SemiLEDS Net Tangible Assets from 2010 to 2024

LEDS Stock  USD 1.33  0.02  1.48%   
SemiLEDS Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 2.9 M in 2024. Net Tangible Assets is the total assets of SemiLEDS 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
2011-11-30
Previous Quarter
3.4 M
Current Value
2.9 M
Quarterly Volatility
40.6 M
 
Yuan Drop
 
Covid
Check SemiLEDS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SemiLEDS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 857.6 K, Interest Expense of 346.6 K or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0 or PTB Ratio of 6.97. SemiLEDS financial statements analysis is a perfect complement when working with SemiLEDS Valuation or Volatility modules.
  
Check out the analysis of SemiLEDS Correlation against competitors.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.

Latest SemiLEDS's Net Tangible Assets Growth Pattern

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

SemiLEDS Net Tangible Assets Regression Statistics

Arithmetic Mean26,061,200
Geometric Mean9,711,075
Coefficient Of Variation141.46
Mean Deviation28,708,000
Median4,905,000
Standard Deviation36,866,706
Sample Variance1359.2T
Range103.5M
R-Value(0.82)
Mean Square Error484.2T
R-Squared0.67
Significance0.0002
Slope(6,743,739)
Total Sum of Squares19028.2T

SemiLEDS Net Tangible Assets History

20242.9 M
2023M
20213.4 M
20204.5 M
20192.4 M
20181.6 M
20174.9 M

About SemiLEDS Financial Statements

SemiLEDS shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although SemiLEDS investors may analyze each financial statement separately, they are all interrelated. The changes in SemiLEDS's assets and liabilities, for example, are also reflected in the revenues and expenses on on SemiLEDS'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 AssetsM2.9 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for SemiLEDS Stock Analysis

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