Taitron Net Tangible Assets from 2010 to 2024

TAIT Stock  USD 2.64  0.03  1.15%   
Taitron Components Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 11.6 M in 2024. Net Tangible Assets is the total assets of Taitron Components Incorporated 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
16.4 M
Current Value
16.6 M
Quarterly Volatility
2.2 M
 
Yuan Drop
 
Covid
Check Taitron Components financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taitron Components' main balance sheet or income statement drivers, such as Depreciation And Amortization of 202 K, Interest Expense of 184.2 K or Total Revenue of 10.8 M, as well as many indicators such as Price To Sales Ratio of 3.64, Dividend Yield of 0.0435 or PTB Ratio of 1.26. Taitron financial statements analysis is a perfect complement when working with Taitron Components Valuation or Volatility modules.
  
Check out the analysis of Taitron Components Correlation against competitors.

Latest Taitron Components' Net Tangible Assets Growth Pattern

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

Taitron Net Tangible Assets Regression Statistics

Arithmetic Mean14,476,482
Geometric Mean14,293,913
Coefficient Of Variation16.68
Mean Deviation2,005,881
Median14,385,000
Standard Deviation2,414,045
Sample Variance5.8T
Range6.8M
R-Value(0.77)
Mean Square Error2.6T
R-Squared0.59
Significance0.0008
Slope(415,900)
Total Sum of Squares81.6T

Taitron Net Tangible Assets History

202411.6 M
202312.9 M
202114.4 M
202013.2 M
201912.7 M
201812.6 M
201711.8 M

About Taitron Components Financial Statements

Taitron Components shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Taitron Components investors may analyze each financial statement separately, they are all interrelated. The changes in Taitron Components' assets and liabilities, for example, are also reflected in the revenues and expenses on on Taitron Components' 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 Assets12.9 M11.6 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Taitron Stock Analysis

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