Fastenal Net Tangible Assets from 2010 to 2026

FAS Stock  EUR 38.08  1.75  4.82%   
Fastenal's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 2.6 B. Net Tangible Assets is the total assets of Fastenal Company 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
2017-03-31
Previous Quarter
3.3 B
Current Value
3.5 B
Quarterly Volatility
438.2 M
 
Covid
 
Interest Hikes
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Interest Expense of 7.8 M, Selling General Administrative of 1.6 B or Total Revenue of 6 B, as well as many indicators such as . Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
This module can also supplement various Fastenal Technical models . Check out the analysis of Fastenal Correlation against competitors.
The Net Tangible Assets trend for Fastenal Company offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Fastenal is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Fastenal's Net Tangible Assets Growth Pattern

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

Fastenal Net Tangible Assets Regression Statistics

Arithmetic Mean2,466,169,494
Geometric Mean2,400,873,503
Coefficient Of Variation24.23
Mean Deviation527,700,170
Median2,302,700,000
Standard Deviation597,519,039
Sample Variance357029T
Range1.8B
R-Value0.88
Mean Square Error85426.7T
R-Squared0.78
Slope104,213,486
Total Sum of Squares5712464T

Fastenal Net Tangible Assets History

20262.6 B
20253.6 B
20223.2 B
2021B
20202.7 B
20192.7 B
20182.3 B

About Fastenal Financial Statements

Fastenal stakeholders use historical fundamental indicators, such as Fastenal's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fastenal's assets and liabilities are reflected in the revenues and expenses on Fastenal's 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 Fastenal Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets3.6 B2.6 B

Currently Active Assets on Macroaxis

When determining whether Fastenal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fastenal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fastenal Company Stock. Highlighted below are key reports to facilitate an investment decision about Fastenal Company Stock:
Check out the analysis of Fastenal Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between Fastenal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fastenal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Fastenal's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.