Returns At Tootsie Roll Industries (NYSE:TR) Are On The Way Up [Yahoo! Finance]
Tootsie Roll Industries, Inc. (TR)
US:NYSE Investor Relations:
tootsie.com/financials
Company Research
Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Speaking of which, we noticed some great changes in Tootsie Roll Industries' NYSE:TR ) returns on capital, so let's have a look. Understanding Return On Capital Employed (ROCE) If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Tootsie Roll Industries: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$112m ÷ (US$1.1b - US$106m) (Based on the trailing twelve months to September 2023) So, Tootsie Roll Industries has an ROCE of 12%. That's a relatively normal return on capi
Show less
Read more
Impact Snapshot
Event Time:
TR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TR alerts
High impacting Tootsie Roll Industries, Inc. news events
Weekly update
A roundup of the hottest topics
TR
News
- Tootsie Roll: Everything Seems To Be Already Priced In [Seeking Alpha]Seeking Alpha
- Tootsie Roll Industries Inc Reports Sweetened Earnings and Sales Growth in 2023 [Yahoo! Finance]Yahoo! Finance
- Here's What Happened to Tootsie Roll Industries (TR), Bireme Capital's Short Position [Yahoo! Finance]Yahoo! Finance
- Is Tootsie Roll Industries, Inc.'s (NYSE:TR) Latest Stock Performance Being Led By Its Strong Fundamentals? [Yahoo! Finance]Yahoo! Finance
TR
Sec Filings
- 4/25/24 - Form 8-K
- 3/25/24 - Form ARS
- 3/25/24 - Form DEF
- TR's page on the SEC website