FGI Net Tangible Assets from 2010 to 2024

FGI Stock  USD 0.81  0  0.49%   
FGI Industries' Net Tangible Assets are increasing with slightly volatile movements from year to year. Net Tangible Assets are predicted to flatten to about 4.5 M. Net Tangible Assets is the total assets of FGI Industries 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
2010-12-31
Previous Quarter
8.6 M
Current Value
4.5 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FGI Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FGI Industries' main balance sheet or income statement drivers, such as Tax Provision of 755.8 K, Interest Income of 15 K or Depreciation And Amortization of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.11 or PTB Ratio of 0.61. FGI financial statements analysis is a perfect complement when working with FGI Industries Valuation or Volatility modules.
  
Check out the analysis of FGI Industries Correlation against competitors.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.

Latest FGI Industries' Net Tangible Assets Growth Pattern

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

FGI Net Tangible Assets Regression Statistics

Arithmetic Mean4,242,442
Geometric Mean3,868,299
Coefficient Of Variation47.02
Mean Deviation1,492,510
Median3,406,939
Standard Deviation1,994,765
Sample Variance4T
Range7.2M
R-Value0.56
Mean Square Error2.9T
R-Squared0.31
Significance0.03
Slope250,051
Total Sum of Squares55.7T

FGI Net Tangible Assets History

20244.5 M
20238.6 M
20217.5 M
20201.4 M

About FGI Industries Financial Statements

Investors use fundamental indicators, such as FGI Industries' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although FGI Industries' 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
Net Tangible Assets8.6 M4.5 M

Currently Active Assets on Macroaxis

When determining whether FGI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FGI Industries' 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 Fgi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fgi Industries Stock:
Check out the analysis of FGI Industries Correlation against competitors.
For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FGI Industries. If investors know FGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FGI Industries 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
0.836
Earnings Share
(0.03)
Revenue Per Share
12.66
Quarterly Revenue Growth
0.006
Return On Assets
0.0089
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.