TOMI Net Invested Capital vs Net Tangible Assets 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 Net Invested Capital and its Net Tangible Assets 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.
Net Invested Capital vs Net Tangible Assets
Net Invested Capital vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TOMI Environmental Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TOMI Environmental's Net Invested Capital and Net Tangible Assets is 0.44. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets 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 Net Invested Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of TOMI Environmental Solutions are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., TOMI Environmental's Net Invested Capital and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 |
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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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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.
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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.