Asante Net Tangible Assets from 2010 to 2026

1A9 Stock  EUR 1.14  0.08  7.55%   
Asante Gold's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are estimated to finish at about 98.8 M this year. Net Tangible Assets is the total assets of Asante Gold minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2017-01-31
Previous Quarter
81.1 M
Current Value
23.6 M
Quarterly Volatility
59.1 M
 
Covid
 
Interest Hikes
Check Asante Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asante Gold's main balance sheet or income statement drivers, such as Interest Expense of 27.3 M, Selling General Administrative of 46.8 M or Total Revenue of 554.1 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0 or PTB Ratio of 26.16. Asante financial statements analysis is a perfect complement when working with Asante Gold Valuation or Volatility modules.
  
This module can also supplement various Asante Gold Technical models . Check out the analysis of Asante Gold Correlation against competitors.
The Net Tangible Assets trend for Asante Gold offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Asante Gold is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Asante Gold's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Asante Gold over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Asante Gold's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asante Gold's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Asante Net Tangible Assets Regression Statistics

Arithmetic Mean31,867,307
Geometric Mean7,289,238
Coefficient Of Variation131.60
Mean Deviation38,678,049
Median2,232,438
Standard Deviation41,937,750
Sample Variance1758.8T
Range97.7M
R-Value0.85
Mean Square Error532.3T
R-Squared0.72
Significance0.000018
Slope7,028,676
Total Sum of Squares28140.4T

Asante Net Tangible Assets History

202698.8 M
202594.1 M
202181.8 M
20203.5 M
20192.2 M
20182.2 M
20172.5 M

About Asante Gold Financial Statements

Asante Gold stakeholders use historical fundamental indicators, such as Asante Gold's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Asante Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Asante Gold's assets and liabilities are reflected in the revenues and expenses on Asante Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Asante Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets94.1 M98.8 M

Currently Active Assets on Macroaxis

Other Information on Investing in Asante Stock

Asante Gold financial ratios help investors to determine whether Asante Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Asante with respect to the benefits of owning Asante Gold security.