Cummins Intangible Assets from 2010 to 2026

CMI Stock  USD 561.26  19.11  3.29%   
Cummins' Intangible Assets are increasing with slightly volatile movements from year to year. Intangible Assets are estimated to finish at about 2.3 B this year. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
1990-12-31
Previous Quarter
2.3 B
Current Value
2.2 B
Quarterly Volatility
686.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Cummins financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cummins' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 345.4 M or Selling General Administrative of 3.3 B, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0288 or PTB Ratio of 5.99. Cummins financial statements analysis is a perfect complement when working with Cummins Valuation or Volatility modules.
  
Build AI portfolio with Cummins Stock
Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
The Intangible Assets trend for Cummins offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Cummins is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Cummins' Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Cummins over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Cummins' Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cummins' overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Cummins Intangible Assets Regression Statistics

Arithmetic Mean1,103,755,882
Geometric Mean723,483,223
Coefficient Of Variation82.99
Mean Deviation762,420,069
Median909,000,000
Standard Deviation916,023,064
Sample Variance839098.3T
Range2.6B
R-Value0.90
Mean Square Error174949.6T
R-Squared0.80
Slope162,707,843
Total Sum of Squares13425572.1T

Cummins Intangible Assets History

20262.3 B
20252.2 B
20242.4 B
20232.5 B
20222.7 B
2021900 M
2020963 M

About Cummins Financial Statements

Investors use fundamental indicators, such as Cummins' Intangible Assets, to determine how well the company is positioned to perform in the future. Although Cummins' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Intangible Assets2.2 B2.3 B

Currently Active Assets on Macroaxis

When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' 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 Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:
Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is there potential for Construction Machinery & Heavy Transportation Equipment market expansion? Will Cummins introduce new products? Factors like these will boost the valuation of Cummins. Projected growth potential of Cummins fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Cummins 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
0.414
Dividend Share
7.64
Earnings Share
20.49
Revenue Per Share
244.162
Quarterly Revenue Growth
0.011
Cummins's market price often diverges from its book value, the accounting figure shown on Cummins's balance sheet. Smart investors calculate Cummins' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Cummins' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Cummins' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cummins should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Cummins' 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.