Tennant Stock Based Compensation vs Other Non Cash Items Analysis

TNC Stock  USD 80.29  1.42  1.74%   
Tennant financial indicator trend analysis is much more than just breaking down Tennant Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tennant Company is a good investment. Please check the relationship between Tennant Stock Based Compensation and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tennant Company Stock Based Compensation account and Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tennant's Stock Based Compensation and Other Non Cash Items is 0.24. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Tennant Company, assuming nothing else is changed. The correlation between historical values of Tennant's Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Tennant Company are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., Tennant's Stock Based Compensation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Other Non Cash Items

Most indicators from Tennant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tennant Company 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 Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Tennant's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.26, whereas Selling General Administrative is forecasted to decline to about 241.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit438M420.9M527.8M265.5M
Total Revenue1.1B1.1B1.2B627.5M

Tennant fundamental ratios Correlations

0.920.910.990.860.980.830.830.760.980.710.760.96-0.610.90.950.830.630.960.790.960.90.860.740.96-0.14
0.920.830.890.610.880.980.570.540.970.470.540.81-0.430.990.820.750.540.990.60.80.990.860.930.97-0.22
0.910.830.930.790.890.730.760.740.890.70.740.89-0.620.810.840.70.630.870.610.890.820.750.680.86-0.35
0.990.890.930.870.970.790.850.790.960.710.790.96-0.630.870.950.810.60.940.740.970.870.860.70.93-0.11
0.860.610.790.870.890.470.990.820.780.90.820.91-0.670.560.910.760.650.680.90.940.590.660.310.75-0.05
0.980.880.890.970.890.780.860.770.960.760.770.93-0.590.850.940.890.650.920.840.940.870.830.660.95-0.11
0.830.980.730.790.470.780.430.340.90.340.340.71-0.340.970.730.650.450.940.50.670.960.80.940.91-0.21
0.830.570.760.850.990.860.430.780.740.880.780.91-0.710.520.90.70.550.650.870.930.540.620.260.70.01
0.760.540.740.790.820.770.340.780.680.681.00.74-0.550.540.690.710.610.630.680.830.530.630.350.66-0.14
0.980.970.890.960.780.960.90.740.680.650.680.9-0.540.950.890.820.620.980.740.890.960.860.830.99-0.17
0.710.470.70.710.90.760.340.880.680.650.680.74-0.620.410.720.580.610.520.810.750.50.410.20.64-0.07
0.760.540.740.790.820.770.340.781.00.680.680.74-0.550.540.690.710.610.630.680.830.530.630.350.66-0.14
0.960.810.890.960.910.930.710.910.740.90.740.74-0.730.780.960.730.550.870.790.980.780.790.580.85-0.08
-0.61-0.43-0.62-0.63-0.67-0.59-0.34-0.71-0.55-0.54-0.62-0.55-0.73-0.43-0.59-0.29-0.13-0.51-0.49-0.67-0.44-0.23-0.26-0.45-0.06
0.90.990.810.870.560.850.970.520.540.950.410.540.78-0.430.780.720.50.990.550.770.980.850.950.95-0.21
0.950.820.840.950.910.940.730.90.690.890.720.690.96-0.590.780.820.620.860.840.970.770.840.560.88-0.09
0.830.750.70.810.760.890.650.70.710.820.580.710.73-0.290.720.820.70.770.820.80.720.780.520.84-0.14
0.630.540.630.60.650.650.450.550.610.620.610.610.55-0.130.50.620.70.550.680.620.530.550.360.66-0.52
0.960.990.870.940.680.920.940.650.630.980.520.630.87-0.510.990.860.770.550.630.860.970.880.90.97-0.18
0.790.60.610.740.90.840.50.870.680.740.810.680.79-0.490.550.840.820.680.630.820.590.60.310.74-0.07
0.960.80.890.970.940.940.670.930.830.890.750.830.98-0.670.770.970.80.620.860.820.760.820.550.86-0.09
0.90.990.820.870.590.870.960.540.530.960.50.530.78-0.440.980.770.720.530.970.590.760.80.930.96-0.2
0.860.860.750.860.660.830.80.620.630.860.410.630.79-0.230.850.840.780.550.880.60.820.80.740.86-0.21
0.740.930.680.70.310.660.940.260.350.830.20.350.58-0.260.950.560.520.360.90.310.550.930.740.83-0.25
0.960.970.860.930.750.950.910.70.660.990.640.660.85-0.450.950.880.840.660.970.740.860.960.860.83-0.2
-0.14-0.22-0.35-0.11-0.05-0.11-0.210.01-0.14-0.17-0.07-0.14-0.08-0.06-0.21-0.09-0.14-0.52-0.18-0.07-0.09-0.2-0.21-0.25-0.2
Click cells to compare fundamentals

