Toro Quick Ratio vs Tax Liabilities Analysis

TTC Stock  USD 90.10  0.91  1.02%   
Trend analysis of Toro Co balance sheet accounts such as Property Plant And Equipment Net of 926.2 M, Net Debt of 1.2 B, Retained Earnings of 1.7 B or Cash of 123.2 M provides information on Toro's total assets, liabilities, and equity, which is the actual value of Toro to its prevalent stockholders. By breaking down trends over time using Toro balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toro Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.

About Toro Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Toro at a specified time, usually calculated after every quarter, six months, or one year. Toro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Toro and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Toro currently owns. An asset can also be divided into two categories, current and non-current.

Toro Balance Sheet Chart

Toro Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Toro uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Toro's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.1 B, whereas Cash is forecasted to decline to about 123.2 M.

Total Assets

Total assets refers to the total amount of Toro assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Toro books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Toro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Toro Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Toro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Toro 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 Toro Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.The current year's Tax Provision is expected to grow to about 68.5 M, whereas Selling General Administrative is forecasted to decline to about 531.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense35.7M58.7M67.5M70.9M
Depreciation And Amortization121.4M119.2M137.1M143.9M

Toro fundamental ratios Correlations

0.990.991.00.990.941.00.191.0-0.270.190.87-0.51.00.990.8-0.681.00.990.990.950.240.990.780.960.57
0.990.960.990.990.960.990.130.99-0.280.130.86-0.451.00.990.81-0.690.990.980.980.920.280.990.720.960.5
0.990.960.970.970.890.970.270.98-0.250.270.87-0.580.970.960.75-0.70.990.980.970.980.260.960.820.940.64
1.00.990.970.990.931.00.190.99-0.270.190.86-0.480.990.990.8-0.660.990.990.980.940.20.990.790.960.57
0.990.990.970.990.951.00.140.99-0.260.140.86-0.450.990.990.82-0.650.990.990.990.920.221.00.740.960.51
0.940.960.890.930.950.94-0.140.95-0.21-0.140.81-0.330.960.970.86-0.630.940.920.940.850.190.960.590.950.35
1.00.990.971.01.00.940.170.99-0.270.170.86-0.470.990.990.8-0.660.990.990.980.940.21.00.770.960.54
0.190.130.270.190.14-0.140.170.16-0.261.00.26-0.560.140.05-0.2-0.280.20.230.140.260.360.120.480.060.62
1.00.990.980.990.990.950.990.16-0.250.160.87-0.470.990.990.78-0.691.00.980.970.960.260.990.770.980.56
-0.27-0.28-0.25-0.27-0.26-0.21-0.27-0.26-0.25-0.26-0.180.1-0.28-0.25-0.310.26-0.27-0.29-0.24-0.25-0.03-0.26-0.09-0.23-0.04
0.190.130.270.190.14-0.140.171.00.16-0.260.26-0.560.140.05-0.2-0.280.20.230.140.260.360.120.480.060.62
0.870.860.870.860.860.810.860.260.87-0.180.26-0.70.860.860.69-0.650.870.870.860.850.180.860.690.830.71
-0.5-0.45-0.58-0.48-0.45-0.33-0.47-0.56-0.470.1-0.56-0.7-0.46-0.44-0.390.61-0.52-0.54-0.53-0.52-0.13-0.43-0.7-0.32-0.84
1.01.00.970.990.990.960.990.140.99-0.280.140.86-0.460.990.81-0.680.990.990.980.930.250.990.730.970.51
0.990.990.960.990.990.970.990.050.99-0.250.050.86-0.440.990.85-0.650.990.980.980.930.170.990.720.970.49
0.80.810.750.80.820.860.8-0.20.78-0.31-0.20.69-0.390.810.85-0.420.790.810.850.7-0.130.820.560.730.32
-0.68-0.69-0.7-0.66-0.65-0.63-0.66-0.28-0.690.26-0.28-0.650.61-0.68-0.65-0.42-0.7-0.67-0.66-0.62-0.51-0.64-0.67-0.63-0.61
1.00.990.990.990.990.940.990.21.0-0.270.20.87-0.520.990.990.79-0.70.990.980.960.260.990.770.960.57
0.990.980.980.990.990.920.990.230.98-0.290.230.87-0.540.990.980.81-0.670.990.990.940.210.990.790.930.57
0.990.980.970.980.990.940.980.140.97-0.240.140.86-0.530.980.980.85-0.660.980.990.920.150.980.770.920.53
0.950.920.980.940.920.850.940.260.96-0.250.260.85-0.520.930.930.7-0.620.960.940.920.170.920.780.930.62
0.240.280.260.20.220.190.20.360.26-0.030.360.18-0.130.250.17-0.13-0.510.260.210.150.170.220.240.290.26
0.990.990.960.991.00.961.00.120.99-0.260.120.86-0.430.990.990.82-0.640.990.990.980.920.220.730.960.5
0.780.720.820.790.740.590.770.480.77-0.090.480.69-0.70.730.720.56-0.670.770.790.770.780.240.730.660.87
0.960.960.940.960.960.950.960.060.98-0.230.060.83-0.320.970.970.73-0.630.960.930.920.930.290.960.660.46
0.570.50.640.570.510.350.540.620.56-0.040.620.71-0.840.510.490.32-0.610.570.570.530.620.260.50.870.46
Click cells to compare fundamentals

