Tompkins Free Cash Flow vs Change To Inventory Analysis

TMP Stock

USD 68.38 1.00 1.44%

Tompkins Financial financial indicator trend analysis is much more than just breaking down Tompkins Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tompkins Financial is a good investment. Please check the relationship between Tompkins Financial Free Cash Flow and its Change To Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tompkins Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Tompkins Stock, please use our How to Invest in Tompkins Financial guide.

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tompkins Financial Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tompkins Financial's Free Cash Flow and Change To Inventory is -0.1. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Tompkins Financial, assuming nothing else is changed. The correlation between historical values of Tompkins Financial's Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Tompkins Financial are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Tompkins Financial's Free Cash Flow and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from Tompkins Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tompkins Financial 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 Tompkins Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Tompkins Stock, please use our How to Invest in Tompkins Financial guide.At this time, Tompkins Financial's Selling General Administrative is relatively stable compared to the past year. As of 12/23/2024, Sales General And Administrative To Revenue is likely to grow to 0.63, while Tax Provision is likely to drop slightly above 3.7 M.

	2021	2022	2023	2024 (projected)
Operating Income	114.4M	130.6M	12M	11.4M
Other Operating Expenses	188.2M	50.5M	285.4M	299.6M

Operating Income Other Operating Expenses

Tompkins Financial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Short Term Debt	Net Receivables	Non Current Liabilities Total	Common Stock Total Equity	Other Current Assets	Common Stock	Other Liab	Accounts Payable
Common Stock Shares Outstanding		0.77	0.8	0.87	0.47	0.44	0.27	0.58	0.27	0.1	0.8	0.96	0.54	0.32	0.27	0.55	0.34	0.37	0.37	0.59	-0.03	0.96	-0.57	0.99	0.7	0.56
Total Assets	0.77		0.99	0.8	0.38	0.88	0.34	0.16	-0.17	0.57	0.85	0.6	0.67	0.8	0.63	0.27	-0.19	-0.14	-0.01	0.36	0.43	0.79	-0.1	0.77	0.71	0.95
Total Stockholder Equity	0.8	0.99		0.84	0.33	0.85	0.4	0.2	-0.17	0.51	0.88	0.64	0.62	0.73	0.65	0.27	-0.16	-0.11	-0.04	0.38	0.36	0.81	-0.1	0.8	0.78	0.91
Property Plant And Equipment Net	0.87	0.8	0.84		0.45	0.61	0.4	0.4	0.05	0.21	0.73	0.79	0.48	0.44	0.51	0.48	0.08	0.14	0.09	0.56	-0.04	0.84	-0.24	0.84	0.75	0.62
Net Debt	0.47	0.38	0.33	0.45		0.17	-0.32	0.62	0.65	-0.13	0.17	0.43	0.62	0.17	-0.3	0.9	0.32	0.43	0.65	-0.02	0.22	0.45	-0.52	0.46	-0.12	0.21
Retained Earnings	0.44	0.88	0.85	0.61	0.17		0.28	-0.19	-0.47	0.72	0.66	0.2	0.58	0.93	0.81	-0.01	-0.59	-0.54	-0.37	0.22	0.53	0.48	0.33	0.42	0.54	0.95
Cash	0.27	0.34	0.4	0.4	-0.32	0.28		-0.07	-0.28	0.2	0.43	0.26	-0.44	-0.01	0.52	-0.12	-0.04	-0.06	-0.33	0.28	-0.1	0.26	0.22	0.29	0.68	0.3
