Tootsie Total Revenue vs Operating Income Analysis

TR Stock  USD 30.01  0.27  0.89%   
Tootsie Roll financial indicator trend analysis is much more than just breaking down Tootsie Roll Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tootsie Roll Industries is a good investment. Please check the relationship between Tootsie Roll Total Revenue and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tootsie Roll Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tootsie Roll Industries Total Revenue account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tootsie Roll's Total Revenue and Operating Income is 0.86. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Tootsie Roll Industries, assuming nothing else is changed. The correlation between historical values of Tootsie Roll's Total Revenue and Operating 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 Tootsie Roll Industries are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Tootsie Roll's Total Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Revenue

Total revenue comprises all receipts Tootsie Roll Industries 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.

Operating Income

Operating Income is the amount of profit realized from Tootsie Roll Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Tootsie Roll Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Tootsie Roll's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tootsie Roll Industries 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 Tootsie Roll Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Tootsie Roll's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 05/28/2024, Enterprise Value is likely to grow to about 2.4 B, while Selling General Administrative is likely to drop slightly above 68.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit194.5M227.2M257.4M181.3M
Total Revenue566.0M681.4M769.4M451.1M

Tootsie Roll fundamental ratios Correlations

0.680.940.921.00.96-0.50.020.570.980.150.730.91-0.860.970.830.430.990.990.360.910.040.970.580.770.05
0.680.790.850.660.66-0.050.010.160.67-0.350.430.68-0.830.640.670.560.660.730.90.630.670.650.730.880.27
0.940.790.970.930.91-0.380.010.470.910.010.70.86-0.820.910.830.360.920.960.510.880.240.90.660.830.18
0.920.850.970.910.87-0.31-0.030.40.88-0.10.690.88-0.870.860.870.460.910.940.610.890.320.870.760.890.28
1.00.660.930.910.95-0.510.010.580.980.160.740.91-0.860.960.810.440.990.980.340.910.030.970.570.760.05
0.960.660.910.870.95-0.330.270.40.980.330.540.87-0.770.960.880.380.90.960.380.77-0.020.970.530.67-0.12
-0.5-0.05-0.38-0.31-0.51-0.330.37-0.99-0.41-0.04-0.8-0.250.4-0.48-0.08-0.06-0.55-0.440.31-0.630.11-0.440.07-0.220.07
0.020.010.01-0.030.010.270.37-0.370.130.7-0.480.020.040.070.320.12-0.140.040.11-0.25-0.10.21-0.16-0.17-0.57
0.570.160.470.40.580.4-0.99-0.370.480.00.830.33-0.490.550.150.120.610.51-0.210.69-0.040.510.010.31-0.04
0.980.670.910.880.980.98-0.410.130.480.240.60.91-0.810.980.830.40.950.980.360.82-0.020.970.550.71-0.09
0.15-0.350.01-0.10.160.33-0.040.70.00.24-0.170.090.110.20.19-0.130.060.11-0.45-0.07-0.620.31-0.42-0.32-0.58
0.730.430.70.690.740.54-0.8-0.480.830.6-0.170.56-0.690.650.430.280.80.680.090.930.150.640.40.650.44
0.910.680.860.880.910.87-0.250.020.330.910.090.56-0.80.860.790.480.910.890.430.80.030.880.650.770.09
-0.86-0.83-0.82-0.87-0.86-0.770.40.04-0.49-0.810.11-0.69-0.8-0.77-0.67-0.76-0.85-0.83-0.63-0.85-0.45-0.85-0.64-0.83-0.19
0.970.640.910.860.960.96-0.480.070.550.980.20.650.86-0.770.810.330.940.990.310.83-0.060.950.480.69-0.09
0.830.670.830.870.810.88-0.080.320.150.830.190.430.79-0.670.810.350.760.850.50.710.090.850.660.750.11
0.430.560.360.460.440.38-0.060.120.120.4-0.130.280.48-0.760.330.350.40.380.590.440.480.470.460.460.11
0.990.660.920.910.990.9-0.55-0.140.610.950.060.80.91-0.850.940.760.40.960.330.940.040.920.60.780.15
0.990.730.960.940.980.96-0.440.040.510.980.110.680.89-0.830.990.850.380.960.420.870.070.960.590.780.03
0.360.90.510.610.340.380.310.11-0.210.36-0.450.090.43-0.630.310.50.590.330.420.310.790.350.70.70.3
0.910.630.880.890.910.77-0.63-0.250.690.82-0.070.930.8-0.850.830.710.440.940.870.310.180.840.590.810.36
0.040.670.240.320.03-0.020.11-0.1-0.04-0.02-0.620.150.03-0.45-0.060.090.480.040.070.790.180.020.440.510.43
0.970.650.90.870.970.97-0.440.210.510.970.310.640.88-0.850.950.850.470.920.960.350.840.020.470.72-0.07
0.580.730.660.760.570.530.07-0.160.010.55-0.420.40.65-0.640.480.660.460.60.590.70.590.440.470.710.47
0.770.880.830.890.760.67-0.22-0.170.310.71-0.320.650.77-0.830.690.750.460.780.780.70.810.510.720.710.47
0.050.270.180.280.05-0.120.07-0.57-0.04-0.09-0.580.440.09-0.19-0.090.110.110.150.030.30.360.43-0.070.470.47
Click cells to compare fundamentals

