Turning Non Current Liabilities Total vs Common Stock Shares Outstanding Analysis

TPB Stock  USD 103.11  0.14  0.14%   
Turning Point financial indicator trend analysis is much more than just breaking down Turning Point Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Turning Point Brands is a good investment. Please check the relationship between Turning Point Non Current Liabilities Total and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Non Current Liabilities Total vs Common Stock Shares Outstanding

Non Current Liabilities Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Turning Point Brands Non Current Liabilities Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Turning Point's Non Current Liabilities Total and Common Stock Shares Outstanding is 0.09. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Turning Point Brands, assuming nothing else is changed. The correlation between historical values of Turning Point's Non Current Liabilities Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Turning Point Brands are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Liabilities Total i.e., Turning Point's Non Current Liabilities Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Turning Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Turning Point Brands 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 Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At present, Turning Point's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.87, whereas Selling General Administrative is forecasted to decline to about 68.8 M.
 2023 2024 2025 2026 (projected)
Gross Profit182.9M201.6M231.8M135.1M
Total Revenue325.1M360.7M414.8M277.1M

Turning Point fundamental ratios Correlations

0.630.20.470.810.880.370.820.290.870.970.040.870.590.690.750.520.550.880.730.350.670.730.960.120.97
0.630.370.170.260.540.310.430.050.790.57-0.080.790.280.330.070.170.960.420.39-0.240.990.390.59-0.080.57
0.20.370.250.10.23-0.460.290.410.240.160.410.240.260.11-0.220.20.310.260.27-0.560.380.240.06-0.140.1
0.470.170.250.460.4-0.150.420.360.450.39-0.120.450.490.260.390.31-0.070.550.160.160.190.410.450.820.47
0.810.260.10.460.920.280.930.260.560.850.080.560.760.740.840.540.150.80.870.520.270.870.780.10.82
0.880.540.230.40.920.380.960.260.680.90.070.680.830.70.670.370.450.770.90.30.550.920.830.00.86
0.370.31-0.46-0.150.280.380.26-0.470.280.4-0.260.280.20.30.35-0.10.380.190.280.510.340.260.520.010.42
0.820.430.290.420.930.960.260.290.590.830.170.590.890.590.640.450.330.80.920.210.440.970.770.00.81
0.290.050.410.360.260.26-0.470.290.290.230.40.290.260.220.080.220.020.330.27-0.150.120.270.2-0.080.14
0.870.790.240.450.560.680.280.590.290.76-0.091.00.40.510.50.410.70.670.450.180.810.550.880.180.77
0.970.570.160.390.850.90.40.830.230.760.050.760.590.790.780.510.510.840.810.40.60.720.90.030.97
0.04-0.080.41-0.120.080.07-0.260.170.4-0.090.05-0.090.20.12-0.080.51-0.020.080.33-0.25-0.050.18-0.03-0.37-0.1
0.870.790.240.450.560.680.280.590.291.00.76-0.090.40.510.50.410.70.670.450.180.810.550.880.180.77
0.590.280.260.490.760.830.20.890.260.40.590.20.40.350.410.210.160.560.740.050.290.950.570.160.58
0.690.330.110.260.740.70.30.590.220.510.790.120.510.350.680.490.280.520.720.570.350.490.6-0.040.66
0.750.07-0.220.390.840.670.350.640.080.50.78-0.080.50.410.680.57-0.010.750.580.790.090.550.750.240.79
0.520.170.20.310.540.37-0.10.450.220.410.510.510.410.210.490.570.090.580.480.290.170.330.450.060.48
0.550.960.31-0.070.150.450.380.330.020.70.51-0.020.70.160.28-0.010.090.310.36-0.260.960.280.52-0.290.48
0.880.420.260.550.80.770.190.80.330.670.840.080.670.560.520.750.580.310.680.290.450.680.840.190.88
0.730.390.270.160.870.90.280.920.270.450.810.330.450.740.720.580.480.360.680.230.40.850.64-0.290.72
0.35-0.24-0.560.160.520.30.510.21-0.150.180.4-0.250.180.050.570.790.29-0.260.290.23-0.220.150.430.270.39
0.670.990.380.190.270.550.340.440.120.810.6-0.050.810.290.350.090.170.960.450.4-0.220.390.63-0.070.6
0.730.390.240.410.870.920.260.970.270.550.720.180.550.950.490.550.330.280.680.850.150.390.710.040.69
0.960.590.060.450.780.830.520.770.20.880.9-0.030.880.570.60.750.450.520.840.640.430.630.710.20.92
0.12-0.08-0.140.820.10.00.010.0-0.080.180.03-0.370.180.16-0.040.240.06-0.290.19-0.290.27-0.070.040.20.18
0.970.570.10.470.820.860.420.810.140.770.97-0.10.770.580.660.790.480.480.880.720.390.60.690.920.18
Click cells to compare fundamentals

