Toro Total Current Assets from 2010 to 2026
| TORO Stock | 3.46 0.02 0.58% |
Total Current Assets | First Reported 2010-12-31 | Previous Quarter 63.6 M | Current Value 79.1 M | Quarterly Volatility 40.7 M |
Check Toro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toro's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 10.2 M or Interest Income of 10.5 M, as well as many indicators such as Price To Sales Ratio of 2.64, Dividend Yield of 0.023 or PTB Ratio of 0.12. Toro financial statements analysis is a perfect complement when working with Toro Valuation or Volatility modules.
Toro | Total Current Assets | Build AI portfolio with Toro Stock |
Evaluating Toro's Total Current Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Toro's fundamental strength.
Latest Toro's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of Toro over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Toro's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Toro's overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
Toro Total Current Assets Regression Statistics
| Arithmetic Mean | 33,497,640 | |
| Geometric Mean | 21,402,400 | |
| Coefficient Of Variation | 121.42 | |
| Mean Deviation | 29,458,429 | |
| Median | 12,631,253 | |
| Standard Deviation | 40,672,269 | |
| Sample Variance | 1654.2T | |
| Range | 152.5M | |
| R-Value | 0.63 | |
| Mean Square Error | 1060.6T | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | 5,087,174 | |
| Total Sum of Squares | 26467.7T |
Toro Total Current Assets History
About Toro Financial Statements
Toro investors utilize fundamental indicators, such as Total Current Assets, to predict how Toro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 63.6 M | 79.1 M |
Pair Trading with Toro
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 Toro 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 Toro will appreciate offsetting losses from the drop in the long position's value.Moving together with Toro Stock
Moving against Toro Stock
The ability to find closely correlated positions to Toro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toro 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 Toro - 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 Toro to buy it.
The correlation of Toro 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 Toro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toro 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 Toro 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.Check out the analysis of Toro Correlation against competitors. To learn how to invest in Toro Stock, please use our How to Invest in Toro guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Will Marine Transportation sector continue expanding? Could Toro diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Toro data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.96) | Earnings Share (0.03) | Revenue Per Share | Quarterly Revenue Growth 0.011 | Return On Assets |
Understanding Toro requires distinguishing between market price and book value, where the latter reflects Toro's accounting equity. The concept of intrinsic value - what Toro's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Toro's price substantially above or below its fundamental 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. In contrast, Toro's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.