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Turning Point Brands Stock

Turning Point Brands Liabilities 2024

Turning Point Brands Liabilities

418.38 M USD

Ticker

TPB

ISIN

US90041L1052

WKN

A2AKAM

In 2024, Turning Point Brands's total liabilities amounted to 418.38 M USD, a -9.15% difference from the 460.5 M USD total liabilities in the previous year.

Turning Point Brands Aktienanalyse

What does Turning Point Brands do?

Turning Point Brands Inc is a leading tobacco company based in Louisville, Kentucky, USA. The company was founded in 2004 and has been listed on the New York Stock Exchange since 2016. The business model of Turning Point Brands is focused on offering high-quality tobacco products and accessories to a wide range of customers. The company's main focus is in the USA, but it also exports to numerous countries worldwide. One of the most important divisions of Turning Point Brands is the distribution of loose-leaf and pipe tobacco. The company is a leader in this area and offers a variety of brands such as Bugler, Kite, and Zig-Zag. In addition, the company also distributes cigars and cigarillos, including brands such as Hav-A-Tampa and Garcia y Vega. Another important division is the distribution of electronic cigarettes and vapes. The company offers a wide range of products, including its own brand VaporFi. This division is a rapidly growing market as many smokers are looking for alternatives to quit smoking. In addition to tobacco, Turning Point Brands is also active in the spirits industry, producing and distributing whiskey, rum, and other spirits under brands such as Kentucky Peerless and Luxco. The company places great emphasis on the quality of its products and is known for its strict quality controls and high production standards. It also values sustainability and actively works to improve its environmental footprint. In recent years, Turning Point Brands has focused heavily on marketing and distributing its products. The company utilizes a variety of distribution channels such as retail stores, online shops, and direct sales to reach its customers. The company has also made several acquisitions in recent years to expand its product portfolio and increase its market share. In 2019, it acquired Smokeless Solutions, a company that manufactures alternative tobacco products. Overall, Turning Point Brands Inc is a versatile and responsive tobacco company that focuses on a wide range of customers and brands. The company has established itself as a leading provider of high-quality tobacco products and has a promising future in the constantly evolving tobacco industry. Turning Point Brands ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Turning Point Brands's Liabilities

Turning Point Brands's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Turning Point Brands's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Turning Point Brands's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Turning Point Brands's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Turning Point Brands’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Turning Point Brands stock

What is the level of liabilities of Turning Point Brands this year?

Turning Point Brands has a debt balance of 418.38 M USD this year.

What were the liabilities of Turning Point Brands compared to the previous year?

The liabilities of Turning Point Brands have increased by -9.15% dropped compared to the previous year.

What are the consequences of high debt for investors of Turning Point Brands?

High liabilities can pose a risk for investors of Turning Point Brands, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Turning Point Brands?

Low liabilities mean that Turning Point Brands has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Turning Point Brands affect the company?

An increase in liabilities of Turning Point Brands can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Turning Point Brands affect the company?

A decrease in the liabilities of Turning Point Brands can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Turning Point Brands?

Some factors that can influence the liabilities of Turning Point Brands include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Turning Point Brands so important for investors?

The liabilities of Turning Point Brands are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Turning Point Brands take to modify the liabilities?

To change its liabilities, Turning Point Brands can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Turning Point Brands pay?

Over the past 12 months, Turning Point Brands paid a dividend of 0.26 USD . This corresponds to a dividend yield of about 0.62 %. For the coming 12 months, Turning Point Brands is expected to pay a dividend of 0.28 USD.

What is the dividend yield of Turning Point Brands?

The current dividend yield of Turning Point Brands is 0.62 %.

When does Turning Point Brands pay dividends?

Turning Point Brands pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Turning Point Brands?

Turning Point Brands paid dividends every year for the past 10 years.

What is the dividend of Turning Point Brands?

For the upcoming 12 months, dividends amounting to 0.28 USD are expected. This corresponds to a dividend yield of 0.67 %.

In which sector is Turning Point Brands located?

Turning Point Brands is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Turning Point Brands kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Turning Point Brands from 10/4/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Turning Point Brands pay the last dividend?

The last dividend was paid out on 10/4/2024.

What was the dividend of Turning Point Brands in the year 2023?

In the year 2023, Turning Point Brands distributed 0.24 USD as dividends.

In which currency does Turning Point Brands pay out the dividend?

The dividends of Turning Point Brands are distributed in USD.

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Andere Kennzahlen von Turning Point Brands

Our stock analysis for Turning Point Brands 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 Turning Point Brands Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.