What is the equity of Tennant this year?
Tennant has equity of 577 M USD this year.
Tennant Equity 2024
Tennant Equity
577 M USD
Ticker
TNC
ISIN
US8803451033
WKN
858055
In 2024, Tennant's equity was 577 M USD, a 22.56% increase from the 470.8 M USD equity in the previous year.
Tennant Aktienanalyse
What does Tennant do?
Tennant Co. is a global leading manufacturer of cleaning equipment and technologies. The company was founded in 1870 by George H. Tennant and is headquartered in Minnesota, USA. History: Tennant Co. began as George H. Tennant purchased a mill in Minneapolis and later expanded it into a vacuum cleaner factory. In 1910, the company became known as Tennant Co. and started manufacturing floor cleaning equipment. Over the years, the company steadily expanded its product portfolio and developed innovative technologies such as the automatic scrubbing machine. Business Model: Tennant Co. is a globally operating company with a wide product portfolio and a focus on sustainability and environmental friendliness. The company offers solutions for cleaning various types of flooring and surfaces such as concrete, wood, tiles, textiles, and carpets. Tennant Co. provides products and services for both commercial and residential use. Divisions: The company has four main divisions: floor cleaning, surface cleaning, water treatment, and partnerships. The floor cleaning division offers a variety of equipment and technologies for floor cleaning, including sweepers, scrubbers, burnishers, and electric cleaning vehicles. In surface cleaning, Tennant Co. provides solutions for cleaning different surfaces such as airplanes, trains, ship decks, and roads. This includes high-pressure cleaners, sandblasting equipment, ultra-high-pressure cleaners, and sweepers. The water treatment division offers solutions for water treatment, such as removing dirt and chemical contaminants. This includes water filtration systems, adsorption systems, ozone filtration, and ultrafiltration systems. The partnership division aims to form partnerships with other companies to develop innovative solutions and explore new business opportunities. Products: Tennant Co. offers a wide range of products. In the floor cleaning segment, the company provides floor cleaning machines (sweepers, scrubbers, and burnishers), cleaning tools and accessories such as brushes and filters. In the surface cleaning segment, Tennant Co. offers high-pressure cleaners, sandblasting equipment, and sweepers. The company also offers more environmentally friendly solutions such as electric sweepers and battery-operated devices. In the water treatment segment, the company offers a wide range of systems for removing contaminants, such as adsorption and ultrafiltration systems. Conclusion: Tennant Co. is a company with a long history and a wide range of cleaning solutions and technologies. The company strives to offer environmentally friendly solutions and form partnerships with other companies to develop innovative solutions. Tennant's commitment to sustainability, innovation, and quality makes it one of the leading providers of cleaning equipment and technologies. Tennant ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Tennant's Equity
Tennant's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Tennant's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Tennant's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Tennant's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Tennant’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Tennant stock
What was the equity of Tennant compared to the previous year?
The equity of Tennant has increased/decreased by 22.56% increased compared to the previous year.
What impact does a high equity have on investors of Tennant?
A high equity is advantageous for investors of Tennant as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Tennant?
A low equity can be a risk for investors of Tennant, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Tennant affect the company?
An increase in equity of Tennant can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Tennant affect the company?
A reduction in equity of Tennant can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Tennant?
Some factors that can affect the equity of Tennant include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Tennant so important for investors?
The equity of Tennant is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Tennant take to change the equity?
To change equity, Tennant can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Tennant pay?
Over the past 12 months, Tennant paid a dividend of 1.08 USD . This corresponds to a dividend yield of about 1.08 %. For the coming 12 months, Tennant is expected to pay a dividend of 1.18 USD.
What is the dividend yield of Tennant?
The current dividend yield of Tennant is 1.08 %.
When does Tennant pay dividends?
Tennant pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Tennant?
Tennant paid dividends every year for the past 79 years.
What is the dividend of Tennant?
For the upcoming 12 months, dividends amounting to 1.18 USD are expected. This corresponds to a dividend yield of 1.19 %.
In which sector is Tennant located?
Tennant is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Tennant kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tennant from 6/14/2024 amounting to 0.28 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.
When did Tennant pay the last dividend?
The last dividend was paid out on 6/14/2024.
What was the dividend of Tennant in the year 2023?
In the year 2023, Tennant distributed 1.015 USD as dividends.
In which currency does Tennant pay out the dividend?
The dividends of Tennant are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The Tennant stock can be added to a savings plan with the following providers: Trade Republic
Andere Kennzahlen von Tennant
Our stock analysis for Tennant Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tennant Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
