Turning Total Current Assets vs Total Current Liabilities Analysis

TPB Stock

USD 110.24 1.84 1.70%

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

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Turning Point Brands Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Turning Point's Total Current Assets and Total Current Liabilities is 0.45. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Turning Point Brands, assuming nothing else is changed. The correlation between historical values of Turning Point's Total Current Assets and Total Current Liabilities 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 Current Assets of Turning Point Brands are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Turning Point's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Current Liabilities

Total Current Liabilities is an item on Turning Point balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Turning Point Brands are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

At present, Turning Point's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.87, whereas Selling General Administrative is forecasted to decline to about 68.8 M.

	2023	2024	2025	2026 (projected)
Gross Profit	182.9M	201.6M	231.8M	135.1M
Total Revenue	325.1M	360.7M	414.8M	277.1M

Gross Profit Total Revenue

Turning Point 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	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	Intangible Assets
Total Assets		0.63	0.2	0.47	0.81	0.88	0.37	0.82	0.29	0.87	0.97	0.04	0.87	0.59	0.69	0.75	0.52	0.55	0.88	0.73	0.35	0.67	0.73	0.96	0.12	0.97
Short Long Term Debt Total	0.63		0.37	0.17	0.26	0.54	0.31	0.43	0.05	0.79	0.57	-0.08	0.79	0.28	0.33	0.07	0.17	0.96	0.42	0.39	-0.24	0.99	0.39	0.59	-0.08	0.57
Other Current Liab	0.2	0.37		0.25	0.1	0.23	-0.46	0.29	0.41	0.24	0.16	0.41	0.24	0.26	0.11	-0.22	0.2	0.31	0.26	0.27	-0.56	0.38	0.24	0.06	-0.14	0.1
Total Current Liabilities	0.47	0.17	0.25		0.46	0.4	-0.15	0.42	0.36	0.45	0.39	-0.12	0.45	0.49	0.26	0.39	0.31	-0.07	0.55	0.16	0.16	0.19	0.41	0.45	0.82	0.47
Total Stockholder Equity	0.81	0.26	0.1	0.46		0.92	0.28	0.93	0.26	0.56	0.85	0.08	0.56	0.76	0.74	0.84	0.54	0.15	0.8	0.87	0.52	0.27	0.87	0.78	0.1	0.82
Property Plant And Equipment Net	0.88	0.54	0.23	0.4	0.92		0.38	0.96	0.26	0.68	0.9	0.07	0.68	0.83	0.7	0.67	0.37	0.45	0.77	0.9	0.3	0.55	0.92	0.83	0.0	0.86
Net Debt	0.37	0.31	-0.46	-0.15	0.28	0.38		0.26	-0.47	0.28	0.4	-0.26	0.28	0.2	0.3	0.35	-0.1	0.38	0.19	0.28	0.51	0.34	0.26	0.52	0.01	0.42
Retained Earnings	0.82	0.43	0.29	0.42	0.93	0.96	0.26		0.29	0.59	0.83	0.17	0.59	0.89	0.59	0.64	0.45	0.33	0.8	0.92	0.21	0.44	0.97	0.77	0.0	0.81
