STERIS Net Tangible Assets from 2010 to 2026

STE Stock  USD 252.16  8.35  3.42%   
STERIS Plc's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 2.7 B this year. Net Tangible Assets is the total assets of STERIS plc 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
2014-03-31
Previous Quarter
-583.4 M
Current Value
-919.9 M
Quarterly Volatility
B
 
Yuan Drop
 
Covid
 
Interest Hikes
Check STERIS Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among STERIS Plc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 575 M, Total Revenue of 6.6 B or Gross Profit of 2.9 B, as well as many indicators such as Price To Sales Ratio of 1.99, Dividend Yield of 0.0163 or PTB Ratio of 4.09. STERIS financial statements analysis is a perfect complement when working with STERIS Plc Valuation or Volatility modules.
  
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Check out the analysis of STERIS Plc Correlation against competitors.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.
Analyzing STERIS Plc's Net Tangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Tangible Assets has evolved provides context for assessing STERIS Plc's current valuation and future prospects.

Latest STERIS Plc's Net Tangible Assets Growth Pattern

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

STERIS Net Tangible Assets Regression Statistics

Arithmetic Mean773,032,558
Coefficient Of Variation147.29
Mean Deviation940,284,487
Median290,990,000
Standard Deviation1,138,587,529
Sample Variance1296381.6T
Range3.9B
R-Value0.69
Mean Square Error733094.1T
R-Squared0.47
Significance0
Slope154,552,586
Total Sum of Squares20742105T

STERIS Net Tangible Assets History

20262.7 B
20252.5 B
20222.2 B
2021-1.2 B
2020854.9 M
2019472.3 M
2018250.3 M

About STERIS Plc Financial Statements

STERIS Plc stakeholders use historical fundamental indicators, such as STERIS Plc's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although STERIS Plc investors may analyze each financial statement separately, they are all interrelated. For example, changes in STERIS Plc's assets and liabilities are reflected in the revenues and expenses on STERIS Plc's 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 STERIS plc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets2.5 B2.7 B

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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.
When determining whether STERIS plc is a strong investment it is important to analyze STERIS Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact STERIS Plc's future performance. For an informed investment choice regarding STERIS Stock, refer to the following important reports:
Check out the analysis of STERIS Plc Correlation against competitors.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Will Health Care Equipment & Supplies sector continue expanding? Could STERIS diversify its offerings? Factors like these will boost the valuation of STERIS Plc. If investors know STERIS will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every STERIS Plc data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.12
Dividend Share
2.4
Earnings Share
7.16
Revenue Per Share
59.303
Quarterly Revenue Growth
0.092
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS Plc's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS Plc's 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 STERIS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, STERIS Plc's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.