Fastenal Net Tangible Assets from 2010 to 2024

FAST Stock  USD 82.36  0.54  0.66%   
Fastenal Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 2.3 B in 2024. 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
2009-06-30
Previous Quarter
3.6 B
Current Value
3.5 B
Quarterly Volatility
700 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

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 Mean2,281,017,909
Geometric Mean2,170,364,944
Coefficient Of Variation32.77
Mean Deviation602,502,302
Median2,096,900,000
Standard Deviation747,499,505
Sample Variance558755.5T
Range2.6B
R-Value0.88
Mean Square Error136899.4T
R-Squared0.77
Significance0.000016
Slope146,907,216
Total Sum of Squares7822577.1T

Fastenal Net Tangible Assets History

20242.3 B
20233.8 B
20223.3 B
2021B
20202.9 B
20192.8 B
20182.3 B

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as 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. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal'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 Assets3.8 B2.3 B

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Additional Tools for Fastenal Stock Analysis

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