Accounts Payable	0.29	0.05	0.41	0.36	0.26	0.26	-0.47	0.29		0.29	0.23	0.4	0.29	0.26	0.22	0.08	0.22	0.02	0.33	0.27	-0.15	0.12	0.27	0.2	-0.08	0.14
Cash	0.87	0.79	0.24	0.45	0.56	0.68	0.28	0.59	0.29		0.76	-0.09	1.0	0.4	0.51	0.5	0.41	0.7	0.67	0.45	0.18	0.81	0.55	0.88	0.18	0.77
Non Current Assets Total	0.97	0.57	0.16	0.39	0.85	0.9	0.4	0.83	0.23	0.76		0.05	0.76	0.59	0.79	0.78	0.51	0.51	0.84	0.81	0.4	0.6	0.72	0.9	0.03	0.97
Non Currrent Assets Other	0.04	-0.08	0.41	-0.12	0.08	0.07	-0.26	0.17	0.4	-0.09	0.05		-0.09	0.2	0.12	-0.08	0.51	-0.02	0.08	0.33	-0.25	-0.05	0.18	-0.03	-0.37	-0.1
Cash And Short Term Investments	0.87	0.79	0.24	0.45	0.56	0.68	0.28	0.59	0.29	1.0	0.76	-0.09		0.4	0.51	0.5	0.41	0.7	0.67	0.45	0.18	0.81	0.55	0.88	0.18	0.77
Net Receivables	0.59	0.28	0.26	0.49	0.76	0.83	0.2	0.89	0.26	0.4	0.59	0.2	0.4		0.35	0.41	0.21	0.16	0.56	0.74	0.05	0.29	0.95	0.57	0.16	0.58
Good Will	0.69	0.33	0.11	0.26	0.74	0.7	0.3	0.59	0.22	0.51	0.79	0.12	0.51	0.35		0.68	0.49	0.28	0.52	0.72	0.57	0.35	0.49	0.6	-0.04	0.66
Common Stock Total Equity	0.75	0.07	-0.22	0.39	0.84	0.67	0.35	0.64	0.08	0.5	0.78	-0.08	0.5	0.41	0.68		0.57	-0.01	0.75	0.58	0.79	0.09	0.55	0.75	0.24	0.79
Common Stock Shares Outstanding	0.52	0.17	0.2	0.31	0.54	0.37	-0.1	0.45	0.22	0.41	0.51	0.51	0.41	0.21	0.49	0.57		0.09	0.58	0.48	0.29	0.17	0.33	0.45	0.06	0.48
Non Current Liabilities Total	0.55	0.96	0.31	-0.07	0.15	0.45	0.38	0.33	0.02	0.7	0.51	-0.02	0.7	0.16	0.28	-0.01	0.09		0.31	0.36	-0.26	0.96	0.28	0.52	-0.29	0.48
Inventory	0.88	0.42	0.26	0.55	0.8	0.77	0.19	0.8	0.33	0.67	0.84	0.08	0.67	0.56	0.52	0.75	0.58	0.31		0.68	0.29	0.45	0.68	0.84	0.19	0.88
Other Current Assets	0.73	0.39	0.27	0.16	0.87	0.9	0.28	0.92	0.27	0.45	0.81	0.33	0.45	0.74	0.72	0.58	0.48	0.36	0.68		0.23	0.4	0.85	0.64	-0.29	0.72
Other Stockholder Equity	0.35	-0.24	-0.56	0.16	0.52	0.3	0.51	0.21	-0.15	0.18	0.4	-0.25	0.18	0.05	0.57	0.79	0.29	-0.26	0.29	0.23		-0.22	0.15	0.43	0.27	0.39
Total Liab	0.67	0.99	0.38	0.19	0.27	0.55	0.34	0.44	0.12	0.81	0.6	-0.05	0.81	0.29	0.35	0.09	0.17	0.96	0.45	0.4	-0.22		0.39	0.63	-0.07	0.6
Property Plant And Equipment Gross	0.73	0.39	0.24	0.41	0.87	0.92	0.26	0.97	0.27	0.55	0.72	0.18	0.55	0.95	0.49	0.55	0.33	0.28	0.68	0.85	0.15	0.39		0.71	0.04	0.69
Total Current Assets	0.96	0.59	0.06	0.45	0.78	0.83	0.52	0.77	0.2	0.88	0.9	-0.03	0.88	0.57	0.6	0.75	0.45	0.52	0.84	0.64	0.43	0.63	0.71		0.2	0.92
Short Term Debt	0.12	-0.08	-0.14	0.82	0.1	0.0	0.01	0.0	-0.08	0.18	0.03	-0.37	0.18	0.16	-0.04	0.24	0.06	-0.29	0.19	-0.29	0.27	-0.07	0.04	0.2		0.18
Intangible Assets	0.97	0.57	0.1	0.47	0.82	0.86	0.42	0.81	0.14	0.77	0.97	-0.1	0.77	0.58	0.66	0.79	0.48	0.48	0.88	0.72	0.39	0.6	0.69	0.92	0.18

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Turning Point Account Relationship Matchups

