Asbury Net Tangible Assets from 2010 to 2026

ABG Stock  USD 230.74  3.34  1.47%   
Asbury Automotive's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are estimated to finish at about 4.4 B this year. Net Tangible Assets is the total assets of Asbury Automotive Group 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
2011-06-30
Previous Quarter
B
Current Value
-335 M
Quarterly Volatility
694.5 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 86.5 M, Interest Expense of 292.6 M or Selling General Administrative of 2.1 B, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.14 or PTB Ratio of 1.72. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.
  
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Check out the analysis of Asbury Automotive Correlation against competitors.
The Net Tangible Assets trend for Asbury Automotive Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Asbury Automotive is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Asbury Automotive's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Asbury Automotive Group 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. Asbury Automotive's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive'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  

Asbury Net Tangible Assets Regression Statistics

Arithmetic Mean1,334,769,265
Geometric Mean567,307,025
Coefficient Of Variation127.54
Mean Deviation1,494,615,433
Median340,900,000
Standard Deviation1,702,373,454
Sample Variance2898075.4T
Range4.3B
R-Value0.79
Mean Square Error1155971.1T
R-Squared0.63
Significance0.0002
Slope266,741,593
Total Sum of Squares46369206T

Asbury Net Tangible Assets History

20264.4 B
20254.2 B
20223.6 B
2021306.6 M
2020214.8 M
2019375.5 M
2018226.2 M

About Asbury Automotive Financial Statements

Asbury Automotive stakeholders use historical fundamental indicators, such as Asbury Automotive's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Asbury Automotive's assets and liabilities are reflected in the revenues and expenses on Asbury Automotive'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 Asbury Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets4.2 B4.4 B

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive'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 Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out the analysis of Asbury Automotive Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Can Automotive Retail industry sustain growth momentum? Does Asbury have expansion opportunities? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Asbury Automotive demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.53)
Earnings Share
25.12
Revenue Per Share
923.026
Quarterly Revenue Growth
0.038
Return On Assets
0.0585
Asbury Automotive's market price often diverges from its book value, the accounting figure shown on Asbury's balance sheet. Smart investors calculate Asbury Automotive's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Asbury Automotive's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Asbury Automotive's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Asbury Automotive represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.