Based on the analysis of Tri Continental's profitability, liquidity, and operating efficiency, Tri Continental Closed may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Tri Continental's Net Debt is fairly stable compared to the past year. Retained Earnings is likely to rise to about 283.4 M in 2024, whereas Total Assets are likely to drop slightly above 1.7 B in 2024. Key indicators impacting Tri Continental's financial strength include:
The essential information of the day-to-day investment outlook for Tri Continental includes many different criteria found on its balance sheet. An individual investor should monitor Tri Continental's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tri Continental.
Net Income
217.68 Million
Tri
Select Account or Indicator
Market Cap
Enterprise Value
Price To Sales Ratio
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Average Payables
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Net Income Per Share
Payables Turnover
Sales General And Administrative To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Graham Net Net
Average Receivables
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Sales Outstanding
Price To Book Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Non Cash Items
Dividends Paid
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Other Cashflows From Financing Activities
Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Net Debt
Retained Earnings
Cash
Non Current Assets Total
Non Currrent Assets Other
Other Assets
Cash And Short Term Investments
Net Receivables
Common Stock Total Equity
Common Stock Shares Outstanding
Liabilities And Stockholders Equity
Other Stockholder Equity
Total Liab
Total Current Assets
Accumulated Other Comprehensive Income
Common Stock
Net Tangible Assets
Accounts Payable
Non Current Liabilities Total
Other Current Assets
Long Term Investments
Short Long Term Debt Total
Short Term Debt
Other Liab
Capital Surpluse
Capital Stock
Depreciation And Amortization
Interest Expense
Selling General Administrative
Total Revenue
Gross Profit
Other Operating Expenses
Operating Income
Ebit
Ebitda
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Income Tax Expense
Net Income From Continuing Ops
Net Income Applicable To Common Shares
Research Development
Interest Income
Net Interest Income
Probability Of Bankruptcy
Understanding current and past Tri Continental Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tri Continental's financial statements are interrelated, with each one affecting the others. For example, an increase in Tri Continental's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tri Continental's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tri Continental Closed. Check Tri Continental's Beneish M Score to see the likelihood of Tri Continental's management manipulating its earnings.
Tri Continental Stock Summary
Tri Continental competes with Eaton Vance, Blackrock Muniyield, Eaton Vance, Eaton Vance, and Nuveen California. Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States. Tri Continental is traded on New York Stock Exchange in the United States.
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
Cash flow analysis captures how much money flows into and out of Tri Continental Closed. It measures of how well Tri is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Tri Continental brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Tri had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Tri Continental has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
Comparative valuation techniques use various fundamental indicators to help in determining Tri Continental's current stock value. Our valuation model uses many indicators to compare Tri Continental value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tri Continental competition to find correlations between indicators driving Tri Continental's intrinsic value. More Info.
Tri Continental Closed is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tri Continental Closed is roughly 7.80 . At this time, Tri Continental's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tri Continental's earnings, one of the primary drivers of an investment's value.
Tri Continental Closed Systematic Risk
Tri Continental's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tri Continental volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tri Continental Closed correlated with the market. If Beta is less than 0 Tri Continental generally moves in the opposite direction as compared to the market. If Tri Continental Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tri Continental Closed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tri Continental is generally in the same direction as the market. If Beta > 1 Tri Continental moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Tri Continental Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tri Continental's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tri Continental growth as a starting point in their analysis.
Tri Continental November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tri Continental help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tri Continental Closed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tri Continental Closed based on widely used predictive technical indicators. In general, we focus on analyzing Tri Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tri Continental's daily price indicators and compare them against related drivers.
When running Tri Continental's price analysis, check to measure Tri Continental'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 Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.