TRACTOR SUPPLY Total Asset vs Price To Sales | TR4.BE

TRACTOR SUPPLY Total Asset vs. Price To Sales

TR4 Stock  EUR 50.00  0.83  1.63%   
Based on the key profitability measurements obtained from TRACTOR SUPPLY's financial statements, TRACTOR SUPPLY may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess TRACTOR SUPPLY's ability to earn profits and add value for shareholders.
For TRACTOR SUPPLY profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TRACTOR SUPPLY to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TRACTOR SUPPLY utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TRACTOR SUPPLY's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TRACTOR SUPPLY over time as well as its relative position and ranking within its peers.
  
Check out World Market Map.
For information on how to trade TRACTOR Stock refer to our How to Trade TRACTOR Stock guide.
Please note, there is a significant difference between TRACTOR SUPPLY's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRACTOR SUPPLY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRACTOR SUPPLY'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.

TRACTOR SUPPLY Price To Sales vs. Total Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining TRACTOR SUPPLY's current stock value. Our valuation model uses many indicators to compare TRACTOR SUPPLY value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15AMZMSFMSFMSFMSFAPCTR4 0246810 0100B200B300B400B500B
TRACTOR SUPPLY is rated below average in total asset category among its peers. It also is rated below average in price to sales category among its peers . The ratio of Total Asset to Price To Sales for TRACTOR SUPPLY is about  4,814,830,148 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TRACTOR SUPPLY's earnings, one of the primary drivers of an investment's value.

TRACTOR Price To Sales vs. Total Asset

Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

TRACTOR SUPPLY

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
8.49 B
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

TRACTOR SUPPLY

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.76 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

TRACTOR Price To Sales Comparison

TRACTOR SUPPLY is currently under evaluation in price to sales category among its peers.

TRACTOR Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on TRACTOR SUPPLY. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TRACTOR SUPPLY position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TRACTOR SUPPLY's important profitability drivers and their relationship over time.

Use TRACTOR SUPPLY in pair-trading

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 TRACTOR SUPPLY 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 TRACTOR SUPPLY will appreciate offsetting losses from the drop in the long position's value.

TRACTOR SUPPLY Pair Trading

TRACTOR SUPPLY Pair Trading Analysis

The ability to find closely correlated positions to TRACTOR SUPPLY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TRACTOR SUPPLY 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 TRACTOR SUPPLY - 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 TRACTOR SUPPLY to buy it.
The correlation of TRACTOR SUPPLY 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 TRACTOR SUPPLY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TRACTOR SUPPLY 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 TRACTOR SUPPLY 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your TRACTOR SUPPLY position

In addition to having TRACTOR SUPPLY in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Investment Grade ETFs Thematic Idea Now

Investment Grade ETFs
Investment Grade ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 263 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investment Grade ETFs Theme or any other thematic opportunities.
View All  Next Launch

Additional Information and Resources on Investing in TRACTOR Stock

When determining whether TRACTOR SUPPLY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TRACTOR SUPPLY'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 Tractor Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tractor Supply Stock:
Check out World Market Map.
For information on how to trade TRACTOR Stock refer to our How to Trade TRACTOR Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
To fully project TRACTOR SUPPLY's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TRACTOR SUPPLY at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include TRACTOR SUPPLY's income statement, its balance sheet, and the statement of cash flows.
Potential TRACTOR SUPPLY investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although TRACTOR SUPPLY investors may work on each financial statement separately, they are all related. The changes in TRACTOR SUPPLY's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TRACTOR SUPPLY's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.