Tootsie Roll Industries, Inc. - TROLB

TROLB Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
TROLB	0	0	10.2	10.2	4.8	8.0	12.6	2.8	46.1	50.1
S&P 500	0.0	0.1	2.9	10.1	14.6	35.7	27.8	93.4	193.5	33792.3

Compare TROLB with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	TROLB
name	Tootsie Roll Industries, Inc.
price	32.50
changes percentage	0
change	0
day low	32.50
day high	32.50
year high	32.50
year low	27.50
market cap	2059195255
price avg 50	32.14
price avg 200	30.47
exchange	OTC
volume	100
avg volume	3
open	32.50
previous close	None
eps	1.31
pe	24.81
earnings announcement	2024-10-23T00:00:00.000+0000
shares outstanding	63359854
timestamp	2024-11-13 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 64.3%

Overall Quarterly Financial Health: 46.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000098677
revenue	769365000	681440000	12.90
gross profit	257425000	227201000	13.30
gross profit ratio	0.33	0.33	0.35
research and development expenses	0	0	NaN
operating expenses	155012000	121976000	27.08
interest income	5211000	2641000	97.31
interest expense	337000	104000	224.04
ebitda	135504000	112879000	20.04
ebitdaratio	0.18	0.19	-8.99
operating income	101828000	110755000	-8.06
operating income ratio	0.13	0.16	-18.57
net income	91912000	75937000	21.04
net income ratio	0.12	0.11	7.20
eps	1.28	1.04	23.08

Overall Score of Annual Income Statement

0.71 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 769 million in 2023 from 681 million in 2022 representing a change of 12.9%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 257 million in 2023 from 227 million in 2022 representing a change of 13.3%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 136 million in 2023 from 113 million in 2022 representing a change of 20.04%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Net Income: Net income increased to 92 million in 2023 from 76 million in 2022 representing a change of 21.04%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 1.28 in 2023 from 1.28 in 2022 representing a change of 23.08%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 155 million in 2023 from 122 million in 2022 representing a change of 27.08%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Operating Income: Operating income decreased to 102 million in 2023 from 111 million in 2022 representing a change of -8.06%. The decrease in operating income indicates worse operational performance and decreased profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000098677
revenue	225934000	150736000	49.89
gross profit	75625000	51153000	47.84
gross profit ratio	0.33	0.34	-1.37
research and development expenses	0	0	NaN
operating expenses	41825000	35040000	19.36
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	35244000	20017000	76.07
ebitdaratio	0.16	0.14	13.62
operating income	35244000	16113000	118.73
operating income ratio	0.16	0.11	45.93
net income	32844000	15640000	110.00
net income ratio	0.15	0.1	40.11
eps	0.46	0.22	109.09

Overall Score of Quarterly Income Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 226 million in 2024Q3 from 151 million in 2024Q2 representing a change of 49.89%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 76 million in 2024Q3 from 51 million in 2024Q2 representing a change of 47.84%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 35 million in 2024Q3 from 20 million in 2024Q2 representing a change of 76.07%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 35 million in 2024Q3 from 16 million in 2024Q2 representing a change of 118.73%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 33 million in 2024Q3 from 16 million in 2024Q2 representing a change of 110.0%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.46 in 2024Q3 from 0.46 in 2024Q2 representing a change of 109.09%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 42 million in 2024Q3 from 35 million in 2024Q2 representing a change of 19.36%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000098677
total assets	1084391000	1018779000	6.44
total liabilities	261284000	235897000	10.76
total equity	823107000	782882000	5.14
cash and cash equivalents	75915000	53270000	42.51
short term investments	95507000	96128000	-0.65
long term investments	255606000	247528000	3.26
total current assets	340651000	309028000	10.23
total non current assets	743740000	709751000	4.79
total current liabilities	94888000	90134000	5.27
total non current liabilities	166396000	145763000	14.16
common stock	48225000	47450000	1.63
retained earnings	62949000	48276000	30.39
total debt	15895000	13294000	19.57

