Bytes Net Tangible Assets from 2010 to 2026
| BYIT Stock | 309.60 11.00 3.43% |
Net Tangible Assets | First Reported 2010-12-31 | Previous Quarter -11.5 M | Current Value -12.1 M | Quarterly Volatility 7.4 M |
Check Bytes Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bytes Technology's main balance sheet or income statement drivers, such as Tax Provision of 9.8 M, Net Interest Income of 5 M or Interest Income of 5.4 M, as well as many indicators such as . Bytes financial statements analysis is a perfect complement when working with Bytes Technology Valuation or Volatility modules.
Bytes | Net Tangible Assets |
The evolution of Net Tangible Assets for Bytes Technology provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Bytes Technology compares to historical norms and industry peers.
Latest Bytes Technology's Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of Bytes Technology 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. Bytes Technology's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bytes Technology's overall financial position and show how it may be relating to other accounts over time.
| Net Tangible Assets | 10 Years Trend |
|
Net Tangible Assets |
| Timeline |
Bytes Net Tangible Assets Regression Statistics
| Arithmetic Mean | (13,851,189) | |
| Geometric Mean | 13,120,048 | |
| Coefficient Of Variation | (53.33) | |
| Mean Deviation | 4,982,130 | |
| Median | (15,678,000) | |
| Standard Deviation | 7,387,520 | |
| Sample Variance | 54.6T | |
| Range | 32.3M | |
| R-Value | 0.28 | |
| Mean Square Error | 53.6T | |
| R-Squared | 0.08 | |
| Significance | 0.27 | |
| Slope | 411,041 | |
| Total Sum of Squares | 873.2T |
Bytes Net Tangible Assets History
About Bytes Technology Financial Statements
Bytes Technology shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Bytes Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Bytes Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bytes Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Tangible Assets | -11.5 M | -12.1 M |
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.Additional Tools for Bytes Stock Analysis
When running Bytes Technology's price analysis, check to measure Bytes Technology'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 Bytes Technology is operating at the current time. Most of Bytes Technology's value examination focuses on studying past and present price action to predict the probability of Bytes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bytes Technology's price. Additionally, you may evaluate how the addition of Bytes Technology to your portfolios can decrease your overall portfolio volatility.