What is TTM on Yahoo Finance?
Paul RyanWhat is TTM on Yahoo Finance?
TTM, orTrailing Twelve Months, is a financial term used to describe a company's performance over the last twelve months. TTM data is commonly used inFinancial Analysisto represent a company's revenue, earnings, or other financial metrics over a specified period. In Yahoo Finance, TTM is frequently used as a tool to evaluate a company's financial health and growth.
What is TTM used for?
TTM is used to analyze a company's financial performance over the last twelve months. This metric is useful for investors who want to understand how a company has been performing recently. By looking at TTM data, investors can get a sense of whether a company's revenue or earnings are increasing or decreasing. This data can also be used to compare a company's current performance to its past performance or to its competitors.
How is TTM calculated?
TTM is calculated by adding together a company's financial data over the last twelve months. For example, if a company's revenue was $1 million in January of last year, $1.5 million in February, $2 million in March, and so on, the TTM revenue would be $24 million. This calculation is frequently used for revenue and earnings, but can also be used for other financial metrics such as cash flow and operating income.
Why is TTM important for investors?
TTM is important for investors because it provides a snapshot of a company's recent financial performance. By looking at TTM data, investors can see how a company has been performing over the last twelve months and make educated decisions about whether to invest in that company. Additionally, TTM data can be used to compare a company's performance to its competitors, which can provide valuable insights into the industry as a whole.
Conclusion
TTM is a valuable financial metric that is commonly used to evaluate a company's performance over the last twelve months. In Yahoo Finance, TTM data is frequently used to analyze a company's financial health and growth. By understanding how TTM is calculated and why it is important for investors, individuals can make better-informed decisions about theirInvestments.
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