Legal Net Tangible Assets from 2010 to 2026

LGI Stock  EUR 3.10  0.09  2.82%   
Legal General's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 8.8 B. Net Tangible Assets is the total assets of Legal General 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
2016-09-30
Previous Quarter
11.7 B
Current Value
11.7 B
Quarterly Volatility
1.5 B
 
Covid
 
Interest Hikes
Check Legal General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legal General's main balance sheet or income statement drivers, such as Interest Expense of 449.2 M, Selling General Administrative of 1.1 B or Total Revenue of 19.2 B, as well as many indicators such as . Legal financial statements analysis is a perfect complement when working with Legal General Valuation or Volatility modules.
  
This module can also supplement various Legal General Technical models . Check out the analysis of Legal General Correlation against competitors.
The Net Tangible Assets trend for Legal General Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Legal General is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Legal General's Net Tangible Assets Growth Pattern

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

Legal Net Tangible Assets Regression Statistics

Arithmetic Mean8,351,562,353
Geometric Mean7,949,856,872
Coefficient Of Variation32.27
Mean Deviation2,274,595,433
Median8,300,000,000
Standard Deviation2,695,195,475
Sample Variance7264078.6T
Range8B
R-Value0.91
Mean Square Error1370514.6T
R-Squared0.82
Slope484,230,588
Total Sum of Squares116225258.4T

Legal Net Tangible Assets History

20268.8 B
202513.4 B
202211.7 B
202110.5 B
20209.6 B
20198.8 B
20188.3 B

About Legal General Financial Statements

Legal General stakeholders use historical fundamental indicators, such as Legal General's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Legal General investors may analyze each financial statement separately, they are all interrelated. For example, changes in Legal General's assets and liabilities are reflected in the revenues and expenses on Legal General'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 Legal General Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets13.4 B8.8 B

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Other Information on Investing in Legal Stock

Legal General financial ratios help investors to determine whether Legal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Legal with respect to the benefits of owning Legal General security.