Overall Score of Annual Balance Sheet

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,084 million in 2023 from 1,019 million in 2022 representing a change of 6.44%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 823 million in 2023 from 783 million in 2022 representing a change of 5.14%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 76 million in 2023 from 53 million in 2022 representing a change of 42.51%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 341 million in 2023 from 309 million in 2022 representing a change of 10.23%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 48 in 2023 from 47 in 2022 representing a change of 1.63%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 63 million in 2023 from 48 million in 2022 representing a change of 30.39%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 261 million in 2023 from 236 million in 2022 representing a change of 10.76%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 96 million in 2023 from 96 million in 2022 representing a change of -0.65%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 95 million in 2023 from 90 million in 2022 representing a change of 5.27%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 16 million in 2023 from 13 million in 2022 representing a change of 19.57%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000098677
total assets	0	1102601000	-100.00
total liabilities	276387000	261507000	5.69
total equity	869830000	841094000	3.42
cash and cash equivalents	0	45987000	-100.00
short term investments	0	85548000	-100.00
long term investments	0	292723000	-100.00
total current assets	0	323877000	-100.00
total non current assets	0	778724000	-100.00
total current liabilities	95719000	86763000	10.32
total non current liabilities	180668000	174744000	3.39
common stock	49615000	49668000	-0.11
retained earnings	41787000	15359000	172.07
total debt	6622000	15445000	-57.13

Overall Score of Quarterly Balance Sheet

0.3 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 0 million in 2024Q3 from 1,103 million in 2024Q2 representing a change of -100.0%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 276 million in 2024Q3 from 262 million in 2024Q2 representing a change of 5.69%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2024Q3 from 46 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 86 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 0 million in 2024Q3 from 324 million in 2024Q2 representing a change of -100.0%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 96 million in 2024Q3 from 87 million in 2024Q2 representing a change of 10.32%. This indicates a higher short-term debt burden.

  Common Stock: Common Stock decreased to 50 in 2024Q3 from 50 in 2024Q2 representing a change of -0.11%. This indicates a decrease in ownership interest.

• 📈 Positive Indicators

  Total Equity: Total Equity increased to 870 million in 2024Q3 from 841 million in 2024Q2 representing a change of 3.42%. This indicates an increase in shareholders' equity.

  Retained Earnings: Retained Earnings increased to 42 million in 2024Q3 from 15 million in 2024Q2 representing a change of 172.07%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 7 million in 2024Q3 from 15 million in 2024Q2 representing a change of -57.13%. This indicates a reduction in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000098677
net change in cash	22655000	-52591000	143.08
operating cash flow	94611000	72051000	31.31
free cash flow	67815000	48695000	39.26
capital expenditure	-26796000	-23356000	-14.73
depreciation and amortization	18243000	17668000	3.25
deferred income tax	-913000	1535000	-159.48
stock based compensation	1225000	-1076000	213.85
accounts payables	-3570000	10329000	-134.56
inventory	-9601000	-28415000	66.21
acquisitions net	0	93308000	-100.00
investments in property plant and equipment	-26796000	-23356000	-14.73
net cash used for investing activites	-14200000	-68589000	79.30
debt repayment	10000	139000	-92.81
common stock issued	0	0	NaN
common stock repurchased	-33113999	-31910000	-3.77
dividends paid	-25076000	-24629000	-1.81
net cash used provided by financing activities	-58180000	-56400000	-3.16
cash at end of period	76290000	53635000	42.24
accounts receivables	317000	-3073000	110.32
cash at beginning of period	53635000	106226000	-49.51