Non Current Assets Total	0.58	0.16	0.2	0.4	0.62	-0.19	-0.07		0.88	-0.69	0.31	0.63	0.17	-0.27	-0.37	0.82	0.72	0.75	0.57	0.22	-0.34	0.45	-0.72	0.54	0.16	-0.09
Non Currrent Assets Other	0.27	-0.17	-0.17	0.05	0.65	-0.47	-0.28	0.88		-0.75	-0.07	0.37	0.04	-0.49	-0.73	0.8	0.79	0.83	0.75	-0.03	-0.27	0.18	-0.75	0.25	-0.27	-0.38
Other Assets	0.1	0.57	0.51	0.21	-0.13	0.72	0.2	-0.69	-0.75		0.31	-0.03	0.41	0.76	0.59	-0.4	-0.6	-0.59	-0.29	0.05	0.63	0.24	0.37	0.15	0.3	0.72
Cash And Short Term Investments	0.8	0.85	0.88	0.73	0.17	0.66	0.43	0.31	-0.07	0.31		0.71	0.48	0.56	0.56	0.21	0.0	0.02	-0.06	0.55	0.13	0.8	-0.27	0.83	0.77	0.77
Other Stockholder Equity	0.96	0.6	0.64	0.79	0.43	0.2	0.26	0.63	0.37	-0.03	0.71		0.42	0.1	0.08	0.56	0.54	0.56	0.5	0.61	-0.19	0.92	-0.72	0.97	0.64	0.35
Total Liab	0.54	0.67	0.62	0.48	0.62	0.58	-0.44	0.17	0.04	0.41	0.48	0.42		0.71	0.17	0.35	-0.13	-0.06	0.27	0.17	0.45	0.58	-0.31	0.55	0.13	0.63
Property Plant And Equipment Gross	0.32	0.8	0.73	0.44	0.17	0.93	-0.01	-0.27	-0.49	0.76	0.56	0.1	0.71		0.69	-0.11	-0.6	-0.56	-0.31	0.13	0.62	0.4	0.28	0.32	0.38	0.91
Total Current Assets	0.27	0.63	0.65	0.51	-0.3	0.81	0.52	-0.37	-0.73	0.59	0.56	0.08	0.17	0.69		-0.36	-0.71	-0.71	-0.72	0.33	0.2	0.29	0.59	0.23	0.67	0.71
Short Long Term Debt Total	0.55	0.27	0.27	0.48	0.9	-0.01	-0.12	0.82	0.8	-0.4	0.21	0.56	0.35	-0.11	-0.36		0.55	0.63	0.69	0.09	-0.07	0.48	-0.63	0.52	0.02	0.04
Other Current Liab	0.34	-0.19	-0.16	0.08	0.32	-0.59	-0.04	0.72	0.79	-0.6	0.0	0.54	-0.13	-0.6	-0.71	0.55		0.99	0.78	0.16	-0.46	0.27	-0.87	0.37	0.01	-0.42
Total Current Liabilities	0.37	-0.14	-0.11	0.14	0.43	-0.54	-0.06	0.75	0.83	-0.59	0.02	0.56	-0.06	-0.56	-0.71	0.63	0.99		0.82	0.16	-0.42	0.31	-0.89	0.4	0.01	-0.38
Short Term Debt	0.37	-0.01	-0.04	0.09	0.65	-0.37	-0.33	0.57	0.75	-0.29	-0.06	0.5	0.27	-0.31	-0.72	0.69	0.78	0.82		-0.07	0.02	0.39	-0.85	0.4	-0.17	-0.19
Net Receivables	0.59	0.36	0.38	0.56	-0.02	0.22	0.28	0.22	-0.03	0.05	0.55	0.61	0.17	0.13	0.33	0.09	0.16	0.16	-0.07		-0.58	0.46	-0.31	0.58	0.5	0.18
Non Current Liabilities Total	-0.03	0.43	0.36	-0.04	0.22	0.53	-0.1	-0.34	-0.27	0.63	0.13	-0.19	0.45	0.62	0.2	-0.07	-0.46	-0.42	0.02	-0.58		0.16	0.25	0.0	-0.06	0.62
Common Stock Total Equity	0.96	0.79	0.81	0.84	0.45	0.48	0.26	0.45	0.18	0.24	0.8	0.92	0.58	0.4	0.29	0.48	0.27	0.31	0.39	0.46	0.16		-0.54	0.97	0.68	0.63
Other Current Assets	-0.57	-0.1	-0.1	-0.24	-0.52	0.33	0.22	-0.72	-0.75	0.37	-0.27	-0.72	-0.31	0.28	0.59	-0.63	-0.87	-0.89	-0.85	-0.31	0.25	-0.54		-0.62	-0.05	0.13
Common Stock	0.99	0.77	0.8	0.84	0.46	0.42	0.29	0.54	0.25	0.15	0.83	0.97	0.55	0.32	0.23	0.52	0.37	0.4	0.4	0.58	0.0	0.97	-0.62		0.7	0.57
Other Liab	0.7	0.71	0.78	0.75	-0.12	0.54	0.68	0.16	-0.27	0.3	0.77	0.64	0.13	0.38	0.67	0.02	0.01	0.01	-0.17	0.5	-0.06	0.68	-0.05	0.7		0.61
Accounts Payable	0.56	0.95	0.91	0.62	0.21	0.95	0.3	-0.09	-0.38	0.72	0.77	0.35	0.63	0.91	0.71	0.04	-0.42	-0.38	-0.19	0.18	0.62	0.63	0.13	0.57	0.61

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Tompkins Financial Account Relationship Matchups

