Optex Net Tangible Assets from 2010 to 2024

OPXS Stock  USD 8.90  0.07  0.78%   
Optex Systems Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 10.7 M in 2024. Net Tangible Assets is the total assets of Optex Systems Holdings, 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
12.2 M
Current Value
13.3 M
Quarterly Volatility
3.6 M
 
Covid
Check Optex Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optex Systems' main balance sheet or income statement drivers, such as Gross Profit of 8 M, Other Operating Expenses of 19.6 M or Operating Income of 3.4 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.035 or Days Sales Outstanding of 39.44. Optex financial statements analysis is a perfect complement when working with Optex Systems Valuation or Volatility modules.
  
Check out the analysis of Optex Systems Correlation against competitors.

Latest Optex Systems' Net Tangible Assets Growth Pattern

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

Optex Net Tangible Assets Regression Statistics

Arithmetic Mean9,533,704
Geometric Mean8,887,844
Coefficient Of Variation38.49
Mean Deviation3,331,951
Median8,158,000
Standard Deviation3,669,991
Sample Variance13.5T
Range9.8M
R-Value0.81
Mean Square Error5.1T
R-Squared0.65
Significance0.0003
Slope661,177
Total Sum of Squares188.6T

Optex Net Tangible Assets History

202410.7 M
202314.3 M
202112.4 M
202015.7 M
201914 M
201812.2 M
20176.3 M

About Optex Systems Financial Statements

Optex Systems shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Optex Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Optex Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Optex Systems' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets14.3 M10.7 M

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Additional Tools for Optex Stock Analysis

When running Optex Systems' price analysis, check to measure Optex Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Optex Systems is operating at the current time. Most of Optex Systems' value examination focuses on studying past and present price action to predict the probability of Optex Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optex Systems' price. Additionally, you may evaluate how the addition of Optex Systems to your portfolios can decrease your overall portfolio volatility.