Overall Score of Annual Cashflow Statement

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 23 million in 2023 from -53 million in 2022 representing a change of 143.08%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 95 million in 2023 from 72 million in 2022 representing a change of 31.31%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 68 million in 2023 from 49 million in 2022 representing a change of 39.26%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -27 million in 2023 from -23 million in 2022 representing a change of -14.73%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 4 million in 2023 from 10 million in 2022 representing a change of -134.56%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Stock-Based Compensation: Stock-Based Compensation increased to 1 million in 2023 from -1 million in 2022 representing a change of 213.85%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 0 in 2023 from -3 million in 2022 representing a change of 110.32%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -25 million in 2023 from -25 million in 2022 representing a change of -1.81%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000098677
operating cash flow	-12624000	21401000	-158.99
free cash flow	-16551000	16907000	-197.89
capital expenditure	-3927000	-4494000	12.62
depreciation and amortization	4582000	4580000	0.04
deferred income tax	-141000	-345000	59.13
stock based compensation	0	-34000	100.00
accounts receivables	-2743000	14004000	-119.59
accounts payables	4212000	-3414000	223.37
inventory	-22076000	-13262000	-66.46
acquisitions net	0	0	NaN
investments in property plant and equipment	-3927000	-4494000	12.62
net cash used for investing activites	-5916000	-20002000	70.42
debt repayment	4000	-16000	125.00
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-143000	-12491000	98.86
net cash used provided by financing activities	-139000	-12507000	98.89
net change in cash	-19266000	-11037000	-74.56
cash at end of period	45987000	65253000	-29.53
cash at beginning of period	65253000	76290000	-14.47

Overall Score of Quarterly Cashflow Statement

0.22 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -19 million in 2024Q2 from -11 million in 2024Q1 representing a change of -74.56%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to -13 million in 2024Q2 from 21 million in 2024Q1 representing a change of -158.99%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -17 million in 2024Q2 from 17 million in 2024Q1 representing a change of -197.89%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -4 million in 2024Q2 from -4 million in 2024Q1 representing a change of 12.62%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of 59.13%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of 100.0%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables increased to 4 million in 2024Q2 from 3 million in 2024Q1 representing a change of 223.37%. This indicates that the company has increased its outstanding obligations to its suppliers.

• 📈 Positive Indicators

  Accounts Receivables: Accounts Receivables decreased to -3 million in 2024Q2 from 14 million in 2024Q1 representing a change of -119.59%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to 0 million in 2024Q2 from -12 million in 2024Q1 representing a change of 98.86%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	10.7	9.33	14.63
net income per share	1.28	1.04	22.89
operating cash flow per share	1.32	0.99	33.32
free cash flow per share	0.94	0.67	41.39
cash per share	2.38	2.05	16.49
book value per share	11.44	10.72	6.74
tangible book value per share	7.99	7.32	9.17
shareholders equity per share	11.45	10.73	6.75
interest debt per share	0.12	0.12	4.70
market cap	2320916260.11	2930320209.44	-20.80
enterprise value	2260896260.11	2890344209.44	-21.78
pe ratio	25.25	38.59	-34.56
price to sales ratio	3.02	4.3	-29.85
pocfratio	24.53	40.67	-39.68
pfcf ratio	34.22	60.18	-43.13
pb ratio	2.82	3.74	-24.67
ptb ratio	2.82	3.74	-24.67
ev to sales	2.94	4.24	-30.72
enterprise value over ebitda	16.69	25.61	-34.84
ev to operating cash flow	23.9	40.12	-40.43
ev to free cash flow	33.34	59.36	-43.83
earnings yield	0.04	0.03	52.82
free cash flow yield	0.03	0.02	75.83
debt to equity	0.01	0.01	-4.48
debt to assets	0.01	0.01	-5.64
net debt to ebitda	-0.44	-0.35	-25.07
current ratio	3.59	3.43	4.71
interest coverage	302.16	1064.95	-71.63
income quality	1.03	0.95	8.42
dividend yield	0.01	0.01	28.55
payout ratio	0.27	0.32	-15.88
sales general and administrative to revenue	0.12	0.08	45.17
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.23	0.24	-6.05
capex to operating cash flow	0.28	0.32	-12.63
capex to revenue	0.03	0.03	1.62
capex to depreciation	1.47	1.32	11.11
stock based compensation to revenue	0.0	-0.0	200.84
graham number	18.14	15.84	14.53
roic	0.09	0.11	-13.29
return on tangible assets	0.11	0.1	11.54
graham net net	0.09	0.04	124.92
working capital	245763000	218894000	12.27
tangible asset value	574846000	534621000	7.52
net current asset value	79367000	73131000	8.53
invested capital	717002000	679198000	5.57
average receivables	63794000	60848000	4.84
average payables	20531000	20107500	2.11
average inventory	89593500	69885500	28.20
days sales outstanding	30.71	33.67	-8.78
days payables outstanding	11.28	20.29	-44.41
days of inventory on hand	67.68	67.71	-0.05
receivables turnover	11.89	10.84	9.63
payables turnover	32.37	17.99	79.90
inventory turnover	5.39	5.39	0.05
roe	0.11	0.1	15.12
capex per share	0.37	0.32	16.48

