Toro Net Debt vs Net Working Capital Analysis
| TORO Stock | 2.37 0.10 4.05% |
Toro financial indicator trend analysis is much more than just breaking down Toro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Toro is a good investment. Please check the relationship between Toro Net Debt and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Toro Stock, please use our How to Invest in Toro guide.
Net Debt vs Net Working Capital
Net Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toro Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Toro's Net Debt and Net Working Capital is -1.0. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Toro, assuming nothing else is changed. The correlation between historical values of Toro's Net Debt and Net Working 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 Net Debt of Toro are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Toro's Net Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -1.0 |
| Relationship Direction | Negative |
| Relationship Strength | Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Working Capital
Most indicators from Toro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Toro 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 Toro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Toro Stock, please use our How to Invest in Toro guide.At this time, Toro's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 20.4 M, while Selling General Administrative is likely to drop about 3.1 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.5M | 7.7M | 7.4M | 7.2M | Interest Income | 652.0 | 202.6K | 2.9M | 3.1M |
Toro fundamental ratios Correlations
Click cells to compare fundamentals
Toro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
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| 0.5 | ZIM | ZIM Integrated Shipping | PairCorr |
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Toro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Toro Stock, please use our How to Invest in Toro guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Marine Transportation 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 Toro. If investors know Toro 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 Toro 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 (1.00) | Earnings Share 2.88 | Revenue Per Share 2.086 | Quarterly Revenue Growth (0.78) | Return On Assets (0.0006) |
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro'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 Toro's market value can be influenced by many factors that don't directly affect Toro'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 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. However, Toro'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.