Tri Continental Closed Stock Net Income
| TY Stock | USD 29.79 0.06 0.20% |
Tri Continental Closed fundamentals help investors to digest information that contributes to Tri Continental's financial success or failures. It also enables traders to predict the movement of Tri Stock. The fundamental analysis module provides a way to measure Tri Continental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tri Continental stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 253.1 M | 265.7 M | |
| Net Income From Continuing Ops | 253.1 M | 265.7 M | |
| Net Loss | -338.2 M | -321.3 M | |
| Net Income Per Share | 4.78 | 3.91 | |
| Net Income Per E B T | 1.22 | 1.16 |
Tri | Net Income |
Tri Continental Closed Company Net Income Analysis
Tri Continental's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Tri Continental Net Income | 253.08 M |
Most of Tri Continental's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tri Continental Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tri Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Tri Continental is extremely important. It helps to project a fair market value of Tri Stock properly, considering its historical fundamentals such as Net Income. Since Tri Continental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tri Continental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tri Continental's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Tri Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Tri Continental Closed reported net income of 253.08 M. This is 80.19% lower than that of the Capital Markets sector and 7.1% lower than that of the Financials industry. The net income for all United States stocks is 55.68% higher than that of the company.
Tri Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tri Continental's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tri Continental could also be used in its relative valuation, which is a method of valuing Tri Continental by comparing valuation metrics of similar companies.Tri Continental is currently under evaluation in net income category among related companies.
Tri Continental Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tri Continental from analyzing Tri Continental's financial statements. These drivers represent accounts that assess Tri Continental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tri Continental's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.5B | 1.5B | 1.8B | 1.4B | 1.5B | 1.7B | |
| Enterprise Value | 1.5B | 1.5B | 1.8B | 1.4B | 1.5B | 1.7B |
Tri Continental ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tri Continental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tri Continental's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Tri Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0221 | ||||
| Profit Margin | 3.77 % | ||||
| Operating Margin | 0.88 % | ||||
| Current Valuation | 1.47 B | ||||
| Shares Outstanding | 52.03 M | ||||
| Shares Owned By Institutions | 13.10 % | ||||
| Number Of Shares Shorted | 804.68 K | ||||
| Price To Earning | 7.40 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 23.18 X | ||||
| Revenue | 85.94 M | ||||
| Gross Profit | 68.21 M | ||||
| EBITDA | 253.08 M | ||||
| Net Income | 253.08 M | ||||
| Cash And Equivalents | 57.25 K | ||||
| Total Debt | 189.55 K | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 32.66 X | ||||
| Cash Flow From Operations | 435.7 M | ||||
| Short Ratio | 20.18 X | ||||
| Earnings Per Share | 4.78 X | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 1.55 B | ||||
| Total Asset | 1.75 B | ||||
| Retained Earnings | 269.92 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 1.75 B | ||||
| Last Dividend Paid | 1.11 |
About Tri Continental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tri Continental Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tri Continental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tri Continental Closed based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Tri Continental Closed offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tri Continental'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 Tri Continental Closed Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tri Continental Closed Stock:Check out Tri Continental Piotroski F Score and Tri Continental Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Tri Stock analysis
When running Tri Continental's price analysis, check to measure Tri Continental's 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 Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.
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Is Tri Continental'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 Tri Continental. If investors know Tri 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 Tri Continental 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 3.8 | Dividend Share 1.114 | Earnings Share 4.78 | Revenue Per Share 1.281 | Quarterly Revenue Growth 0.011 |
The market value of Tri Continental Closed is measured differently than its book value, which is the value of Tri that is recorded on the company's balance sheet. Investors also form their own opinion of Tri Continental's value that differs from its market value or its book value, called intrinsic value, which is Tri Continental'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 Tri Continental's market value can be influenced by many factors that don't directly affect Tri Continental'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 Tri Continental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tri Continental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tri Continental'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.