Tennant Total Stockholder Equity vs Net Invested Capital Analysis

TNC Stock

USD 89.69 1.80 2.05%

Tennant financial indicator trend analysis is much more than just breaking down Tennant Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tennant Company is a good investment. Please check the relationship between Tennant Total Stockholder Equity and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tennant Company Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Tennant's Total Stockholder Equity and Net Invested Capital is 0.88. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Tennant Company, assuming nothing else is changed. The correlation between historical values of Tennant's Total Stockholder Equity and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Tennant Company are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Tennant's Total Stockholder Equity and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Tennant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tennant Company 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 Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At present, Tennant's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.26, whereas Selling General Administrative is forecasted to decline to about 241.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	438M	420.9M	527.8M	265.5M
Total Revenue	1.1B	1.1B	1.2B	627.5M

Gross Profit Total Revenue

Tennant fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Good Will	Current Deferred Revenue
Total Assets		0.92	0.91	0.99	0.86	0.98	0.83	0.83	0.76	0.98	0.69	0.76	0.96	-0.61	0.9	0.95	0.83	0.63	0.96	0.79	0.96	0.9	0.86	0.74	0.96	-0.14
Short Long Term Debt Total	0.92		0.83	0.89	0.61	0.88	0.98	0.57	0.54	0.97	0.44	0.54	0.81	-0.43	0.99	0.82	0.75	0.54	0.99	0.6	0.8	0.99	0.86	0.93	0.97	-0.22
Other Current Liab	0.91	0.83		0.93	0.79	0.89	0.73	0.76	0.74	0.89	0.68	0.74	0.89	-0.62	0.81	0.84	0.7	0.63	0.87	0.61	0.89	0.82	0.75	0.68	0.86	-0.35
Total Current Liabilities	0.99	0.89	0.93		0.87	0.97	0.79	0.85	0.79	0.96	0.69	0.79	0.96	-0.63	0.87	0.95	0.81	0.6	0.94	0.74	0.97	0.87	0.86	0.7	0.93	-0.11
Total Stockholder Equity	0.86	0.61	0.79	0.87		0.89	0.47	0.99	0.82	0.78	0.89	0.82	0.91	-0.67	0.56	0.91	0.76	0.65	0.68	0.9	0.94	0.59	0.66	0.31	0.75	-0.05
Property Plant And Equipment Net	0.98	0.88	0.89	0.97	0.89		0.78	0.86	0.77	0.96	0.74	0.77	0.93	-0.59	0.85	0.94	0.89	0.65	0.92	0.84	0.94	0.87	0.83	0.66	0.95	-0.11
Net Debt	0.83	0.98	0.73	0.79	0.47	0.78		0.43	0.34	0.9	0.32	0.34	0.71	-0.34	0.97	0.73	0.65	0.45	0.94	0.5	0.67	0.96	0.8	0.94	0.91	-0.21
Retained Earnings	0.83	0.57	0.76	0.85	0.99	0.86	0.43		0.78	0.74	0.87	0.78	0.91	-0.71	0.52	0.9	0.7	0.55	0.65	0.87	0.93	0.54	0.62	0.26	0.7	0.01
