APA Net Tangible Assets from 2010 to 2024

APA Stock  USD 22.77  0.33  1.47%   
APA's Net Tangible Assets are decreasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 1.9 B. Net Tangible Assets is the total assets of APA Corporation 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
2009-06-30
Previous Quarter
2.7 B
Current Value
1.1 B
Quarterly Volatility
11.6 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check APA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among APA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Interest Expense of 347.6 M or Selling General Administrative of 231.5 M, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.0293 or PTB Ratio of 4.37. APA financial statements analysis is a perfect complement when working with APA Valuation or Volatility modules.
  
Check out the analysis of APA Correlation against competitors.

Latest APA's Net Tangible Assets Growth Pattern

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

APA Net Tangible Assets Regression Statistics

Arithmetic Mean10,731,360,733
Coefficient Of Variation110.77
Mean Deviation10,210,642,311
Median4,528,000,000
Standard Deviation11,886,980,015
Sample Variance141300293.9T
Range33.1B
R-Value(0.79)
Mean Square Error57375768.9T
R-Squared0.62
Significance0.0005
Slope(2,097,889,346)
Total Sum of Squares1978204114.4T

APA Net Tangible Assets History

20241.9 B
2023B
20222.3 B
202194 M
2020-1 B
20193.8 B
20187.1 B

About APA Financial Statements

APA stakeholders use historical fundamental indicators, such as APA's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although APA investors may analyze each financial statement separately, they are all interrelated. For example, changes in APA's assets and liabilities are reflected in the revenues and expenses on APA'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 APA Corporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible AssetsB1.9 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:
Check out the analysis of APA Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of APA. If investors know APA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about APA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.186
Dividend Share
1
Earnings Share
7.04
Revenue Per Share
26.553
Quarterly Revenue Growth
0.104
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because APA's market value can be influenced by many factors that don't directly affect APA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.