Tompkins Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	15.0M	14.7M	14.6M	14.4M	14.3M	12.0M
Total Assets	6.7B	7.6B	7.8B	7.7B	7.8B	8.2B
Total Stockholder Equity	661.6M	716.3M	727.5M	616.0M	668.5M	701.9M
Property Plant And Equipment Net	94.4M	88.7M	85.4M	82.1M	79.7M	46.6M
Net Debt	537.2M	(110.2M)	60.9M	454.8M	522.6M	548.7M
Retained Earnings	370.5M	418.4M	475.3M	526.7M	501.5M	526.6M
Cash	138.0M	388.5M	63.1M	77.8M	79.5M	70.6M
Non Current Assets Total	1.5B	1.8B	2.5B	177.5M	174.6M	165.9M
Non Currrent Assets Other	(1.5B)	(1.8B)	(2.5B)	(1.9B)	(1.7B)	(1.6B)
Other Assets	3.7B	3.7B	3.1B	5.9B	6.2B	6.5B
Cash And Short Term Investments	1.4B	2.0B	2.1B	1.7B	1.5B	1.6B
Liabilities And Stockholders Equity	6.7B	7.6B	7.8B	7.7B	7.8B	8.2B
Other Stockholder Equity	333.2M	328.4M	306.7M	296.5M	290.6M	184.1M
Total Liab	6.1B	278.2M	7.1B	7.1B	7.1B	7.5B
Property Plant And Equipment Gross	94.4M	88.7M	198.2M	202.0M	202.6M	212.7M
Total Current Assets	1.5B	2.1B	2.2B	1.6B	1.5B	854.5M
Short Long Term Debt Total	914.2M	374.1M	138M	532.6M	602.1M	425.4M
Other Current Liab	(239.1M)	1.9B	(14M)	(241.3M)	(475.6M)	(451.8M)
Total Current Liabilities	239.1M	2.0B	14M	241.3M	1.5M	1.4M
Short Term Debt	239.1M	95.8M	14M	241.3M	477.1M	325.3M
Net Receivables	100.8M	109.8M	115.8M	181.1M	15.3M	14.5M
Non Current Liabilities Total	675.1M	278.2M	124M	241.3M	7.1B	7.5B
Accumulated Other Comprehensive Income	(43.6M)	(32.1M)	(56.0M)	(208.7M)	(125.0M)	(118.8M)
Common Stock Total Equity	1.5M	1.5M	1.5M	1.5M	1.7M	1.3M
Other Current Assets	173.5M	420.5M	85.7M	(240.3M)	79.5M	156.7M
Common Stock	1.5M	1.5M	1.5M	1.5M	1.4M	1.3M
Other Liab	76.6M	122.7M	108.8M	67.4M	77.5M	58.4M
Accounts Payable	5.2B	6.4B	6.8B	6.6B	7.6B	8.0B
Long Term Debt	675.1M	278.2M	124M	291.3M	125M	118.8M
Short Term Investments	1.3B	1.6B	2.0B	1.6B	1.4B	990.0M
Inventory	(173.5M)	(420.5M)	(85.7M)	152K	(94.8M)	(90.1M)
Treasury Stock	(4.9M)	(5.3M)	(5.5M)	(5.8M)	(5.2M)	(5.0M)
Intangible Assets	6.2M	4.9M	3.6M	2.7M	2.3M	2.2M
Property Plant Equipment	94.4M	88.7M	85.4M	82.1M	94.5M	61.3M
Good Will	92.3M	92.3M	92.4M	92.6M	106.5M	68.4M
Net Tangible Assets	563.0M	618.9M	631.4M	520.7M	598.8M	503.2M
Retained Earnings Total Equity	370.5M	418.4M	475.3M	526.7M	605.7M	303.4M
Long Term Debt Total	675.1M	278.2M	124M	291.3M	335.0M	549.0M

Pair Trading with Tompkins Financial

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 Tompkins Financial 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 Tompkins Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tompkins Stock

0.97	AX	Axos Financial	Pair Corr
0.97	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.96	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Tompkins Stock

0.8	CFG-PE	Citizens Financial	Pair Corr
0.72	TFC-PR	Truist Financial	Pair Corr
0.67	TFC-PO	Truist Financial	Pair Corr
0.51	WF	Woori Financial Group	Pair Corr
0.34	KEY-PI	KeyCorp	Pair Corr

The ability to find closely correlated positions to Tompkins Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tompkins Financial 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 Tompkins Financial - 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 Tompkins Financial to buy it.

The correlation of Tompkins Financial 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 Tompkins Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tompkins Financial 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 Tompkins Financial 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 Tompkins Stock Analysis

When running Tompkins Financial's price analysis, check to measure Tompkins Financial'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 Tompkins Financial is operating at the current time. Most of Tompkins Financial's value examination focuses on studying past and present price action to predict the probability of Tompkins Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tompkins Financial's price. Additionally, you may evaluate how the addition of Tompkins Financial to your portfolios can decrease your overall portfolio volatility.

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