Toro Account Relationship Matchups

Toro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B2.9B3.6B3.6B4.2B4.4B
Short Long Term Debt Total873.2M761.3M1.1B1.2B1.3B1.4B
Total Current Liabilities855.8M937.0M1.1B948.6M1.1B1.1B
Total Stockholder Equity1.1B1.2B1.4B1.5B1.7B1.8B
Property Plant And Equipment Net546.7M554.7M647.8M767M882.1M926.2M
Net Debt393.3M355.7M881.9M970M1.1B1.2B
Retained Earnings1.0B1.1B1.3B1.4B1.7B1.7B
Cash479.9M405.6M188.3M193.1M222.1M123.2M
Non Current Assets Total1.4B1.4B1.9B1.8B2.1B2.2B
Non Currrent Assets Other20.3M24.0M19.1M22.8M26.2M23.9M
Cash And Short Term Investments479.9M405.6M188.3M193.1M222.1M123.2M
Net Receivables261.1M310.3M332.7M407.4M468.5M237.8M
Common Stock Shares Outstanding108.7M108.5M105.6M105.3M94.8M129.4M
Liabilities And Stockholders Equity2.9B2.9B3.6B3.6B4.2B4.4B
Non Current Liabilities Total882.6M848.0M1.1B1.2B1.4B1.4B
Inventory652.4M738.2M1.1B1.1B1.3B1.3B
Other Current Assets34.2M35.1M103.3M110.5M127.1M133.4M
Other Stockholder Equity(34.3M)(26.0M)(33.1M)(37M)(33.3M)(31.6M)
Total Liab1.7B1.8B2.2B2.1B2.5B2.6B
Total Current Assets1.4B1.5B1.7B1.8B2.1B2.2B
Other Current Liab376.5M419.6M469.2M518.6M596.4M626.2M
Accounts Payable364.0M503.1M578.6M430M494.5M519.2M
Short Term Debt115.3M14.3M15.7M19.5M22.4M22.5M
Property Plant And Equipment Gross546.7M554.7M647.8M767M882.1M926.2M
Accumulated Other Comprehensive Income(34.3M)(26.0M)(33.1M)(37M)(42.6M)(44.7M)
Common Stock Total Equity106.7M107.6M105.2M104.0M119.6M125.5M
Intangible Assets408.3M420.0M585.8M540.1M621.1M652.2M
Common Stock107.6M105.2M104.0M103.8M119.4M62.5M
Other Liab124.7M101.0M86.3M41.2M47.4M39.6M
Other Assets26.8M29.8M24.4M37M42.6M34.8M
Long Term Debt691.3M691.2M990.8M1.0B1.2B1.2B
Good Will424.1M421.7M583.3M450.8M518.4M544.3M
Property Plant Equipment467.9M487.7M571.7M767M882.1M926.2M
Net Tangible Assets349.1M365.2M246.2M520M598M627.9M
Retained Earnings Total Equity784.9M1.0B1.1B1.3B1.5B1.5B
Long Term Debt Total620.9M691.3M691.2M990.8M1.1B1.2B
Deferred Long Term Liab50.6M70.4M50.4M44.3M50.9M30.1M
Non Current Liabilities Other54.3M50.6M42.0M40.8M46.9M32.0M

Toro Investors Sentiment

The influence of Toro's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Toro. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Toro's public news can be used to forecast risks associated with an investment in Toro. The trend in average sentiment can be used to explain how an investor holding Toro can time the market purely based on public headlines and social activities around Toro Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Toro's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Toro's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Toro's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Toro.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Toro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Toro's short interest history, or implied volatility extrapolated from Toro options trading.

Currently Active Assets on Macroaxis

When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro'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 Toro Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toro Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Toro Stock analysis

When running Toro's price analysis, check to measure Toro'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 Toro is operating at the current time. Most of Toro's value examination focuses on studying past and present price action to predict the probability of Toro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toro's price. Additionally, you may evaluate how the addition of Toro to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Is Toro'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 Toro. If investors know Toro 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 Toro 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
(0.39)
Dividend Share
1.38
Earnings Share
2.74
Revenue Per Share
42.216
Quarterly Revenue Growth
(0.13)
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro'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 Toro's market value can be influenced by many factors that don't directly affect Toro'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 Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro'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.