3M Total Assets from 2010 to 2024
MMM Stock | USD 127.32 0.52 0.41% |
Total Assets | First Reported 1985-12-31 | Previous Quarter 43.4 B | Current Value 40.9 B | Quarterly Volatility 12.5 B |
Check 3M financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 3M's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 989.1 M or Total Revenue of 23.6 B, as well as many indicators such as Price To Sales Ratio of 1.62, Dividend Yield of 0.0687 or PTB Ratio of 11.06. 3M financial statements analysis is a perfect complement when working with 3M Valuation or Volatility modules.
3M | Total Assets |
Latest 3M's Total Assets Growth Pattern
Below is the plot of the Total Assets of 3M Company over the last few years. Total assets refers to the total amount of 3M assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 3M Company books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. 3M's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 3M's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 50.58 B | 10 Years Trend |
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Total Assets |
Timeline |
3M Total Assets Regression Statistics
Arithmetic Mean | 35,915,805,983 | |
Geometric Mean | 33,220,391,733 | |
Coefficient Of Variation | 30.66 | |
Mean Deviation | 7,891,514,416 | |
Median | 33,876,000,000 | |
Standard Deviation | 11,010,934,328 | |
Sample Variance | 121240674.8T | |
Range | 44B | |
R-Value | 0.64 | |
Mean Square Error | 77476333.4T | |
R-Squared | 0.41 | |
Significance | 0.01 | |
Slope | 1,570,005,815 | |
Total Sum of Squares | 1697369447T |
3M Total Assets History
Other Fundumenentals of 3M Company
3M Total Assets component correlations
Click cells to compare fundamentals
About 3M Financial Statements
3M investors utilize fundamental indicators, such as Total Assets, to predict how 3M 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 Reported | Projected for Next Year | ||
Total Assets | 50.6 B | 25.6 B | |
Intangibles To Total Assets | 0.34 | 0.22 |
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Is Industrial Conglomerates 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 3M. If investors know 3M 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 3M 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 (0.05) | Dividend Share 4.41 | Earnings Share 9.61 | Revenue Per Share 58.972 | Quarterly Revenue Growth 0.004 |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's 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 3M's market value can be influenced by many factors that don't directly affect 3M's 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 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's 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.