Tandy Leather Factory, Inc. is a specialty retailer of leather and leathercraft-related items. Co.'s product line includes leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. Co. also offers production services to its business customers such as cutting (clicking) and splitting and some assembly. It distributes product under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro and Dr. Jackson's brands, along with its premium TandyPro line of products. It operates a production facility in Fort Worth, Texas. We show 50 historical shares outstanding datapoints in our TLF shares outstanding history coverage, used to compute TLF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TLF market cap history over the course of time is important for investors
interested in comparing TLF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TLF versus a peer is one thing; comparing
TLF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TLF can fluctuate over the course of history.
With this page we aim to empower investors researching TLF by allowing them to research the TLF market cap history. |
Free TLF Email Alerts:
Video: The Importance of Market Cap