Cash	0.76	0.54	0.74	0.79	0.82	0.77	0.34	0.78		0.68	0.67	1.0	0.74	-0.55	0.54	0.69	0.71	0.61	0.63	0.68	0.83	0.53	0.63	0.35	0.66	-0.14
Non Current Assets Total	0.98	0.97	0.89	0.96	0.78	0.96	0.9	0.74	0.68		0.63	0.68	0.9	-0.54	0.95	0.89	0.82	0.62	0.98	0.74	0.89	0.96	0.86	0.83	0.99	-0.17
Non Currrent Assets Other	0.69	0.44	0.68	0.69	0.89	0.74	0.32	0.87	0.67	0.63		0.67	0.72	-0.61	0.38	0.71	0.56	0.6	0.49	0.81	0.73	0.48	0.38	0.18	0.62	-0.06
Cash And Short Term Investments	0.76	0.54	0.74	0.79	0.82	0.77	0.34	0.78	1.0	0.68	0.67		0.74	-0.55	0.54	0.69	0.71	0.61	0.63	0.68	0.83	0.53	0.63	0.35	0.66	-0.14
Net Receivables	0.96	0.81	0.89	0.96	0.91	0.93	0.71	0.91	0.74	0.9	0.72	0.74		-0.73	0.78	0.96	0.73	0.55	0.87	0.79	0.98	0.78	0.79	0.58	0.85	-0.08
Common Stock Shares Outstanding	-0.61	-0.43	-0.62	-0.63	-0.67	-0.59	-0.34	-0.71	-0.55	-0.54	-0.61	-0.55	-0.73		-0.43	-0.59	-0.29	-0.13	-0.51	-0.49	-0.67	-0.44	-0.23	-0.26	-0.45	-0.06
Non Current Liabilities Total	0.9	0.99	0.81	0.87	0.56	0.85	0.97	0.52	0.54	0.95	0.38	0.54	0.78	-0.43		0.78	0.72	0.5	0.99	0.55	0.77	0.98	0.85	0.95	0.95	-0.21
Inventory	0.95	0.82	0.84	0.95	0.91	0.94	0.73	0.9	0.69	0.89	0.71	0.69	0.96	-0.59	0.78		0.82	0.62	0.86	0.84	0.97	0.77	0.84	0.56	0.88	-0.09
Other Current Assets	0.83	0.75	0.7	0.81	0.76	0.89	0.65	0.7	0.71	0.82	0.56	0.71	0.73	-0.29	0.72	0.82		0.7	0.77	0.82	0.8	0.72	0.78	0.52	0.84	-0.14
Other Stockholder Equity	0.63	0.54	0.63	0.6	0.65	0.65	0.45	0.55	0.61	0.62	0.6	0.61	0.55	-0.13	0.5	0.62	0.7		0.55	0.68	0.62	0.53	0.55	0.36	0.66	-0.52
Total Liab	0.96	0.99	0.87	0.94	0.68	0.92	0.94	0.65	0.63	0.98	0.49	0.63	0.87	-0.51	0.99	0.86	0.77	0.55		0.63	0.86	0.97	0.88	0.9	0.97	-0.18
Property Plant And Equipment Gross	0.79	0.6	0.61	0.74	0.9	0.84	0.5	0.87	0.68	0.74	0.81	0.68	0.79	-0.49	0.55	0.84	0.82	0.68	0.63		0.82	0.59	0.6	0.31	0.74	-0.07
Total Current Assets	0.96	0.8	0.89	0.97	0.94	0.94	0.67	0.93	0.83	0.89	0.73	0.83	0.98	-0.67	0.77	0.97	0.8	0.62	0.86	0.82		0.76	0.82	0.55	0.86	-0.09
Short Term Debt	0.9	0.99	0.82	0.87	0.59	0.87	0.96	0.54	0.53	0.96	0.48	0.53	0.78	-0.44	0.98	0.77	0.72	0.53	0.97	0.59	0.76		0.8	0.93	0.96	-0.2
Accounts Payable	0.86	0.86	0.75	0.86	0.66	0.83	0.8	0.62	0.63	0.86	0.38	0.63	0.79	-0.23	0.85	0.84	0.78	0.55	0.88	0.6	0.82	0.8		0.74	0.86	-0.21
Intangible Assets	0.74	0.93	0.68	0.7	0.31	0.66	0.94	0.26	0.35	0.83	0.18	0.35	0.58	-0.26	0.95	0.56	0.52	0.36	0.9	0.31	0.55	0.93	0.74		0.83	-0.25
Good Will	0.96	0.97	0.86	0.93	0.75	0.95	0.91	0.7	0.66	0.99	0.62	0.66	0.85	-0.45	0.95	0.88	0.84	0.66	0.97	0.74	0.86	0.96	0.86	0.83		-0.2
Current Deferred Revenue	-0.14	-0.22	-0.35	-0.11	-0.05	-0.11	-0.21	0.01	-0.14	-0.17	-0.06	-0.14	-0.08	-0.06	-0.21	-0.09	-0.14	-0.52	-0.18	-0.07	-0.09	-0.2	-0.21	-0.25	-0.2

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Tennant Account Relationship Matchups

