Alpha Net Tangible Assets from 2010 to 2026

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Alpha Pro's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 46.2 M. Net Tangible Assets is the total assets of Alpha Pro Tech 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
2016-12-31
Previous Quarter
60.7 M
Current Value
61.1 M
Quarterly Volatility
14.3 M
 
Covid
 
Interest Hikes
Check Alpha Pro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Pro's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 16.6 M or Total Revenue of 61.6 M, as well as many indicators such as . Alpha financial statements analysis is a perfect complement when working with Alpha Pro Valuation or Volatility modules.
  
This module can also supplement various Alpha Pro Technical models . Check out the analysis of Alpha Pro Correlation against competitors.
The Net Tangible Assets trend for Alpha Pro Tech offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Alpha Pro is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Alpha Pro's Net Tangible Assets Growth Pattern

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

Alpha Net Tangible Assets Regression Statistics

Arithmetic Mean44,936,652
Geometric Mean43,118,725
Coefficient Of Variation30.44
Mean Deviation12,322,179
Median36,006,000
Standard Deviation13,677,126
Sample Variance187.1T
Range38.6M
R-Value0.75
Mean Square Error87.2T
R-Squared0.56
Significance0.0005
Slope2,032,609
Total Sum of Squares2993T

Alpha Net Tangible Assets History

202646.2 M
202569.8 M
202260.7 M
202161.7 M
202059.5 M
201933.2 M
201832.1 M

About Alpha Pro Financial Statements

Alpha Pro stakeholders use historical fundamental indicators, such as Alpha Pro's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Alpha Pro investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alpha Pro's assets and liabilities are reflected in the revenues and expenses on Alpha Pro'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 Alpha Pro Tech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets69.8 M46.2 M

Currently Active Assets on Macroaxis

When determining whether Alpha Pro Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alpha Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alpha Pro Tech Stock. Highlighted below are key reports to facilitate an investment decision about Alpha Pro Tech Stock:
Check out the analysis of Alpha Pro Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Understanding that Alpha Pro's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alpha Pro represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Alpha Pro's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.