Toromont Historical Financial Ratios
TIH Stock | CAD 123.07 1.06 0.87% |
Toromont Industries is promptly reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 37.88, Free Cash Flow Yield of 0.0251, Invested Capital of 0.0 or Operating Cash Flow Per Share of 4.6 will help investors to properly organize and evaluate Toromont Industries financial condition quickly.
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About Toromont Financial Ratios Analysis
Toromont IndustriesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Toromont Industries investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Toromont financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Toromont Industries history.
Toromont Industries Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Toromont Industries stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Toromont Industries sales, a figure that is much harder to manipulate than other Toromont Industries multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Toromont Industries dividend as a percentage of Toromont Industries stock price. Toromont Industries dividend yield is a measure of Toromont Industries stock productivity, which can be interpreted as interest rate earned on an Toromont Industries investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Toromont Industries' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Toromont Industries current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Toromont Industries. 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 this time, Toromont Industries' EV To Sales is very stable compared to the past year. As of the 20th of February 2025, Free Cash Flow Per Share is likely to grow to 2.85, while PTB Ratio is likely to drop 1.98.
2022 | 2023 | 2024 | 2025 (projected) | |
Dividend Yield | 0.0156 | 0.0148 | 0.0165 | 0.0256 |
Price To Sales Ratio | 1.9 | 2.03 | 1.85 | 1.95 |
Toromont Industries fundamentals Correlations
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Toromont Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Toromont Industries fundamentals Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Price To Sales Ratio | 2.11 | 2.43 | 1.9 | 2.03 | 1.85 | 1.95 | |
Dividend Yield | 0.0134 | 0.0116 | 0.0156 | 0.0148 | 0.0165 | 0.0256 | |
Ptb Ratio | 4.31 | 4.83 | 3.46 | 3.49 | 3.15 | 1.98 | |
Days Sales Outstanding | 56.84 | 42.44 | 50.01 | 49.53 | 46.3 | 66.59 | |
Book Value Per Share | 20.68 | 23.66 | 28.24 | 32.61 | 36.07 | 37.88 | |
Free Cash Flow Yield | 0.0417 | 0.0499 | 0.0183 | 0.0257 | 0.0239 | 0.0251 | |
Operating Cash Flow Per Share | 4.25 | 6.57 | 2.63 | 4.32 | 4.38 | 4.6 | |
Stock Based Compensation To Revenue | 0.001647 | 0.001665 | 0.001607 | 0.002347 | 0.001763 | 0.001186 | |
Pb Ratio | 4.31 | 4.83 | 3.46 | 3.49 | 3.15 | 1.98 | |
Ev To Sales | 2.13 | 2.36 | 1.84 | 1.95 | 1.81 | 1.9 | |
Free Cash Flow Per Share | 3.72 | 5.71 | 1.79 | 2.93 | 2.72 | 2.85 | |
Inventory Turnover | 3.02 | 3.04 | 3.63 | 4.05 | 2.84 | 3.96 | |
Days Of Inventory On Hand | 100.59 | 90.15 | 120.89 | 120.94 | 128.34 | 85.46 | |
Payables Turnover | 5.12 | 5.53 | 4.87 | 5.42 | 5.32 | 3.57 | |
Capex To Revenue | 0.0124 | 0.0183 | 0.0164 | 0.0248 | 0.0272 | 0.0258 | |
Cash Per Share | 7.2 | 11.11 | 11.27 | 12.64 | 10.87 | 11.42 | |
Pocfratio | 21.0 | 17.39 | 37.08 | 26.36 | 25.92 | 13.48 | |
Interest Coverage | 12.42 | 16.9 | 22.83 | 25.06 | 23.39 | 15.15 | |
Capex To Operating Cash Flow | 0.0978 | 0.39 | 0.12 | 0.32 | 0.38 | 0.36 | |
Pfcf Ratio | 23.97 | 20.02 | 54.5 | 38.86 | 41.81 | 43.9 | |
Days Payables Outstanding | 71.24 | 65.98 | 74.97 | 67.37 | 68.66 | 96.98 | |
Ev To Operating Cash Flow | 21.2 | 16.92 | 35.86 | 25.35 | 25.33 | 15.44 | |
Pe Ratio | 28.75 | 28.37 | 17.71 | 17.54 | 18.38 | 10.65 | |
Ev To Free Cash Flow | 24.2 | 19.47 | 52.71 | 37.37 | 40.86 | 42.91 | |
Earnings Yield | 0.0348 | 0.0352 | 0.0565 | 0.057 | 0.0544 | 0.1 | |
Net Debt To E B I T D A | 0.13 | (0.4) | (0.33) | (0.38) | (0.23) | (0.21) | |
Current Ratio | 2.36 | 2.59 | 2.43 | 2.64 | 2.37 | 1.62 | |
Tangible Book Value Per Share | 14.86 | 17.91 | 22.5 | 26.9 | 30.35 | 31.86 | |
Receivables Turnover | 6.42 | 8.6 | 7.3 | 7.37 | 7.88 | 4.94 | |
Graham Number | 37.99 | 46.32 | 59.2 | 69.04 | 70.84 | 74.38 | |
Shareholders Equity Per Share | 20.68 | 23.66 | 28.24 | 32.61 | 36.07 | 37.88 | |
Debt To Equity | 0.49 | 0.43 | 0.39 | 0.29 | 0.25 | 0.22 |
Pair Trading with Toromont Industries
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 Toromont Industries 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 Toromont Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Toromont Stock
The ability to find closely correlated positions to Toromont Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toromont Industries 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 Toromont Industries - 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 Toromont Industries to buy it.
The correlation of Toromont Industries 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 Toromont Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toromont Industries 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 Toromont Industries 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.Other Information on Investing in Toromont Stock
Toromont IndustriesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Toromont Industries investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Toromont financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Toromont Industries history.