SurModics Net Tangible Assets from 2010 to 2024

SRDX Stock  USD 39.56  0.23  0.58%   
SurModics Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of SurModics 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
30 M
Current Value
40.8 M
Quarterly Volatility
25.1 M
 
Yuan Drop
 
Covid
Check SurModics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SurModics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 M, Interest Expense of 3.7 M or Selling General Administrative of 59.7 M, as well as many indicators such as Price To Sales Ratio of 4.14, Dividend Yield of 0.0 or PTB Ratio of 5.67. SurModics financial statements analysis is a perfect complement when working with SurModics Valuation or Volatility modules.
  
Check out the analysis of SurModics Correlation against competitors.
For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.

Latest SurModics' Net Tangible Assets Growth Pattern

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

SurModics Net Tangible Assets Regression Statistics

Arithmetic Mean69,723,824
Geometric Mean66,029,587
Coefficient Of Variation33.36
Mean Deviation18,623,497
Median63,895,000
Standard Deviation23,261,803
Sample Variance541.1T
Range87.1M
R-Value(0.76)
Mean Square Error249.4T
R-Squared0.57
Significance0
Slope(3,934,074)
Total Sum of Squares7575.6T

SurModics Net Tangible Assets History

202460.7 M
202335.6 M
202139.5 M
202057.4 M
201990.6 M
201763.9 M
201663.7 M

About SurModics Financial Statements

SurModics investors use historical fundamental indicators, such as SurModics' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SurModics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets35.6 M60.7 M

Also Currently Popular

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.

Additional Tools for SurModics Stock Analysis

When running SurModics' price analysis, check to measure SurModics' 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 SurModics is operating at the current time. Most of SurModics' value examination focuses on studying past and present price action to predict the probability of SurModics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SurModics' price. Additionally, you may evaluate how the addition of SurModics to your portfolios can decrease your overall portfolio volatility.