Tri Continental Closed Stock Return On Equity

TY Stock

USD 34.48 0.30 0.88%

Tri Continental Closed fundamentals help investors to digest information that contributes to Tri Continental's financial success or failures. It also enables traders to predict the movement of Tri Stock. The fundamental analysis module provides a way to measure Tri Continental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tri Continental stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.14	0.13

Return On Equity is likely to drop to 0.13 in 2024.

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Tri Continental Closed Company Return On Equity Analysis

Tri Continental's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

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Current Tri Continental Return On Equity

0.16

Most of Tri Continental's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tri Continental Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tri Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Tri Continental is extremely important. It helps to project a fair market value of Tri Stock properly, considering its historical fundamentals such as Return On Equity. Since Tri Continental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tri Continental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tri Continental's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Accounts Payable	Long Term Investments	Short Term Debt	Capital Surpluse	Capital Stock	Current Deferred Revenue
Total Assets		1.0	-0.83	0.87	-0.13	-0.36	0.34	0.62	0.9	-0.17	0.9	0.86	-0.08	-0.02	-0.03
Total Stockholder Equity	1.0		-0.82	0.89	-0.11	-0.41	0.35	0.6	0.89	-0.16	0.89	0.85	-0.09	-0.01	-0.03
Net Debt	-0.83	-0.82		-0.49	0.25	0.08	-0.32	-0.93	-0.87	0.08	-0.78	-0.99	-0.26	-0.1	-0.18
Retained Earnings	0.87	0.89	-0.49		0.12	-0.57	0.38	0.18	0.63	-0.11	0.68	0.56	-0.42	-0.19	-0.24
Net Receivables	-0.13	-0.11	0.25	0.12		-0.3	0.83	-0.31	-0.44	0.78	-0.39	-0.22	-0.29	-0.26	-0.27
Total Liab	-0.36	-0.41	0.08	-0.57	-0.3		-0.34	0.12	-0.14	-0.07	-0.17	-0.11	0.26	0.08	0.16
Total Current Assets	0.34	0.35	-0.32	0.38	0.83	-0.34		0.23	0.08	0.73	0.08	0.33	-0.07	-0.1	-0.15
Common Stock	0.62	0.6	-0.93	0.18	-0.31	0.12	0.23		0.78	0.0	0.67	0.89	0.52	0.25	0.31
Net Tangible Assets	0.9	0.89	-0.87	0.63	-0.44	-0.14	0.08	0.78		-0.24	0.96	0.86	0.26	0.23	0.26
Accounts Payable	-0.17	-0.16	0.08	-0.11	0.78	-0.07	0.73	0.0	-0.24		-0.28	-0.11	0.17	0.01	0.15
Long Term Investments	0.9	0.89	-0.78	0.68	-0.39	-0.17	0.08	0.67	0.96	-0.28		0.78	0.18	0.31	0.13
Short Term Debt	0.86	0.85	-0.99	0.56	-0.22	-0.11	0.33	0.89	0.86	-0.11	0.78		0.14	0.0	0.02
Capital Surpluse	-0.08	-0.09	-0.26	-0.42	-0.29	0.26	-0.07	0.52	0.26	0.17	0.18	0.14		0.79	0.64
Capital Stock	-0.02	-0.01	-0.1	-0.19	-0.26	0.08	-0.1	0.25	0.23	0.01	0.31	0.0	0.79		0.43
Current Deferred Revenue	-0.03	-0.03	-0.18	-0.24	-0.27	0.16	-0.15	0.31	0.26	0.15	0.13	0.02	0.64	0.43

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Return On Equity Over Time

Tri Total Stockholder Equity

Total Stockholder Equity

1.67 Billion

At this time, Tri Continental's Total Stockholder Equity is fairly stable compared to the past year.

Based on the latest financial disclosure, Tri Continental Closed has a Return On Equity of 0.1583. This is 89.08% lower than that of the Capital Markets sector and 97.65% lower than that of the Financials industry. The return on equity for all United States stocks is 151.06% lower than that of the firm.

Tri Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tri Continental's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tri Continental could also be used in its relative valuation, which is a method of valuing Tri Continental by comparing valuation metrics of similar companies.

Tri Continental is currently under evaluation in return on equity category among its peers.

Tri Continental Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tri Continental from analyzing Tri Continental's financial statements. These drivers represent accounts that assess Tri Continental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tri Continental's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.5B	1.5B	1.8B	1.4B	1.5B	1.7B
Enterprise Value	1.5B	1.5B	1.8B	1.4B	1.5B	1.7B

Tri Continental ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tri Continental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tri Continental's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Tri Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0203
	Profit Margin	4.27 %
	Operating Margin	0.88 %
	Current Valuation	1.82 B
	Shares Outstanding	51.8 M
	Shares Owned By Insiders	0.03 %
	Shares Owned By Institutions	13.75 %
	Number Of Shares Shorted	800.51 K
	Price To Earning	7.40 X
	Price To Book	0.98 X
	Price To Sales	27.08 X
	Revenue	67.1 M
	Gross Profit	68.21 M
	EBITDA	253.08 M
	Net Income	253.08 M
	Cash And Equivalents	57.25 K
	Total Debt	4.42 M
	Current Ratio	1.46 X
	Book Value Per Share	35.14 X
	Cash Flow From Operations	435.7 M
	Short Ratio	22.85 X
	Earnings Per Share	5.42 X
	Beta	0.96
	Market Capitalization	1.79 B
	Total Asset	1.75 B
	Retained Earnings	269.92 M
	Annual Yield	0.03 %
	Net Asset	1.75 B
	Last Dividend Paid	1.08

About Tri Continental Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tri Continental Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tri Continental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tri Continental Closed based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Tri Stock Analysis

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.

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