Pure Net Tangible Assets from 2010 to 2026

6PU Stock  EUR 57.79  1.26  2.13%   
Pure Storage's Net Tangible Assets are decreasing over the last several years with very volatile swings. Net Tangible Assets are predicted to flatten to about 418.3 M. Net Tangible Assets is the total assets of Pure Storage 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
2010-12-31
Previous Quarter
477.5 M
Current Value
418.3 M
Quarterly Volatility
106.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Pure Storage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pure Storage's main balance sheet or income statement drivers, such as Tax Provision of 49.6 M, Interest Expense of 14 M or Selling General Administrative of 995.6 M, as well as many indicators such as . Pure financial statements analysis is a perfect complement when working with Pure Storage Valuation or Volatility modules.
  
This module can also supplement various Pure Storage Technical models . Check out the analysis of Pure Storage Correlation against competitors.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
The Net Tangible Assets trend for Pure Storage offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Pure Storage is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Pure Storage's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Pure Storage 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. Pure Storage's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pure Storage's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Very volatile
   Net Tangible Assets   
       Timeline  

Pure Net Tangible Assets Regression Statistics

Arithmetic Mean496,973,613
Geometric Mean486,614,632
Coefficient Of Variation21.34
Mean Deviation72,964,273
Median471,870,000
Standard Deviation106,077,812
Sample Variance11252.5T
Range419.7M
R-Value(0.01)
Mean Square Error12001.8T
R-Squared0.000075
Significance0.97
Slope(182,346)
Total Sum of Squares180040T

Pure Net Tangible Assets History

2026418.3 M
2025477.5 M
2022530.6 M
2021333 M
2020314.6 M
2019734.3 M
2018706.7 M

About Pure Storage Financial Statements

Pure Storage stakeholders use historical fundamental indicators, such as Pure Storage's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Pure Storage investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pure Storage's assets and liabilities are reflected in the revenues and expenses on Pure Storage'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 Pure Storage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets477.5 M418.3 M

Currently Active Assets on Macroaxis

When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:
Check out the analysis of Pure Storage Correlation against competitors.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Understanding that Pure Storage's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Pure Storage represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Pure Storage's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.