AdvanSix Net Tangible Assets from 2010 to 2024

ASIX Stock  USD 32.34  0.66  2.08%   
AdvanSix Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 471.2 M in 2024. Net Tangible Assets is the total assets of AdvanSix 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
2016-09-30
Previous Quarter
670.5 M
Current Value
651.3 M
Quarterly Volatility
136.2 M
 
Covid
Check AdvanSix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AdvanSix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.5 M, Interest Expense of 7.9 M or Selling General Administrative of 78 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0193 or PTB Ratio of 1.98. AdvanSix financial statements analysis is a perfect complement when working with AdvanSix Valuation or Volatility modules.
  
Check out the analysis of AdvanSix Correlation against competitors.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.

Latest AdvanSix's Net Tangible Assets Growth Pattern

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

AdvanSix Net Tangible Assets Regression Statistics

Arithmetic Mean359,954,227
Geometric Mean321,109,801
Coefficient Of Variation50.24
Mean Deviation148,957,412
Median361,320,000
Standard Deviation180,835,744
Sample Variance32701.6T
Range527.3M
R-Value0.88
Mean Square Error7652.8T
R-Squared0.78
Significance0.000012
Slope35,773,878
Total Sum of Squares457821.9T

AdvanSix Net Tangible Assets History

2024471.2 M
2023727.7 M
2022632.7 M
2021583.6 M
2020429.1 M
2019385.9 M
2018405.3 M

About AdvanSix Financial Statements

AdvanSix investors use historical fundamental indicators, such as AdvanSix's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AdvanSix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets727.7 M471.2 M

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Additional Tools for AdvanSix Stock Analysis

When running AdvanSix's price analysis, check to measure AdvanSix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AdvanSix is operating at the current time. Most of AdvanSix's value examination focuses on studying past and present price action to predict the probability of AdvanSix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvanSix's price. Additionally, you may evaluate how the addition of AdvanSix to your portfolios can decrease your overall portfolio volatility.