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 DirectionPositive 
Relationship StrengthVery 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 Revenue7.8M8.3M7.4M5.6M
Depreciation And Amortization295.7K331.1K381.7K418.0K

TOMI Environmental fundamental ratios Correlations

0.150.110.87-0.41-0.840.910.860.86-0.110.840.340.950.360.99-0.10.3-0.150.750.760.450.93-0.090.670.49-0.13
0.15-0.730.410.02-0.230.240.20.2-0.070.210.210.29-0.470.26-0.070.24-1.00.28-0.3-0.390.18-0.450.20.23-0.46
0.11-0.73-0.260.23-0.170.07-0.12-0.120.160.22-0.110.070.73-0.040.160.060.740.180.650.460.080.350.080.060.35
0.870.41-0.26-0.67-0.650.820.850.85-0.280.670.060.83-0.140.92-0.270.07-0.420.60.450.290.8-0.190.60.39-0.23
-0.410.020.23-0.670.0-0.36-0.64-0.640.35-0.120.44-0.230.45-0.460.340.570.010.02-0.1-0.19-0.29-0.09-0.270.14-0.06
-0.84-0.23-0.17-0.650.0-0.83-0.59-0.590.01-0.84-0.49-0.93-0.47-0.810.0-0.520.22-0.78-0.71-0.51-0.820.1-0.69-0.770.13
0.910.240.070.82-0.36-0.830.730.73-0.190.840.290.920.290.91-0.180.21-0.230.760.660.480.94-0.160.710.54-0.19
0.860.2-0.120.85-0.64-0.590.731.0-0.090.560.250.730.120.9-0.080.04-0.20.480.460.240.73-0.080.60.25-0.11
0.860.2-0.120.85-0.64-0.590.731.0-0.10.560.250.730.120.89-0.090.03-0.20.480.460.250.73-0.080.60.26-0.11
-0.11-0.070.16-0.280.350.01-0.19-0.09-0.10.060.21-0.040.32-0.161.00.570.1-0.260.05-0.61-0.220.42-0.08-0.450.45
0.840.210.220.67-0.12-0.840.840.560.560.060.360.90.430.790.070.41-0.20.690.760.370.810.090.560.480.06
0.340.21-0.110.060.44-0.490.290.250.250.210.360.360.570.340.210.58-0.180.30.240.030.36-0.10.20.4-0.1
0.950.290.070.83-0.23-0.930.920.730.73-0.040.90.360.350.93-0.030.44-0.280.820.710.40.9-0.140.730.59-0.17
0.36-0.470.73-0.140.45-0.470.290.120.120.320.430.570.350.250.320.480.50.390.690.350.360.180.230.250.17
0.990.26-0.040.92-0.46-0.810.910.90.89-0.160.790.340.930.25-0.150.27-0.250.740.640.390.93-0.170.660.48-0.21
-0.1-0.070.16-0.270.340.0-0.18-0.08-0.091.00.070.21-0.030.32-0.150.570.1-0.250.06-0.6-0.210.42-0.06-0.450.45
0.30.240.060.070.57-0.520.210.040.030.570.410.580.440.480.270.57-0.210.380.31-0.210.3-0.10.140.23-0.08
-0.15-1.00.74-0.420.010.22-0.23-0.2-0.20.1-0.2-0.18-0.280.5-0.250.1-0.21-0.270.310.38-0.180.46-0.19-0.240.46
0.750.280.180.60.02-0.780.760.480.48-0.260.690.30.820.390.74-0.250.38-0.270.610.430.81-0.420.610.64-0.44
0.76-0.30.650.45-0.1-0.710.660.460.460.050.760.240.710.690.640.060.310.310.610.560.660.20.520.430.18
0.45-0.390.460.29-0.19-0.510.480.240.25-0.610.370.030.40.350.39-0.6-0.210.380.430.560.51-0.010.340.7-0.04
0.930.180.080.8-0.29-0.820.940.730.73-0.220.810.360.90.360.93-0.210.3-0.180.810.660.51-0.190.520.58-0.24
-0.09-0.450.35-0.19-0.090.1-0.16-0.08-0.080.420.09-0.1-0.140.18-0.170.42-0.10.46-0.420.2-0.01-0.19-0.16-0.291.0
0.670.20.080.6-0.27-0.690.710.60.6-0.080.560.20.730.230.66-0.060.14-0.190.610.520.340.52-0.160.41-0.15
0.490.230.060.390.14-0.770.540.250.26-0.450.480.40.590.250.48-0.450.23-0.240.640.430.70.58-0.290.41-0.32
-0.13-0.460.35-0.23-0.060.13-0.19-0.11-0.110.450.06-0.1-0.170.17-0.210.45-0.080.46-0.440.18-0.04-0.241.0-0.15-0.32
Click cells to compare fundamentals

TOMI Environmental Account Relationship Matchups

TOMI Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2M16.8M16.3M15.5M13.4M8.0M
Other Current Liab516.8K501.8K664.6K728.7K675.5K709.3K
Total Current Liabilities6.3M2.2M1.8M3.3M2.1M2.2M
Total Stockholder Equity889.5K13.2M13.6M11.4M8.4M4.6M
Net Debt5.2M(3.8M)(4.4M)(3.0M)717.1K753.0K
Retained Earnings(43.5M)(39.1M)(43.5M)(46.4M)(49.8M)(47.3M)
Accounts Payable713.2K1.5M1.1M1.8M1.3M783.3K
Cash897.2K5.2M5.3M3.9M2.3M2.0M
Cash And Short Term Investments897.2K5.2M5.3M3.9M2.3M2.2M
Common Stock Total Equity1.2M1.2M1.2M167.6K192.8K183.1K
Common Stock Shares Outstanding15.6M18.8M17.5M19.7M19.8M11.9M
Liabilities And Stockholders Equity8.2M16.8M16.3M15.5M13.4M8.0M
Non Current Liabilities Total1.0M1.4M861.4K761.1K2.9M3.1M
Other Stockholder Equity43.1M52.1M56.9M57.7M58.0M33.0M
Total Liab7.3M3.6M2.7M4.1M5.0M3.2M
Total Current Assets5.0M13.7M12.9M12.1M10.0M5.9M
Common Stock1.2M167.6K196.8K197.6K199.2K189.3K
Short Long Term Debt Total6.1M1.4M953.2K861.4K3.1M1.7M
Property Plant And Equipment Net2.0M1.9M2.1M1.9M1.5M959.1K
Non Current Assets Total3.2M3.1M3.4M3.4M3.4M2.4M
Non Currrent Assets Other114.0K358.9K341.0K475.1K550.7K578.2K
Net Receivables1.5M3.9M2.2M2.9M2.6M1.6M
Other Current Assets328.7K1.0632.2K835.4K371.3K284.0K
Property Plant And Equipment Gross2.0M1.9M2.1M1.9M4.3M4.5M
Intangible Assets1.0M775.3K966.8K1.0M1.1M1.3M
Inventory2.3M3.8M4.7M4.5M4.7M2.8M
Property Plant Equipment2.0M1.9M2.1M1.9M2.1M1.2M
Net Tangible Assets(148.8K)12.4M12.6M10.4M12.0M6.6M
Net Invested Capital5.9M13.6M13.6M11.4M10.7M11.7M
Net Working Capital(1.3M)11.5M11.1M8.8M7.9M8.3M
Capital Stock1.3M168.3K197.4K198.3K199.9K189.9K

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.