Turning Point fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	601.6M	572.1M	569.4M	493.4M	567.4M	386.0M
Short Long Term Debt Total	430.5M	420.5M	378.0M	261.3M	300.5M	348.5M
Other Current Liab	27.9M	28.1M	27.1M	29.7M	34.1M	35.8M
Total Current Liabilities	40.3M	41.4M	100.3M	44.8M	51.5M	48.6M
Total Stockholder Equity	131.4M	111.6M	151.0M	188.0M	216.2M	227.0M
Property Plant And Equipment Net	33.7M	35.3M	36.8M	37.9M	43.6M	45.8M
Net Debt	302.2M	314.0M	260.1M	215.1M	247.4M	251.4M
Retained Earnings	71.5M	78.7M	112.4M	147.2M	169.2M	177.7M
Accounts Payable	7.4M	8.4M	8.4M	11.7M	13.4M	8.3M
Cash	128.3M	106.4M	117.9M	46.2M	53.1M	39.0M
Non Current Assets Total	352.4M	314.5M	301.7M	295.1M	339.4M	262.6M
Non Currrent Assets Other	33.9M	28.8M	31.2M	42.0M	48.3M	36.4M
Cash And Short Term Investments	128.3M	106.4M	117.9M	46.2M	53.1M	39.0M
Net Receivables	6.5M	8.4M	29.2M	24.8M	28.5M	30.0M
Good Will	162.3M	136.3M	136.3M	135.9M	156.3M	151.9M
Common Stock Shares Outstanding	22.4M	18.1M	20.5M	19.4M	22.3M	18.5M
Liabilities And Stockholders Equity	601.6M	572.1M	569.4M	493.4M	567.4M	386.0M
Non Current Liabilities Total	427.5M	417.4M	317.0M	258.2M	296.9M	320.2M
Inventory	87.6M	119.9M	104.7M	96.3M	110.7M	75.7M
Other Current Assets	26.7M	23.0M	15.9M	31.0M	35.6M	37.4M
Other Stockholder Equity	59.9M	35.1M	41.0M	43.5M	50.0M	34.0M
Total Liab	467.8M	458.7M	417.4M	303.0M	348.4M	368.8M
Property Plant And Equipment Gross	33.7M	35.3M	59.0M	59.8M	68.7M	72.2M
Total Current Assets	249.2M	257.7M	267.6M	198.2M	227.9M	123.3M
Accumulated Other Comprehensive Income	(195K)	(2.4M)	(2.6M)	(2.9M)	(3.3M)	(3.5M)
Short Term Debt	3.0M	3.1M	61.0M	3.1M	2.8M	2.7M
Intangible Assets	87.5M	84.5M	86.9M	65.3M	75.0M	42.6M
Other Assets	68.9M	60.5M	47.4M	35.6M	32.1M	30.4M
Net Tangible Assets	(81.2M)	(112.3M)	(118.4M)	(108.2M)	(124.4M)	(130.7M)
Long Term Debt	414.2M	406.8M	307.1M	248.6M	285.9M	309.2M
Deferred Long Term Liab	890K	4.1M	388K	282K	253.8K	241.1K
Property Plant Equipment	33.7M	35.3M	36.5M	37.9M	43.6M	22.3M
Long Term Debt Total	414.2M	406.8M	308.6M	250.8M	288.4M	307.2M
Capital Surpluse	108.8M	113.2M	119.1M	126.7M	145.7M	115.7M

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

How To Invest In Turning

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Is Turning Stock a good investment?

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What is Turning Point's Net Worth?

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Largest Tobacco Companies

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Largest Food, Beverage & Tobacco Companies

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

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Is Tobacco 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 Turning Point. If investors know Turning 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 Turning Point 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

0.687

Dividend Share

0.295

Earnings Share

3.24

Revenue Per Share

24.186

Quarterly Revenue Growth

0.312

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

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Current Liabilities

Turning Point fundamental ratios Correlations

Turning Point Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Turning Point fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.97	Total Assets
Intangible Assets	+ 0.97	Total Assets
Property Plant And Equipment Gross	+ 0.97	Retained Earnings
Intangible Assets	+ 0.97	Non Current Assets Total

Other Stockholder Equity	- 0.56	Other Current Liab
Accounts Payable	- 0.47	Net Debt
Net Debt	- 0.46	Other Current Liab
Short Term Debt	- 0.37	Non Currrent Assets Other
Short Term Debt	- 0.29	Other Current Assets
Short Term Debt	- 0.29	Non Current Liabilities Total