TOMI Good Will vs Current Deferred Revenue Analysis
TOMZ Stock | USD 0.81 0.02 2.41% |
TOMI Environmental financial indicator trend analysis is much more than just breaking down TOMI Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TOMI Environmental is a good investment. Please check the relationship between TOMI Environmental Good Will and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TOMI Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Good Will vs Current Deferred Revenue
Good Will vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TOMI Environmental Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between TOMI Environmental's Good Will and Current Deferred Revenue is 0.3. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of TOMI Environmental Solutions, assuming nothing else is changed. The correlation between historical values of TOMI Environmental's Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of TOMI Environmental Solutions are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., TOMI Environmental's Good Will and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from TOMI Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TOMI Environmental 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 TOMI Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, TOMI Environmental's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to 0.00 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.70 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.8M | 8.3M | 7.4M | 5.6M | Depreciation And Amortization | 295.7K | 331.1K | 381.7K | 418.0K |
TOMI Environmental fundamental ratios Correlations
Click cells to compare fundamentals
TOMI Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TOMI Environmental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.2M | 16.8M | 16.3M | 15.5M | 13.4M | 8.0M | |
Other Current Liab | 516.8K | 501.8K | 664.6K | 728.7K | 675.5K | 709.3K | |
Total Current Liabilities | 6.3M | 2.2M | 1.8M | 3.3M | 2.1M | 2.2M | |
Total Stockholder Equity | 889.5K | 13.2M | 13.6M | 11.4M | 8.4M | 4.6M | |
Net Debt | 5.2M | (3.8M) | (4.4M) | (3.0M) | 717.1K | 753.0K | |
Retained Earnings | (43.5M) | (39.1M) | (43.5M) | (46.4M) | (49.8M) | (47.3M) | |
Accounts Payable | 713.2K | 1.5M | 1.1M | 1.8M | 1.3M | 783.3K | |
Cash | 897.2K | 5.2M | 5.3M | 3.9M | 2.3M | 2.0M | |
Cash And Short Term Investments | 897.2K | 5.2M | 5.3M | 3.9M | 2.3M | 2.2M | |
Common Stock Total Equity | 1.2M | 1.2M | 1.2M | 167.6K | 192.8K | 183.1K | |
Common Stock Shares Outstanding | 15.6M | 18.8M | 17.5M | 19.7M | 19.8M | 11.9M | |
Liabilities And Stockholders Equity | 8.2M | 16.8M | 16.3M | 15.5M | 13.4M | 8.0M | |
Non Current Liabilities Total | 1.0M | 1.4M | 861.4K | 761.1K | 2.9M | 3.1M | |
Other Stockholder Equity | 43.1M | 52.1M | 56.9M | 57.7M | 58.0M | 33.0M | |
Total Liab | 7.3M | 3.6M | 2.7M | 4.1M | 5.0M | 3.2M | |
Total Current Assets | 5.0M | 13.7M | 12.9M | 12.1M | 10.0M | 5.9M | |
Common Stock | 1.2M | 167.6K | 196.8K | 197.6K | 199.2K | 189.3K | |
Short Long Term Debt Total | 6.1M | 1.4M | 953.2K | 861.4K | 3.1M | 1.7M | |
Property Plant And Equipment Net | 2.0M | 1.9M | 2.1M | 1.9M | 1.5M | 959.1K | |
Non Current Assets Total | 3.2M | 3.1M | 3.4M | 3.4M | 3.4M | 2.4M | |
Non Currrent Assets Other | 114.0K | 358.9K | 341.0K | 475.1K | 550.7K | 578.2K | |
Net Receivables | 1.5M | 3.9M | 2.2M | 2.9M | 2.6M | 1.6M | |
Other Current Assets | 328.7K | 1.0 | 632.2K | 835.4K | 371.3K | 284.0K | |
Property Plant And Equipment Gross | 2.0M | 1.9M | 2.1M | 1.9M | 4.3M | 4.5M | |
Intangible Assets | 1.0M | 775.3K | 966.8K | 1.0M | 1.1M | 1.3M | |
Inventory | 2.3M | 3.8M | 4.7M | 4.5M | 4.7M | 2.8M | |
Property Plant Equipment | 2.0M | 1.9M | 2.1M | 1.9M | 2.1M | 1.2M | |
Net Tangible Assets | (148.8K) | 12.4M | 12.6M | 10.4M | 12.0M | 6.6M | |
Net Invested Capital | 5.9M | 13.6M | 13.6M | 11.4M | 10.7M | 11.7M | |
Net Working Capital | (1.3M) | 11.5M | 11.1M | 8.8M | 7.9M | 8.3M | |
Capital Stock | 1.3M | 168.3K | 197.4K | 198.3K | 199.9K | 189.9K |
Also Currently Popular
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 TOMI Environmental offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TOMI Environmental'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 Tomi Environmental Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tomi Environmental Solutions Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TOMI Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for TOMI Stock analysis
When running TOMI Environmental's price analysis, check to measure TOMI Environmental'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 TOMI Environmental is operating at the current time. Most of TOMI Environmental's value examination focuses on studying past and present price action to predict the probability of TOMI Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOMI Environmental's price. Additionally, you may evaluate how the addition of TOMI Environmental to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
Is TOMI Environmental'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 TOMI Environmental. If investors know TOMI 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 TOMI Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.18) | Revenue Per Share 0.371 | Quarterly Revenue Growth (0.46) | Return On Assets (0.15) | Return On Equity (0.34) |
The market value of TOMI Environmental is measured differently than its book value, which is the value of TOMI that is recorded on the company's balance sheet. Investors also form their own opinion of TOMI Environmental's value that differs from its market value or its book value, called intrinsic value, which is TOMI Environmental'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 TOMI Environmental's market value can be influenced by many factors that don't directly affect TOMI Environmental'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 TOMI Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if TOMI Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TOMI Environmental'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.