Tennant Total Revenue vs Net Interest Income Analysis
TNC Stock | USD 88.37 0.37 0.42% |
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 Total Revenue and its Net Interest Income 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.
Total Revenue vs Net Interest Income
Total Revenue vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tennant Company Total Revenue account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tennant's Total Revenue and Net Interest Income is -0.56. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Interest Income 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 Total Revenue and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Tennant Company are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Revenue i.e., Tennant's Total Revenue and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Tennant Company generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 Profit | 438M | 420.9M | 527.8M | 265.5M | Total Revenue | 1.1B | 1.1B | 1.2B | 627.5M |
Tennant fundamental ratios Correlations
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Tennant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tennant fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | |
Short Long Term Debt Total | 369.1M | 337.2M | 293M | 317.4M | 242.4M | 254.5M | |
Other Current Liab | 142.7M | 102.4M | 130.9M | 97.6M | 122.3M | 128.4M | |
Total Current Liabilities | 274.9M | 254.3M | 290.3M | 261.6M | 273.7M | 287.4M | |
Total Stockholder Equity | 359.9M | 404.8M | 433.8M | 470.8M | 577M | 605.9M | |
Property Plant And Equipment Net | 219.9M | 230M | 214.1M | 211.7M | 229.4M | 240.9M | |
Net Debt | 294.5M | 196.2M | 169.4M | 240M | 125.3M | 131.6M | |
Retained Earnings | 346M | 363.3M | 410.6M | 458M | 547.4M | 574.8M | |
Cash | 74.6M | 141M | 123.6M | 77.4M | 117.1M | 123.0M | |
Non Current Assets Total | 581.9M | 589M | 534.9M | 509.8M | 544.3M | 571.5M | |
Non Currrent Assets Other | 29.2M | 25M | 29.7M | 19.1M | 64.4M | 67.6M | |
Cash And Short Term Investments | 74.6M | 141M | 123.6M | 77.4M | 117.1M | 123.0M | |
Net Receivables | 223.3M | 199.9M | 211.4M | 251.5M | 247.6M | 260.0M | |
Common Stock Shares Outstanding | 18.5M | 18.6M | 18.8M | 18.7M | 18.8M | 16.2M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | |
Non Current Liabilities Total | 426.7M | 422.2M | 336.3M | 351.4M | 261.4M | 274.5M | |
Inventory | 150.1M | 127.7M | 160.6M | 206.6M | 175.9M | 184.7M | |
Other Current Assets | 33M | 47.7M | 31.2M | 39.8M | 28.5M | 29.9M | |
Other Stockholder Equity | 45.5M | 54.7M | 54.1M | 56M | 64.9M | 68.1M | |
Total Liab | 701.6M | 676.5M | 626.6M | 613M | 535.1M | 561.9M | |
Property Plant And Equipment Gross | 219.9M | 437M | 172.8M | 491M | 533.4M | 560.1M | |
Total Current Assets | 481M | 493.6M | 526.8M | 575.3M | 569.1M | 597.6M | |
Accumulated Other Comprehensive Income | (38.5M) | (20.1M) | (37.9M) | (50.2M) | (42.3M) | (44.4M) | |
Short Term Debt | 31.3M | 27.2M | 20.6M | 20.2M | 20.8M | 21.8M | |
Accounts Payable | 94.1M | 106.3M | 121.5M | 126.1M | 111.4M | 61.5M | |
Intangible Assets | 137.7M | 126.2M | 98M | 76.4M | 63.1M | 45.1M | |
Good Will | 195.1M | 207.8M | 193.1M | 182M | 187.4M | 196.8M | |
Current Deferred Revenue | 6.8M | 5.9M | 7.7M | 6.6M | 7.9M | 12.3M | |
Common Stock Total Equity | 6.8M | 6.9M | 6M | 7M | 8.1M | 6.4M | |
Common Stock | 6.7M | 6.8M | 6.9M | 7M | 8.1M | 6.5M | |
Other Liab | 88.9M | 95.9M | 47.5M | 39.2M | 45.1M | 48.3M | |
Other Assets | 29.2M | 25M | 29.7M | 39.7M | 45.7M | 47.9M | |
Long Term Debt | 307.5M | 297.6M | 263.4M | 295M | 193.7M | 109.6M | |
Property Plant Equipment | 173.3M | 185.5M | 214.1M | 211.7M | 243.5M | 122.5M | |
Net Tangible Assets | 27.1M | 404.8M | 142.7M | 212.4M | 191.2M | 137.2M | |
Retained Earnings Total Equity | 346M | 363.3M | 410.6M | 458M | 526.7M | 327.0M | |
Long Term Debt Total | 307.5M | 297.6M | 263.4M | 295.1M | 339.4M | 197.6M | |
Capital Surpluse | 45.5M | 54.7M | 54.1M | 56M | 64.4M | 36.4M | |
Non Current Liabilities Other | 77.5M | 85.5M | 72.9M | 14.5M | 21.5M | 20.4M |
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.