Turnstone Biologics Return On Asset vs. Cash Flow From Operations
| TSBX Stock | 0.48 0.02 4.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.03 | 0.855 |
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For Turnstone Biologics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Turnstone Biologics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Turnstone Biologics Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Turnstone Biologics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Turnstone Biologics Corp over time as well as its relative position and ranking within its peers.
Turnstone |
Is Biotechnology 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 Turnstone Biologics. If investors know Turnstone 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 Turnstone Biologics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.23) | Quarterly Revenue Growth (1.00) | Return On Assets (0.66) | Return On Equity (1.34) |
The market value of Turnstone Biologics Corp is measured differently than its book value, which is the value of Turnstone that is recorded on the company's balance sheet. Investors also form their own opinion of Turnstone Biologics' value that differs from its market value or its book value, called intrinsic value, which is Turnstone Biologics' 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 Turnstone Biologics' market value can be influenced by many factors that don't directly affect Turnstone Biologics' 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 Turnstone Biologics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Turnstone Biologics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turnstone Biologics' 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.
Turnstone Biologics Corp Cash Flow From Operations vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Turnstone Biologics's current stock value. Our valuation model uses many indicators to compare Turnstone Biologics value to that of its competitors to determine the firm's financial worth. Turnstone Biologics Corp is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in cash flow from operations category among its peers . 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 Turnstone Biologics' earnings, one of the primary drivers of an investment's value.Turnstone Cash Flow From Operations vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Turnstone Biologics |
| = | -0.66 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Turnstone Biologics |
| = | (66.15 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Turnstone Cash Flow From Operations Comparison
Turnstone Biologics is currently under evaluation in cash flow from operations category among its peers.
Turnstone Biologics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Turnstone Biologics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Turnstone Biologics will eventually generate negative long term returns. The profitability progress is the general direction of Turnstone Biologics' change in net profit over the period of time. It can combine multiple indicators of Turnstone Biologics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -119 K | -125 K | |
| Operating Income | -59 M | -56.1 M | |
| Net Loss | -52.4 M | -49.8 M | |
| Income Before Tax | -55.5 M | -52.7 M | |
| Total Other Income Expense Net | 3.5 M | 1.9 M | |
| Net Loss | -27.9 M | -26.5 M | |
| Net Loss | -55.2 M | -52.4 M | |
| Income Tax Expense | -286 K | -271.7 K | |
| Change To Netincome | 15.9 M | 10.6 M | |
| Net Loss | (4.77) | (4.54) | |
| Income Quality | 1.20 | 1.26 | |
| Net Income Per E B T | 0.99 | 0.80 |
Turnstone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Turnstone Biologics. 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 Turnstone Biologics 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 Turnstone Biologics' important profitability drivers and their relationship over time.
Use Turnstone Biologics 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 Turnstone Biologics 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 Turnstone Biologics will appreciate offsetting losses from the drop in the long position's value.Turnstone Biologics Pair Trading
Turnstone Biologics Corp Pair Trading Analysis
The ability to find closely correlated positions to Turnstone Biologics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turnstone Biologics 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 Turnstone Biologics - 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 Turnstone Biologics Corp to buy it.
The correlation of Turnstone Biologics 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 Turnstone Biologics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turnstone Biologics Corp 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 Turnstone Biologics 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.Use Investing Themes to Complement your Turnstone Biologics position
In addition to having Turnstone Biologics 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?
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Additional Tools for Turnstone Stock Analysis
When running Turnstone Biologics' price analysis, check to measure Turnstone Biologics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turnstone Biologics is operating at the current time. Most of Turnstone Biologics' value examination focuses on studying past and present price action to predict the probability of Turnstone Biologics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turnstone Biologics' price. Additionally, you may evaluate how the addition of Turnstone Biologics to your portfolios can decrease your overall portfolio volatility.