie Roll

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tootsie Roll position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tootsie Roll will appreciate offsetting losses from the drop in the long position's value.

Moving against Tootsie Stock

0.43	DG	Dollar General	Pair Corr
0.37	JBSS	John B Sanfilippo	Pair Corr
0.35	ABEV	Ambev SA ADR	Pair Corr

The ability to find closely correlated positions to Tootsie Roll could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tootsie Roll when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tootsie Roll - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tootsie Roll Industries to buy it.

The correlation of Tootsie Roll is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tootsie Roll moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tootsie Roll Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Tootsie Roll can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Tootsie Stock Analysis

When running Tootsie Roll's price analysis, check to measure Tootsie Roll's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tootsie Roll is operating at the current time. Most of Tootsie Roll's value examination focuses on studying past and present price action to predict the probability of Tootsie Roll's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tootsie Roll's price. Additionally, you may evaluate how the addition of Tootsie Roll to your portfolios can decrease your overall portfolio volatility.

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Tootsie Historical Balance Sheet

Tootsie Roll Inventory

50.82 Million

About Tootsie Balance Sheet Analysis

Tootsie Roll Balance Sheet Chart

Total Assets

Total Current Liabilities

Retained Earnings Total Equity

Tootsie Roll balance sheet Correlations

Tootsie Roll Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tootsie Roll balance sheet Accounts

Pair Trading with Tootsie Roll

Moving against Tootsie Stock

Additional Tools for Tootsie Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.98	Total Assets

Cash	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.87	Total Current Liabilities
Common Stock Shares Outstanding	- 0.86	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.86	Total Assets
Intangible Assets	- 0.85	Common Stock Shares Outstanding
Total Current Assets	- 0.85	Common Stock Shares Outstanding