Toughbuilt Capital Stock from 2010 to 2024
| TBLT Stock | USD 3.00 0.13 4.53% |
Capital Stock | First Reported 2010-12-31 | Previous Quarter 1.3 K | Current Value 1.2 K | Quarterly Volatility 1.2 M |
Check Toughbuilt Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toughbuilt 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 exotic 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 | Capital Stock |
Latest Toughbuilt Industries' Capital Stock Growth Pattern
Below is the plot of the Capital Stock of Toughbuilt Industries over the last few years. It is the total amount of a company’s capital funded by shareholders through the issue and subscription of shares. Toughbuilt Industries' Capital Stock 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.
| Capital Stock | 10 Years Trend |
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Capital Stock |
| Timeline |
Toughbuilt Capital Stock Regression Statistics
| Arithmetic Mean | 323,325 | |
| Geometric Mean | 2,406 | |
| Coefficient Of Variation | 384.73 | |
| Mean Deviation | 599,528 | |
| Median | 987.00 | |
| Standard Deviation | 1,243,912 | |
| Sample Variance | 1.5T | |
| Range | 4.8M | |
| R-Value | 0.12 | |
| Mean Square Error | 1.6T | |
| R-Squared | 0.02 | |
| Significance | 0.66 | |
| Slope | 34,646 | |
| Total Sum of Squares | 21.7T |
Toughbuilt Capital Stock History
Other Fundumenentals of Toughbuilt Industries
Toughbuilt Industries Capital Stock component correlations
Click cells to compare fundamentals
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 Capital Stock, 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 | ||
| Capital Stock | 1.3 K | 1.2 K | |
| Issuance Of Capital Stock | 13.3 M | 12.7 M |
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
| 0.82 | VEEE | Twin Vee Powercats | PairCorr |
| 0.79 | PVH | PVH Corp Financial Report 29th of May 2024 | PairCorr |
Moving against Toughbuilt Stock
| 0.8 | GM | General Motors Sell-off Trend | PairCorr |
| 0.5 | MPX | Marine Products Financial Report 24th of July 2024 | PairCorr |
| 0.49 | GPC | Genuine Parts | PairCorr |
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.Check out the analysis of Toughbuilt Industries Correlation against competitors. For more information on how to buy Toughbuilt Stock please use our How to Invest in Toughbuilt Industries guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary 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.
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Is Toughbuilt Industries' 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 Toughbuilt Industries. If investors know Toughbuilt 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 Toughbuilt Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (197.60) | Revenue Per Share 309.748 | Quarterly Revenue Growth (0.32) | Return On Assets (0.42) | Return On Equity (1.77) |
The market value of Toughbuilt Industries is measured differently than its book value, which is the value of Toughbuilt that is recorded on the company's balance sheet. Investors also form their own opinion of Toughbuilt Industries' value that differs from its market value or its book value, called intrinsic value, which is Toughbuilt Industries' 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 Toughbuilt Industries' market value can be influenced by many factors that don't directly affect Toughbuilt Industries' 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 Toughbuilt Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toughbuilt Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toughbuilt Industries' 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.