Singular Net Tangible Assets from 2010 to 2025

OMIC Stock  USD 19.82  0.07  0.35%   
Singular Genomics' Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 314.3 M this year. Net Tangible Assets is the total assets of Singular Genomics Systems 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
2010-12-31
Previous Quarter
299.4 M
Current Value
314.3 M
Quarterly Volatility
154.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Singular Genomics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Singular Genomics' main balance sheet or income statement drivers, such as Net Interest Income of 8.9 M, Interest Income of 10.2 M or Depreciation And Amortization of 8.7 M, as well as many indicators such as Price To Sales Ratio of 12.57, Dividend Yield of 0.0 or PTB Ratio of 0.18. Singular financial statements analysis is a perfect complement when working with Singular Genomics Valuation or Volatility modules.
  
Check out the analysis of Singular Genomics Correlation against competitors.

Latest Singular Genomics' Net Tangible Assets Growth Pattern

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

Singular Net Tangible Assets Regression Statistics

Arithmetic Mean73,232,297
Coefficient Of Variation211.53
Mean Deviation138,045,034
Median(24,725,000)
Standard Deviation154,906,427
Sample Variance23996T
Range387.7M
R-Value0.79
Mean Square Error9823T
R-Squared0.62
Significance0.0003
Slope25,576,793
Total Sum of Squares359940T

Singular Net Tangible Assets History

2025314.3 M
2024299.4 M
2022260.3 M
2021336.2 M
2020-51.6 M

About Singular Genomics Financial Statements

Singular Genomics stakeholders use historical fundamental indicators, such as Singular Genomics' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Singular Genomics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Singular Genomics' assets and liabilities are reflected in the revenues and expenses on Singular Genomics' 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 Singular Genomics Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets299.4 M314.3 M

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When determining whether Singular Genomics Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Singular Genomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Singular Genomics Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Singular Genomics Systems Stock:
Check out the analysis of Singular Genomics Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Health Care Equipment & Supplies 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 Singular Genomics. If investors know Singular 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 Singular Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(34.68)
Revenue Per Share
1.107
Quarterly Revenue Growth
0.459
Return On Assets
(0.24)
Return On Equity
(0.52)
The market value of Singular Genomics Systems is measured differently than its book value, which is the value of Singular that is recorded on the company's balance sheet. Investors also form their own opinion of Singular Genomics' value that differs from its market value or its book value, called intrinsic value, which is Singular Genomics' 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 Singular Genomics' market value can be influenced by many factors that don't directly affect Singular Genomics' 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 Singular Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Singular Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Singular Genomics' 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.