Cummins Net Tangible Assets from 2010 to 2026
| CUM Stock | EUR 507.40 7.50 1.50% |
Net Tangible Assets | First Reported 2016-12-31 | Previous Quarter 5.3 B | Current Value 5.8 B | Quarterly Volatility 699.6 M |
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 Interest Expense of 345.4 M, Selling General Administrative of 2.8 B or Total Revenue of 27.3 B, as well as many indicators such as . Cummins financial statements analysis is a perfect complement when working with Cummins Valuation or Volatility modules.
Cummins | Net Tangible Assets |
The Net Tangible 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' Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of Cummins 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. Cummins' Net Tangible 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.
| Net Tangible Assets | 10 Years Trend |
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Net Tangible Assets |
| Timeline |
Cummins Net Tangible Assets Regression Statistics
| Arithmetic Mean | 5,571,505,229 | |
| Geometric Mean | 5,434,739,057 | |
| Coefficient Of Variation | 22.03 | |
| Mean Deviation | 1,048,876,817 | |
| Median | 5,806,000,000 | |
| Standard Deviation | 1,227,372,318 | |
| Sample Variance | 1506442.8T | |
| Range | 3.4B | |
| R-Value | (0.91) | |
| Mean Square Error | 286171.1T | |
| R-Squared | 0.82 | |
| Slope | (220,352,424) | |
| Total Sum of Squares | 24103084.9T |
Cummins Net Tangible Assets History
About Cummins Financial Statements
Cummins stakeholders use historical fundamental indicators, such as Cummins' Net Tangible 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. For example, changes in Cummins' assets and liabilities are reflected in the revenues and expenses on Cummins' 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 Cummins. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Tangible Assets | 3.6 B | 4.5 B |
Currently Active Assets on Macroaxis
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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.