Microbix Net Tangible Assets from 2010 to 2026

MBX Stock  CAD 0.23  0.01  4.17%   
Microbix Biosystems Net Tangible Assets yearly trend continues to be very stable with very little volatility. Net Tangible Assets are likely to grow to about 28.3 M this year. Net Tangible Assets is the total assets of Microbix Biosystems 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
2016-12-31
Previous Quarter
22 M
Current Value
21.3 M
Quarterly Volatility
6.7 M
 
Covid
 
Interest Hikes
Check Microbix Biosystems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Microbix Biosystems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 560.6 K or Selling General Administrative of 11 M, as well as many indicators such as Price To Sales Ratio of 2.17, Dividend Yield of 1.97 or PTB Ratio of 1.45. Microbix financial statements analysis is a perfect complement when working with Microbix Biosystems Valuation or Volatility modules.
  
This module can also supplement various Microbix Biosystems Technical models . Check out the analysis of Microbix Biosystems Correlation against competitors.
Evaluating Microbix Biosystems's Net Tangible Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Microbix Biosystems's fundamental strength.

Latest Microbix Biosystems' Net Tangible Assets Growth Pattern

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

Microbix Net Tangible Assets Regression Statistics

Arithmetic Mean13,586,342
Geometric Mean10,876,171
Coefficient Of Variation66.80
Mean Deviation8,331,987
Median8,690,679
Standard Deviation9,076,101
Sample Variance82.4T
Range23.4M
R-Value0.88
Mean Square Error20.5T
R-Squared0.77
Slope1,573,514
Total Sum of Squares1318T

Microbix Net Tangible Assets History

202628.3 M
202527 M
202123.4 M
202016.9 M
20194.9 M
20185.6 M
20175.3 M

About Microbix Biosystems Financial Statements

Microbix Biosystems investors utilize fundamental indicators, such as Net Tangible Assets, to predict how Microbix Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets27 M28.3 M

Other Information on Investing in Microbix Stock

Microbix Biosystems financial ratios help investors to determine whether Microbix 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 Microbix with respect to the benefits of owning Microbix Biosystems security.