Twin Tangible Asset Value vs Income Tax Expense Analysis

TWIN Stock  USD 16.76  0.13  0.77%   
Twin Disc financial indicator trend analysis is much more than just breaking down Twin Disc rporated prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Twin Disc rporated is a good investment. Please check the relationship between Twin Disc Tangible Asset Value and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Disc Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Tangible Asset Value vs Income Tax Expense

Tangible Asset Value vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Twin Disc rporated Tangible Asset Value account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Twin Disc's Tangible Asset Value and Income Tax Expense is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Twin Disc Incorporated, assuming nothing else is changed. The correlation between historical values of Twin Disc's Tangible Asset Value and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Asset Value of Twin Disc Incorporated are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Tangible Asset Value i.e., Twin Disc's Tangible Asset Value and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Tangible Asset Value

The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.

Income Tax Expense

Most indicators from Twin Disc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Twin Disc rporated 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 Twin Disc Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Twin Disc's Tax Provision is very stable compared to the past year. As of the 19th of April 2024, Enterprise Value Over EBITDA is likely to grow to 8.96, while Selling General Administrative is likely to drop about 56.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit68.8M74.3M85.5M63.9M
Total Revenue242.9M277.0M318.5M235.0M

Twin Disc fundamental ratios Correlations

0.70.650.590.910.880.560.520.230.72-0.160.230.710.360.710.740.18-0.610.960.880.93-0.340.770.450.510.51
0.70.350.480.460.710.970.01-0.360.6-0.24-0.360.280.540.690.68-0.18-0.10.790.710.59-0.540.510.870.770.76
0.650.350.80.50.330.29-0.040.1-0.01-0.270.10.90.630.180.730.1-0.20.690.330.85-0.610.790.230.50.5
0.590.480.80.430.330.46-0.1-0.140.16-0.53-0.140.660.680.220.95-0.07-0.210.650.330.69-0.650.750.450.820.82
0.910.460.50.430.770.310.650.40.67-0.130.40.610.20.490.540.26-0.680.750.770.83-0.210.740.290.310.31
0.880.710.330.330.770.560.650.270.890.040.270.420.090.890.550.24-0.650.861.00.68-0.110.450.390.340.34
0.560.970.290.460.310.56-0.17-0.570.5-0.3-0.570.190.60.580.63-0.350.080.680.560.46-0.560.470.930.80.8
0.520.01-0.04-0.10.650.65-0.170.720.70.220.720.24-0.540.550.030.52-0.850.360.650.310.390.07-0.31-0.31-0.31
0.23-0.360.1-0.140.40.27-0.570.720.150.361.00.21-0.510.14-0.110.78-0.70.080.270.220.33-0.07-0.64-0.5-0.5
0.720.6-0.010.160.670.890.50.70.150.050.150.19-0.10.860.390.12-0.580.670.890.40.060.250.380.250.25
-0.16-0.24-0.27-0.53-0.130.04-0.30.220.360.050.36-0.06-0.540.18-0.440.020.07-0.160.04-0.230.2-0.51-0.45-0.66-0.66
0.23-0.360.1-0.140.40.27-0.570.721.00.150.360.21-0.510.14-0.110.78-0.70.080.270.220.33-0.07-0.64-0.5-0.5
0.710.280.90.660.610.420.190.240.210.19-0.060.210.380.320.620.07-0.290.70.420.83-0.50.710.090.290.29
0.360.540.630.680.20.090.6-0.54-0.51-0.1-0.54-0.510.38-0.050.64-0.310.30.440.090.53-0.630.70.720.820.82
0.710.690.180.220.490.890.580.550.140.860.180.140.32-0.050.460.19-0.490.790.890.47-0.050.170.330.260.26
0.740.680.730.950.540.550.630.03-0.110.39-0.44-0.110.620.640.46-0.05-0.320.790.550.75-0.620.740.560.860.86
0.18-0.180.1-0.070.260.24-0.350.520.780.120.020.780.07-0.310.19-0.05-0.550.110.240.180.25-0.11-0.37-0.24-0.24
-0.61-0.1-0.2-0.21-0.68-0.650.08-0.85-0.7-0.580.07-0.7-0.290.3-0.49-0.32-0.55-0.5-0.65-0.49-0.3-0.320.210.020.02
0.960.790.690.650.750.860.680.360.080.67-0.160.080.70.440.790.790.11-0.50.860.9-0.40.720.530.60.6
0.880.710.330.330.771.00.560.650.270.890.040.270.420.090.890.550.24-0.650.860.68-0.110.450.390.340.34
0.930.590.850.690.830.680.460.310.220.4-0.230.220.830.530.470.750.18-0.490.90.68-0.470.880.390.530.53
-0.34-0.54-0.61-0.65-0.21-0.11-0.560.390.330.060.20.33-0.5-0.63-0.05-0.620.25-0.3-0.4-0.11-0.47-0.51-0.59-0.65-0.65
0.770.510.790.750.740.450.470.07-0.070.25-0.51-0.070.710.70.170.74-0.11-0.320.720.450.88-0.510.520.660.66
0.450.870.230.450.290.390.93-0.31-0.640.38-0.45-0.640.090.720.330.56-0.370.210.530.390.39-0.590.520.850.84
0.510.770.50.820.310.340.8-0.31-0.50.25-0.66-0.50.290.820.260.86-0.240.020.60.340.53-0.650.660.851.0
0.510.760.50.820.310.340.8-0.31-0.50.25-0.66-0.50.290.820.260.86-0.240.020.60.340.53-0.650.660.841.0
Click cells to compare fundamentals

