Turnstone Biologics Revenue vs. Net Income
| TSBX Stock | 0.50 0.01 1.96% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 19.3 M | Current Value 18.3 M | Quarterly Volatility 29.2 M |
| 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 Net Income vs. Revenue 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 rated below average in revenue category among its peers. It is rated below average in net income category among its peers . At this time, Turnstone Biologics' Total Revenue is fairly stable compared to the past year. 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 Revenue vs. Competition
Turnstone Biologics Corp is rated below average in revenue category among its peers. Market size based on revenue of Health Care industry is at this time estimated at about 27.56 Billion. Turnstone Biologics adds roughly 19.31 Million in revenue claiming only tiny portion of equities under Health Care industry.
Turnstone Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Turnstone Biologics |
| = | 19.31 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Turnstone Biologics |
| = | (55.2 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Turnstone Net Income Comparison
Turnstone Biologics is currently under evaluation in net income 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.