CTS Net Tangible Assets from 2010 to 2024

CTS Stock  USD 53.18  0.43  0.82%   
CTS Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 247.4 M in 2024. Net Tangible Assets is the total assets of CTS 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
2011-06-30
Previous Quarter
248.8 M
Current Value
264.7 M
Quarterly Volatility
63.4 M
 
Yuan Drop
 
Covid
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
  
Check out the analysis of CTS Correlation against competitors.

Latest CTS's Net Tangible Assets Growth Pattern

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

CTS Net Tangible Assets Regression Statistics

Arithmetic Mean230,762,066
Geometric Mean229,151,430
Coefficient Of Variation12.32
Mean Deviation21,496,728
Median232,911,000
Standard Deviation28,437,120
Sample Variance808.7T
Range99.4M
R-Value0.59
Mean Square Error571T
R-Squared0.34
Significance0.02
Slope3,731,259
Total Sum of Squares11321.4T

CTS Net Tangible Assets History

2024247.4 M
2023282.7 M
2022245.8 M
2021283.9 M
2020235.1 M
2019213.9 M
2018246.7 M

About CTS Financial Statements

CTS shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although CTS investors may analyze each financial statement separately, they are all interrelated. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CTS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets282.7 M247.4 M

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Additional Tools for CTS Stock Analysis

When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.