Tennant fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B
Short Long Term Debt Total	369.1M	337.2M	293M	317.4M	242.4M	254.5M
Other Current Liab	142.7M	102.4M	130.9M	97.6M	122.3M	128.4M
Total Current Liabilities	274.9M	254.3M	290.3M	261.6M	273.7M	287.4M
Total Stockholder Equity	359.9M	404.8M	433.8M	470.8M	577M	605.9M
Property Plant And Equipment Net	219.9M	230M	214.1M	211.7M	229.4M	240.9M
Net Debt	294.5M	196.2M	169.4M	240M	125.3M	131.6M
Retained Earnings	346M	363.3M	410.6M	458M	547.4M	574.8M
Cash	74.6M	141M	123.6M	77.4M	117.1M	123.0M
Non Current Assets Total	581.9M	589M	534.9M	509.8M	544.3M	571.5M
Non Currrent Assets Other	29.2M	25M	29.7M	19.1M	70.2M	73.7M
Cash And Short Term Investments	74.6M	141M	123.6M	77.4M	117.1M	123.0M
Net Receivables	223.3M	199.9M	211.4M	251.5M	247.6M	260.0M
Common Stock Shares Outstanding	18.5M	18.6M	18.8M	18.7M	18.8M	16.2M
Liabilities And Stockholders Equity	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B
Non Current Liabilities Total	426.7M	422.2M	336.3M	351.4M	261.4M	274.5M
Inventory	150.1M	127.7M	160.6M	206.6M	175.9M	184.7M
Other Current Assets	33M	47.7M	31.2M	39.8M	28.5M	29.9M
Other Stockholder Equity	45.5M	54.7M	54.1M	56M	64.9M	68.1M
Total Liab	701.6M	676.5M	626.6M	613M	535.1M	561.9M
Property Plant And Equipment Gross	219.9M	437M	172.8M	491M	533.4M	560.1M
Total Current Assets	481M	493.6M	526.8M	575.3M	569.1M	597.6M
Accumulated Other Comprehensive Income	(38.5M)	(20.1M)	(37.9M)	(50.2M)	(42.3M)	(44.4M)
Short Term Debt	31.3M	27.2M	20.6M	20.2M	20.8M	21.8M
Accounts Payable	94.1M	106.3M	121.5M	126.1M	111.4M	61.5M
Intangible Assets	137.7M	126.2M	98M	76.4M	63.1M	45.1M
Good Will	195.1M	207.8M	193.1M	182M	187.4M	196.8M
Current Deferred Revenue	6.8M	5.9M	7.7M	6.6M	7.9M	12.3M
Common Stock Total Equity	6.8M	6.9M	6M	7M	8.1M	6.4M
Common Stock	6.7M	6.8M	6.9M	7M	8.1M	6.5M
Other Liab	88.9M	95.9M	47.5M	39.2M	45.1M	48.3M
Other Assets	29.2M	25M	29.7M	39.7M	45.7M	47.9M
Long Term Debt	307.5M	297.6M	263.4M	295M	193.7M	109.6M
Property Plant Equipment	173.3M	185.5M	214.1M	211.7M	243.5M	122.5M
Net Tangible Assets	27.1M	404.8M	142.7M	212.4M	191.2M	137.2M
Retained Earnings Total Equity	346M	363.3M	410.6M	458M	526.7M	327.0M
Long Term Debt Total	307.5M	297.6M	263.4M	295.1M	339.4M	197.6M
Capital Surpluse	45.5M	54.7M	54.1M	56M	64.4M	36.4M
Non Current Liabilities Other	77.5M	85.5M	72.9M	14.5M	21.5M	20.4M

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When determining whether Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant'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 Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock:

How To Invest In Tennant

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Is Tennant Stock a good investment?

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What is Tennant's Net Worth?

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Largest Industrial Machinery & Supplies & Components Companies

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Largest Specialty Industrial Machinery Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Is Industrial Machinery & Supplies & Components 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 Tennant. If investors know Tennant 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 Tennant 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

(0.1)

Dividend Share

1.12

Earnings Share

5.67

Revenue Per Share

67.733

Quarterly Revenue Growth

0.036

The market value of Tennant Company is measured differently than its book value, which is the value of Tennant that is recorded on the company's balance sheet. Investors also form their own opinion of Tennant's value that differs from its market value or its book value, called intrinsic value, which is Tennant'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 Tennant's market value can be influenced by many factors that don't directly affect Tennant'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 Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tennant'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.

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Tennant Total Stockholder Equity vs Net Invested Capital Analysis

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Invested Capital

Tennant fundamental ratios Correlations

Tennant Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tennant fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.73	Net Receivables
Common Stock Shares Outstanding	- 0.71	Retained Earnings
Total Current Assets	- 0.67	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.67	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.63	Total Current Liabilities
Common Stock Shares Outstanding	- 0.62	Other Current Liab