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 25.25 on 2023-12-31 from 38.59 on 2022-12-31, representing a change of -34.56%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 3.59 on 2023-12-31 from 3.43 on 2022-12-31, representing a change of 4.71%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.01 on 2023-12-31 from 0.01 on 2022-12-31, representing a change of -4.48%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
TROLB
calendar year	2024	2024	NaN
revenue per share	3.17	2.11	49.97
net income per share	0.46	0.22	110.11
operating cash flow per share	None	-0.18	NaN
free cash flow per share	None	-0.23	NaN
cash per share	0	1.84	-100.00
book value per share	-3.87	11.78	-132.88
tangible book value per share	-3.87	8.3	-146.65
shareholders equity per share	12.19	11.78	3.47
interest debt per share	0.09	0.12	-22.47
market cap	2210607630	2141795830	3.21
enterprise value	2217229630	2111253830	5.02
pe ratio	16.83	34.24	-50.85
price to sales ratio	9.78	14.21	-31.14
pocfratio	0	-169.66	100.00
pfcf ratio	0	-129.41	100.00
pb ratio	2.54	2.55	-0.20
ptb ratio	2.54	2.55	-0.20
ev to sales	9.81	14.01	-29.93
enterprise value over ebitda	62.91	105.47	-40.35
ev to operating cash flow	0	-167.24	100.00
ev to free cash flow	0	-127.56	100.00
earnings yield	0.01	0.01	103.46
free cash flow yield	None	-0.01	NaN
debt to equity	0.01	0.01	-25.07
debt to assets	0	0.01	-100.00
net debt to ebitda	0.19	-1.53	112.31
current ratio	0	3.73	-100.00
interest coverage	0	0	NaN
income quality	0	-0.81	100.00
dividend yield	None	0.0	NaN
payout ratio	None	0.01	NaN
sales general and administrative to revenue	0	0.12	-100.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0.23	-100.00
capex to operating cash flow	0	-0.31	100.00
capex to revenue	None	0.03	NaN
capex to depreciation	0	0.86	-100.00
stock based compensation to revenue	None	0	NaN
graham number	11.23	7.62	47.45
roic	0.03	0.01	113.41
return on tangible assets	0	0.02	-100.00
graham net net	-3.87	-0.36	-969.27
working capital	-95719000	237114000	-140.37
tangible asset value	-276387000	592833000	-146.62
net current asset value	-276387000	62370000	-543.14
invested capital	-95719000	706110000	-113.56
average receivables	26307000	51641500	-49.06
average payables	20290500	18604500	9.06
average inventory	64649500	118786000	-45.57
days sales outstanding	0	31.41	-100.00
days payables outstanding	12.32	18.08	-31.88
days of inventory on hand	0	116.86	-100.00
receivables turnover	0	2.86	-100.00
payables turnover	7.31	4.98	46.81
inventory turnover	0	0.77	-100.00
roe	0.04	0.02	103.06
capex per share	None	0.05	NaN

• Negative

  ROE: Return on Equity (ROE) increased to 0.04 on 2024-09-30 Q3 from 0.02 on 2024-06-30 Q2, representing a change of 103.06%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 16.83 on 2024-09-30 Q3 from 34.24 on 2024-06-30 Q2, representing a change of -50.85%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.00 on 2024-09-30 Q3 from 3.73 on 2024-06-30 Q2, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.01 on 2024-09-30 Q3 from 0.01 on 2024-06-30 Q2, representing a change of -25.07%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 42.6 which is higher than current price 32.5, indicates the company may be undervalued.