Tantech Holdings Shares Outstanding vs. Market Capitalization
| TANH Stock | USD 0.79 0 0.13% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.25 | 0.2148 |
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For Tantech Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tantech Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tantech Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tantech Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tantech Holdings over time as well as its relative position and ranking within its peers.
Tantech |
Is Commodity Chemicals space 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 Tantech Holdings. If investors know Tantech 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 Tantech Holdings 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 0.309 | Earnings Share 1.37 | Revenue Per Share 17.098 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0083 |
The market value of Tantech Holdings is measured differently than its book value, which is the value of Tantech that is recorded on the company's balance sheet. Investors also form their own opinion of Tantech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tantech Holdings' 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 Tantech Holdings' market value can be influenced by many factors that don't directly affect Tantech Holdings' 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 Tantech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tantech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tantech Holdings' 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.
Tantech Holdings Market Capitalization vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tantech Holdings's current stock value. Our valuation model uses many indicators to compare Tantech Holdings value to that of its competitors to determine the firm's financial worth. Tantech Holdings is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in market capitalization category among its peers creating about 0.80 of Market Capitalization per Shares Outstanding. The ratio of Shares Outstanding to Market Capitalization for Tantech Holdings is roughly 1.25 . As of now, Tantech Holdings' Market Cap is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tantech Holdings' earnings, one of the primary drivers of an investment's value.Tantech Market Capitalization vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Tantech Holdings |
| = | 7.84 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Tantech Holdings |
| = | 6.27 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Tantech Market Capitalization vs Competition
Tantech Holdings is currently regarded as top stock in market capitalization category among its peers. Market capitalization of Materials industry is at this time estimated at about 17.7 Billion. Tantech Holdings adds roughly 6.27 Million in market capitalization claiming only tiny portion of all equities under Materials industry.
Tantech Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tantech Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tantech Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Tantech Holdings' change in net profit over the period of time. It can combine multiple indicators of Tantech Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -5 M | -4.7 M | |
| Operating Income | -7.7 M | -7.3 M | |
| Income Before Tax | -7.4 M | -7.1 M | |
| Total Other Income Expense Net | 226.2 K | 237.5 K | |
| Net Loss | -7.5 M | -7.1 M | |
| Net Loss | -9.6 M | -9.1 M | |
| Income Tax Expense | 2.2 M | 1.3 M | |
| Net Income From Continuing Ops | 2.3 M | 2.4 M | |
| Interest Income | 1.8 M | 1.9 M | |
| Net Interest Income | 1.2 M | 1.2 M | |
| Change To Netincome | 6.3 M | 5.1 M | |
| Net Income Per Share | 2.02 | 1.92 | |
| Income Quality | 0.94 | 1.17 | |
| Net Income Per E B T | 0.76 | 0.68 |
Tantech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tantech Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tantech Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tantech Holdings' important profitability drivers and their relationship over time.
Use Tantech Holdings in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tantech Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tantech Holdings will appreciate offsetting losses from the drop in the long position's value.Tantech Holdings Pair Trading
Tantech Holdings Pair Trading Analysis
The ability to find closely correlated positions to Tantech Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tantech Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tantech Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tantech Holdings to buy it.
The correlation of Tantech Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tantech Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tantech Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tantech Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Tantech Holdings position
In addition to having Tantech Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Tantech Stock
When determining whether Tantech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tantech Holdings' 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 Tantech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tantech Holdings Stock:Check out World Market Map. For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
To fully project Tantech Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tantech Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tantech Holdings' income statement, its balance sheet, and the statement of cash flows.