Devonian Net Tangible Assets from 2010 to 2026

GSD Stock  CAD 10.00  1.50  13.04%   
Devonian Health Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2026. Net Tangible Assets is the total assets of Devonian Health Group 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
2017-01-31
Previous Quarter
5.1 M
Current Value
3.7 M
Quarterly Volatility
3.3 M
 
Covid
 
Interest Hikes
Check Devonian Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Devonian Health's main balance sheet or income statement drivers, such as Interest Expense of 151.2 K, Selling General Administrative of 8.8 M or Total Revenue of 28.5 M, as well as many indicators such as . Devonian financial statements analysis is a perfect complement when working with Devonian Health Valuation or Volatility modules.
  
This module can also supplement various Devonian Health Technical models . Check out the analysis of Devonian Health Correlation against competitors.
The evolution of Net Tangible Assets for Devonian Health Group provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Devonian Health compares to historical norms and industry peers.

Latest Devonian Health's Net Tangible Assets Growth Pattern

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

Devonian Net Tangible Assets Regression Statistics

Arithmetic Mean2,037,230
Coefficient Of Variation174.98
Mean Deviation3,189,483
Median300,483
Standard Deviation3,564,711
Sample Variance12.7T
Range10.6M
R-Value0.67
Mean Square Error7.5T
R-Squared0.44
Significance0
Slope470,308
Total Sum of Squares203.3T

Devonian Net Tangible Assets History

20267.2 M
20256.9 M
2021M
2020-3.4 M
2019-2.3 M
2018-1.5 M
2017-340.9 K

About Devonian Health Financial Statements

Devonian Health investors use historical fundamental indicators, such as Devonian Health's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Devonian Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets6.9 M7.2 M

Thematic Opportunities

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Additional Tools for Devonian Stock Analysis

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