Toughbuilt Enterprise Value Over E B I T D A from 2010 to 2024
| TBLT Stock | USD 3.01 0.23 8.27% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter (0.43) | Current Value (0.41) | Quarterly Volatility 57.43458869 |
Check Toughbuilt Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toughbuilt Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 M, Interest Expense of 1.5 M or Selling General Administrative of 66.9 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.49. Toughbuilt financial statements analysis is a perfect complement when working with Toughbuilt Industries Valuation or Volatility modules.
Toughbuilt | Enterprise Value Over E B I T D A |
Latest Toughbuilt Industries' Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Toughbuilt Industries over the last few years. It is Toughbuilt Industries' Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Toughbuilt Industries' overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
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Enterprise Value Over E B I T D A |
| Timeline |
Toughbuilt Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | 13.07 | |
| Coefficient Of Variation | 439.45 | |
| Mean Deviation | 27.64 | |
| Median | (0.41) | |
| Standard Deviation | 57.43 | |
| Sample Variance | 3,299 | |
| Range | 230 | |
| R-Value | (0.13) | |
| Mean Square Error | 3,497 | |
| R-Squared | 0.02 | |
| Significance | 0.66 | |
| Slope | (1.61) | |
| Total Sum of Squares | 46,182 |
Toughbuilt Enterprise Value Over E B I T D A History
About Toughbuilt Industries Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Toughbuilt Industries income statement, its balance sheet, and the statement of cash flows. Toughbuilt Industries investors use historical funamental indicators, such as Toughbuilt Industries's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Toughbuilt Industries investors may use each financial statement separately, they are all related. The changes in Toughbuilt Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Toughbuilt Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Toughbuilt Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Toughbuilt Industries. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (0.43) | (0.41) |
Pair Trading with Toughbuilt 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 Toughbuilt 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 Toughbuilt Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Toughbuilt Stock
Moving against Toughbuilt Stock
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The ability to find closely correlated positions to Toughbuilt 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 Toughbuilt 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 Toughbuilt 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 Toughbuilt Industries to buy it.
The correlation of Toughbuilt 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 Toughbuilt Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toughbuilt 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 Toughbuilt 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.Additional Tools for Toughbuilt Stock Analysis
When running Toughbuilt Industries' price analysis, check to measure Toughbuilt Industries' 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 Toughbuilt Industries is operating at the current time. Most of Toughbuilt Industries' value examination focuses on studying past and present price action to predict the probability of Toughbuilt Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toughbuilt Industries' price. Additionally, you may evaluate how the addition of Toughbuilt Industries to your portfolios can decrease your overall portfolio volatility.