NACCO Net Tangible Assets from 2010 to 2024

NC Stock  USD 32.29  0.11  0.34%   
NACCO Industries' Net Tangible Assets are decreasing over the years with very volatile fluctuation. Net Tangible Assets are expected to dwindle to about 278.1 M. Net Tangible Assets is the total assets of NACCO Industries 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
2011-06-30
Previous Quarter
407 M
Current Value
402.7 M
Quarterly Volatility
116.9 M
 
Yuan Drop
 
Covid
Check NACCO Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NACCO Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.4 M, Interest Expense of 2.3 M or Total Revenue of 204.1 M, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0225 or PTB Ratio of 0.75. NACCO financial statements analysis is a perfect complement when working with NACCO Industries Valuation or Volatility modules.
  
Check out the analysis of NACCO Industries Correlation against competitors.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.

Latest NACCO Industries' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of NACCO Industries 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. NACCO Industries' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NACCO Industries' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Very volatile
   Net Tangible Assets   
       Timeline  

NACCO Net Tangible Assets Regression Statistics

Arithmetic Mean285,917,869
Geometric Mean260,711,267
Coefficient Of Variation45.47
Mean Deviation104,668,174
Median251,490,000
Standard Deviation130,007,355
Sample Variance16901.9T
Range380.3M
R-Value(0.02)
Mean Square Error18197.1T
R-Squared0.0003
Significance0.95
Slope(480,723)
Total Sum of Squares236626.8T

NACCO Net Tangible Assets History

2024278.1 M
2023458.7 M
2022398.9 M
2021320.3 M
2020265.3 M
2019251.5 M
2018210.2 M

About NACCO Industries Financial Statements

NACCO Industries stakeholders use historical fundamental indicators, such as NACCO Industries' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although NACCO Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in NACCO Industries' assets and liabilities are reflected in the revenues and expenses on NACCO Industries' 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 NACCO Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets458.7 M278.1 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of NACCO Industries Correlation against competitors.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil, Gas & Consumable Fuels 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 NACCO Industries. If investors know NACCO 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 NACCO Industries 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
1.408
Dividend Share
0.89
Earnings Share
(2.33)
Revenue Per Share
30.255
Quarterly Revenue Growth
0.325
The market value of NACCO Industries is measured differently than its book value, which is the value of NACCO that is recorded on the company's balance sheet. Investors also form their own opinion of NACCO Industries' value that differs from its market value or its book value, called intrinsic value, which is NACCO Industries' 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 NACCO Industries' market value can be influenced by many factors that don't directly affect NACCO Industries' 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 NACCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NACCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NACCO Industries' 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.