Patrick Total Assets from 2010 to 2024

PATK Stock  USD 133.26  2.48  1.90%   
Patrick Industries Total Assets yearly trend continues to be quite stable with very little volatility. Total Assets may rise above about 2.7 B this year. Total Assets 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. View All Fundamentals
 
Total Assets  
First Reported
1985-12-31
Previous Quarter
B
Current Value
3.1 B
Quarterly Volatility
840.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Patrick Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patrick Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 151.8 M, Interest Expense of 72.4 M or Total Revenue of 3.6 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0123 or PTB Ratio of 1.32. Patrick financial statements analysis is a perfect complement when working with Patrick Industries Valuation or Volatility modules.
  
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

Latest Patrick Industries' Total Assets Growth Pattern

Below is the plot of the Total Assets of Patrick Industries over the last few years. Total assets refers to the total amount of Patrick Industries 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 Patrick Industries 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. Patrick Industries' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patrick Industries' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.56 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Patrick Total Assets Regression Statistics

Arithmetic Mean1,174,740,627
Geometric Mean603,740,375
Coefficient Of Variation90.83
Mean Deviation922,492,668
Median866,644,000
Standard Deviation1,066,998,869
Sample Variance1138486.6T
Range2.7B
R-Value0.96
Mean Square Error103359T
R-Squared0.92
Slope228,310,135
Total Sum of Squares15938812.2T

Patrick Total Assets History

20242.7 B
20232.6 B
20222.8 B
20212.7 B
20201.8 B
20191.5 B
20181.2 B

Other Fundumenentals of Patrick Industries

Patrick Industries Total Assets component correlations

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Click cells to compare fundamentals

About Patrick Industries Financial Statements

Patrick Industries investors utilize fundamental indicators, such as Total Assets, to predict how Patrick 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
Total Assets2.6 B2.7 B
Intangibles To Total Assets 0.50  0.53 

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When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Building Products 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 Patrick Industries. If investors know Patrick 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 Patrick 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
(0.01)
Dividend Share
2.2
Earnings Share
6.96
Revenue Per Share
168.682
Quarterly Revenue Growth
0.062
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick 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 Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick 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 Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick 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.