Twin Disc Account Relationship Matchups

Twin Disc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets294.1M275.4M276.5M289.2M332.6M226.6M
Short Long Term Debt Total56.1M45.0M47.1M29.4M33.9M28.2M
Other Current Liab24.8M32.4M33.4M38.6M44.4M30.2M
Total Current Liabilities66.7M78.6M81.1M100.1M115.1M120.9M
Total Stockholder Equity139.4M130.2M130.8M145.1M166.9M108.5M
Property Plant And Equipment Net72.7M60.2M54.3M51.8M59.6M51.0M
Net Debt45.4M32.6M34.6M16.2M18.6M16.6M
Retained Earnings156.7M135.8M135.0M120.3M138.3M129.9M
Cash10.7M12.3M12.5M13.3M15.3M11.6M
Non Current Assets Total120.1M83.4M72.1M69.5M79.9M85.1M
Non Currrent Assets Other4.0M3.3M2.5M2.6M2.4M2.2M
Cash And Short Term Investments10.7M12.3M12.5M13.3M15.3M11.6M
Net Receivables30.7M39.5M45.5M54.8M63.0M41.5M
Common Stock Shares Outstanding13.2M13.2M13.4M13.8M15.9M12.9M
Liabilities And Stockholders Equity294.1M275.4M276.5M289.2M332.6M226.6M
Non Current Liabilities Total87.4M66.2M64.3M43.6M50.1M60.2M
Inventory120.6M115.0M127.1M131.9M151.7M159.3M
Other Current Assets6.7M9.9M8.6M8.3M9.6M8.2M
Other Stockholder Equity(18.8M)(15.1M)(14.7M)(12.5M)(11.2M)(10.7M)
Total Liab154.2M144.8M145.3M143.7M165.2M117.8M
Property Plant And Equipment Gross72.7M60.2M54.3M51.8M59.6M51.0M
Total Current Assets174.0M192.0M204.5M219.7M252.7M141.5M
Accumulated Other Comprehensive Income(41.2M)(31.4M)(32.1M)(5.6M)(6.4M)(6.7M)
Short Term Debt4.8M2M4.7M2.0M1.8M1.7M
Accounts Payable25.7M31.0M28.5M36.5M42.0M21.7M
Intangible Assets19.0M17.5M13.0M12.6M14.5M10.2M
Common Stock Total Equity45.0M42.8M41.0M42.6M48.9M51.4M
Common Stock42.8M41.0M42.6M42.9M49.3M51.7M
Other Liab35.0M23.2M19.1M11.8M10.6M10.1M
Other Assets28.4M5.8M4.8M4.9M4.4M4.2M
Long Term Debt37.9M30.1M34.5M16.6M15.0M20.2M
Treasury Stock(21.3M)(18.8M)(15.1M)(14.7M)(13.2M)(13.9M)
Property Plant Equipment72.7M60.2M54.3M51.8M59.6M58.0M
Net Tangible Assets120.4M112.7M117.8M132.5M119.2M99.1M
Current Deferred Revenue11.5M13.1M17.2M22.9M26.4M27.7M
Noncontrolling Interest In Consolidated Entity602K569K450K412K370.8K531.4K
Retained Earnings Total Equity196.5M156.7M126.9M135.0M121.5M136.9M

Currently Active Assets on Macroaxis

When determining whether Twin Disc rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Twin Disc'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 Twin Disc Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Twin Disc Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Disc Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Twin Stock analysis

When running Twin Disc's price analysis, check to measure Twin Disc'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 Twin Disc is operating at the current time. Most of Twin Disc's value examination focuses on studying past and present price action to predict the probability of Twin Disc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Twin Disc's price. Additionally, you may evaluate how the addition of Twin Disc to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Is Twin Disc'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 Twin Disc. If investors know Twin 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 Twin Disc 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
(0.48)
Dividend Share
0.04
Earnings Share
0.71
Revenue Per Share
21.691
Quarterly Revenue Growth
0.152
The market value of Twin Disc rporated is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Disc's value that differs from its market value or its book value, called intrinsic value, which is Twin Disc'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 Twin Disc's market value can be influenced by many factors that don't directly affect Twin Disc'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 Twin Disc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Disc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Disc'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.