Turning Point Brands - Stock

Turning Point Brands Equity 2024

Turning Point Brands Equity

150.98 M USD

Ticker

TPB

ISIN

US90041L1052

WKN

A2AKAM

In 2024, Turning Point Brands's equity was 150.98 M USD, a 35.28% increase from the 111.6 M USD equity 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.

Equity Details

Analyzing Turning Point Brands's Equity

Turning Point Brands'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 Turning Point Brands's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Turning Point Brands'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

Turning Point Brands'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 Turning Point Brands’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 Turning Point Brands stock

What is the equity of Turning Point Brands this year?

Turning Point Brands has equity of 150.98 M USD this year.

What was the equity of Turning Point Brands compared to the previous year?

The equity of Turning Point Brands has increased/decreased by 35.28% increased compared to the previous year.

What impact does a high equity have on investors of Turning Point Brands?

A high equity is advantageous for investors of Turning Point Brands 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 Turning Point Brands?

A low equity can be a risk for investors of Turning Point Brands, 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 Turning Point Brands affect the company?

An increase in equity of Turning Point Brands 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 Turning Point Brands affect the company?

A reduction in equity of Turning Point Brands 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 Turning Point Brands?

Some factors that can affect the equity of Turning Point Brands include profits, dividend payments, capital increases, and acquisitions.

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

The equity of Turning Point Brands 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 Turning Point Brands take to change the equity?

To change equity, Turning Point Brands 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 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 0.79 %. 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 0.79 %.

When does Turning Point Brands pay dividends?

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

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 0.85 %.

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 7/5/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Turning Point Brands pay the last dividend?

The last dividend was paid out on 7/5/2024.

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.