Turning Point Account Relationship Matchups

Turning Point fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets601.6M572.1M569.4M493.4M567.4M386.0M
Short Long Term Debt Total430.5M420.5M378.0M261.3M300.5M348.5M
Other Current Liab27.9M28.1M27.1M29.7M34.1M35.8M
Total Current Liabilities40.3M41.4M100.3M44.8M51.5M48.6M
Total Stockholder Equity131.4M111.6M151.0M188.0M216.2M227.0M
Property Plant And Equipment Net33.7M35.3M36.8M37.9M43.6M45.8M
Net Debt302.2M314.0M260.1M215.1M247.4M251.4M
Retained Earnings71.5M78.7M112.4M147.2M169.2M177.7M
Accounts Payable7.4M8.4M8.4M11.7M13.4M8.3M
Cash128.3M106.4M117.9M46.2M53.1M39.0M
Non Current Assets Total352.4M314.5M301.7M295.1M339.4M262.6M
Non Currrent Assets Other33.9M28.8M31.2M42.0M48.3M36.4M
Cash And Short Term Investments128.3M106.4M117.9M46.2M53.1M39.0M
Net Receivables6.5M8.4M29.2M24.8M28.5M30.0M
Good Will162.3M136.3M136.3M135.9M156.3M151.9M
Common Stock Shares Outstanding22.4M18.1M20.5M19.4M22.3M18.5M
Liabilities And Stockholders Equity601.6M572.1M569.4M493.4M567.4M386.0M
Non Current Liabilities Total427.5M417.4M317.0M258.2M296.9M320.2M
Inventory87.6M119.9M104.7M96.3M110.7M75.7M
Other Current Assets26.7M23.0M15.9M31.0M35.6M37.4M
Other Stockholder Equity59.9M35.1M41.0M43.5M50.0M34.0M
Total Liab467.8M458.7M417.4M303.0M348.4M368.8M
Property Plant And Equipment Gross33.7M35.3M59.0M59.8M68.7M72.2M
Total Current Assets249.2M257.7M267.6M198.2M227.9M123.3M
Accumulated Other Comprehensive Income(195K)(2.4M)(2.6M)(2.9M)(3.3M)(3.5M)
Short Term Debt3.0M3.1M61.0M3.1M2.8M2.7M
Intangible Assets87.5M84.5M86.9M65.3M75.0M42.6M
Other Assets68.9M60.5M47.4M35.6M32.1M30.4M
Net Tangible Assets(81.2M)(112.3M)(118.4M)(108.2M)(124.4M)(130.7M)
Long Term Debt414.2M406.8M307.1M248.6M285.9M309.2M
Deferred Long Term Liab890K4.1M388K282K253.8K241.1K
Property Plant Equipment33.7M35.3M36.5M37.9M43.6M22.3M
Long Term Debt Total414.2M406.8M308.6M250.8M288.4M307.2M
Capital Surpluse108.8M113.2M119.1M126.7M145.7M115.7M

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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 Turning Point Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turning Point'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 Turning Point Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turning Point Brands Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Tobacco 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 Turning Point. If investors know Turning 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 Turning Point 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
0.687
Dividend Share
0.295
Earnings Share
3.24
Revenue Per Share
24.186
Quarterly Revenue Growth
0.312
The market value of Turning Point Brands is measured differently than its book value, which is the value of Turning that is recorded on the company's balance sheet. Investors also form their own opinion of Turning Point's value that differs from its market value or its book value, called intrinsic value, which is Turning Point'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 Turning Point's market value can be influenced by many factors that don't directly affect Turning Point'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 Turning Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turning Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turning Point'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.