Tennant Account Relationship Matchups

Tennant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.1B1.1B1.2B
Short Long Term Debt Total369.1M337.2M293M317.4M242.4M254.5M
Other Current Liab142.7M102.4M130.9M97.6M122.3M128.4M
Total Current Liabilities274.9M254.3M290.3M261.6M273.7M287.4M
Total Stockholder Equity359.9M404.8M433.8M470.8M577M605.9M
Property Plant And Equipment Net219.9M230M214.1M211.7M229.4M240.9M
Net Debt294.5M196.2M169.4M240M125.3M131.6M
Retained Earnings346M363.3M410.6M458M547.4M574.8M
Cash74.6M141M123.6M77.4M117.1M123.0M
Non Current Assets Total581.9M589M534.9M509.8M544.3M571.5M
Non Currrent Assets Other29.2M25M29.7M19.1M64.4M67.6M
Cash And Short Term Investments74.6M141M123.6M77.4M117.1M123.0M
Net Receivables223.3M199.9M211.4M251.5M247.6M260.0M
Common Stock Shares Outstanding18.5M18.6M18.8M18.7M18.8M16.2M
Liabilities And Stockholders Equity1.1B1.1B1.1B1.1B1.1B1.2B
Non Current Liabilities Total426.7M422.2M336.3M351.4M261.4M274.5M
Inventory150.1M127.7M160.6M206.6M175.9M184.7M
Other Current Assets33M47.7M31.2M39.8M28.5M29.9M
Other Stockholder Equity45.5M54.7M54.1M56M64.9M68.1M
Total Liab701.6M676.5M626.6M613M535.1M561.9M
Property Plant And Equipment Gross219.9M437M172.8M491M533.4M560.1M
Total Current Assets481M493.6M526.8M575.3M569.1M597.6M
Accumulated Other Comprehensive Income(38.5M)(20.1M)(37.9M)(50.2M)(42.3M)(44.4M)
Short Term Debt31.3M27.2M20.6M20.2M20.8M21.8M
Accounts Payable94.1M106.3M121.5M126.1M111.4M61.5M
Intangible Assets137.7M126.2M98M76.4M63.1M45.1M
Good Will195.1M207.8M193.1M182M187.4M196.8M
Current Deferred Revenue6.8M5.9M7.7M6.6M7.9M12.3M
Common Stock Total Equity6.8M6.9M6M7M8.1M6.4M
Common Stock6.7M6.8M6.9M7M8.1M6.5M
Other Liab88.9M95.9M47.5M39.2M45.1M48.3M
Other Assets29.2M25M29.7M39.7M45.7M47.9M
Long Term Debt307.5M297.6M263.4M295M193.7M109.6M
Property Plant Equipment173.3M185.5M214.1M211.7M243.5M122.5M
Net Tangible Assets27.1M404.8M142.7M212.4M191.2M137.2M
Retained Earnings Total Equity346M363.3M410.6M458M526.7M327.0M
Long Term Debt Total307.5M297.6M263.4M295.1M339.4M197.6M
Capital Surpluse45.5M54.7M54.1M56M64.4M36.4M
Non Current Liabilities Other77.5M85.5M72.9M14.5M21.5M20.4M

Also Currently Popular

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 Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant'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 Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Industrial Machinery & Supplies & Components 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 Tennant. If investors know Tennant 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 Tennant 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
(0.1)
Dividend Share
1.12
Earnings Share
5.67
Revenue Per Share
67.733
Quarterly Revenue Growth
0.036
The market value of Tennant Company is measured differently than its book value, which is the value of Tennant that is recorded on the company's balance sheet. Investors also form their own opinion of Tennant's value that differs from its market value or its book value, called intrinsic value, which is Tennant'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 Tennant's market value can be influenced by many factors that don't directly affect Tennant'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 Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tennant'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.