Triton Net Tangible Assets from 2010 to 2026
| TRAE Stock | USD 0.0001 0.00 0.000003% |
Net Tangible Assets | First Reported 2010-12-31 | Previous Quarter 1.1 M | Current Value 1.1 M | Quarterly Volatility 73.5 K |
Check Triton American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Triton American's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 134.6 K, as well as many indicators such as Price To Sales Ratio of 7.47, Dividend Yield of 0.0 or PTB Ratio of 1.95. Triton financial statements analysis is a perfect complement when working with Triton American Valuation or Volatility modules.
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Latest Triton American's Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of Triton American Energy 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. Triton American's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Triton American's overall financial position and show how it may be relating to other accounts over time.
| Net Tangible Assets | 10 Years Trend |
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Net Tangible Assets |
| Timeline |
Triton Net Tangible Assets Regression Statistics
| Arithmetic Mean | 1,021,824 | |
| Geometric Mean | 1,019,575 | |
| Coefficient Of Variation | 7.19 | |
| Mean Deviation | 49,262 | |
| Median | 991,915 | |
| Standard Deviation | 73,515 | |
| Sample Variance | 5.4B | |
| Range | 266K | |
| R-Value | (0.06) | |
| Mean Square Error | 5.7B | |
| R-Squared | 0 | |
| Significance | 0.83 | |
| Slope | (827.65) | |
| Total Sum of Squares | 86.5B |
Triton Net Tangible Assets History
About Triton American Financial Statements
Triton American stakeholders use historical fundamental indicators, such as Triton American's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Triton American investors may analyze each financial statement separately, they are all interrelated. For example, changes in Triton American's assets and liabilities are reflected in the revenues and expenses on Triton American'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 Triton American Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Tangible Assets | 1.1 M | 1.1 M |
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Check out the analysis of Triton American Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Oil & Gas E&P 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 Triton American. If investors know Triton 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 Triton American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Triton American Energy is measured differently than its book value, which is the value of Triton that is recorded on the company's balance sheet. Investors also form their own opinion of Triton American's value that differs from its market value or its book value, called intrinsic value, which is Triton American's 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 Triton American's market value can be influenced by many factors that don't directly affect Triton American'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 Triton American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triton American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triton American's 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.