Tootsie Roll Account Relationship Matchups

Tootsie Roll fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets977.9M984.6M1.0B1.0B1.1B688.6M
Short Long Term Debt Total9.8M9.2M15.9M13.3M15.9M13.1M
Other Current Liab65.0M55.4M63.0M63.0M68.6M43.2M
Total Current Liabilities79.5M70.0M80.0M90.1M94.9M60.6M
Total Stockholder Equity759.9M763.3M769.0M783.2M823.4M535.9M
Property Plant And Equipment Net188.5M187.3M208.9M212.0M223.0M149.8M
Net Debt(129.1M)(157.7M)(90.0M)(40.0M)(60.4M)(63.4M)
Retained Earnings40.8M32.3M39.5M48.3M62.9M79.8M
Cash139.0M166.8M105.8M53.3M76.3M75.6M
Non Current Assets Total624.5M663.7M750.3M709.8M743.7M465.7M
Non Currrent Assets Other34.1M7.0M603K465K15.2M14.4M
Cash And Short Term Investments239.4M208.9M145.8M149.4M171.8M110.3M
Net Receivables48.5M45.1M58.8M62.9M64.7M36.7M
Common Stock Shares Outstanding75.9M74.9M73.7M73.0M71.9M71.0M
Liabilities And Stockholders Equity977.9M984.6M1.0B1.0B1.1B688.6M
Non Current Liabilities Total138.7M151.4M169.9M145.8M166.4M92.0M
Inventory59.1M59.6M55.5M84.3M94.9M50.8M
Other Current Assets6.4M7.3M8.1M12.5M9.2M18.2M
Other Stockholder Equity694.1M704.9M707.9M717.6M735.5M427.1M
Total Liab218.2M221.5M249.8M235.9M261.3M152.7M
Property Plant And Equipment Gross188.5M187.3M621.4M641.2M670.5M704.0M
Total Current Assets353.3M320.9M268.3M309.0M340.7M222.9M
Accumulated Other Comprehensive Income(20.2M)(19.8M)(25.0M)(30.2M)(23.2M)(24.4M)
Short Term Debt1.8M1.6M2.0M1.8M2.4M4.1M
Accounts Payable12.7M13.0M15.0M25.2M15.8M12.3M
Common Stock Total Equity45.2M45.9M46.6M47.5M54.6M44.0M
Short Term Investments100.4M42.1M40.0M96.1M95.5M54.1M
Common Stock45.2M45.9M46.6M47.5M48.2M44.4M
Other Liab130.7M143.9M156.0M134.3M154.5M95.2M
Other Assets34.8M403.1M2.0M1.9M2.2M2.1M
Property Plant Equipment188.5M187.3M208.9M212.0M243.8M204.0M
Net Tangible Assets511.6M515.1M520.8M534.9M615.1M516.0M
Noncontrolling Interest In Consolidated Entity(205K)(227K)(245K)(289K)(260.1K)(247.1K)
Retained Earnings Total Equity40.8M32.3M39.5M48.3M43.4M50.3M
Capital Surpluse696.1M706.9M709.9M719.6M827.5M695.0M

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When determining whether Tootsie Roll Industries is a strong investment it is important to analyze Tootsie Roll's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tootsie Roll's future performance. For an informed investment choice regarding Tootsie Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tootsie Roll Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Tootsie Roll's industry 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 Tootsie Roll. If investors know Tootsie 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 Tootsie Roll 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
0.196
Dividend Share
0.352
Earnings Share
1.31
Revenue Per Share
10.606
Quarterly Revenue Growth
(0.06)
The market value of Tootsie Roll Industries is measured differently than its book value, which is the value of Tootsie that is recorded on the company's balance sheet. Investors also form their own opinion of Tootsie Roll's value that differs from its market value or its book value, called intrinsic value, which is Tootsie Roll'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 Tootsie Roll's market value can be influenced by many factors that don't directly affect Tootsie Roll'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 Tootsie Roll's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tootsie Roll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tootsie Roll'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.