Textron Net Tangible Assets from 2010 to 2026

TXT Stock  EUR 78.34  0.78  1.01%   
Textron's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 3.8 B. Net Tangible Assets is the total assets of Textron 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
2016-12-31
Previous Quarter
4.8 B
Current Value
4.7 B
Quarterly Volatility
588.4 M
 
Covid
 
Interest Hikes
Check Textron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Textron's main balance sheet or income statement drivers, such as Interest Expense of 92.6 M, Selling General Administrative of 986.6 M or Total Revenue of 10.7 B, as well as many indicators such as . Textron financial statements analysis is a perfect complement when working with Textron Valuation or Volatility modules.
  
This module can also supplement various Textron Technical models . Check out the analysis of Textron Correlation against competitors.
For more detail on how to invest in Textron Stock please use our How to Invest in Textron guide.
The Net Tangible Assets trend for Textron offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Textron is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Textron's Net Tangible Assets Growth Pattern

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

Textron Net Tangible Assets Regression Statistics

Arithmetic Mean3,499,713,072
Geometric Mean3,337,353,673
Coefficient Of Variation31.60
Mean Deviation911,191,849
Median3,368,000,000
Standard Deviation1,105,996,421
Sample Variance1223228.1T
Range3.3B
R-Value0.90
Mean Square Error247162T
R-Squared0.81
Slope197,187,446
Total Sum of Squares19571649.3T

Textron Net Tangible Assets History

20263.8 B
20255.6 B
20224.8 B
20214.7 B
20203.7 B
20193.4 B
2018B

About Textron Financial Statements

Textron stakeholders use historical fundamental indicators, such as Textron's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Textron investors may analyze each financial statement separately, they are all interrelated. For example, changes in Textron's assets and liabilities are reflected in the revenues and expenses on Textron'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 Textron. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets5.6 B3.8 B

Currently Active Assets on Macroaxis

When determining whether Textron 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 Textron 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 Textron Stock. Highlighted below are key reports to facilitate an investment decision about Textron Stock:
Check out the analysis of Textron Correlation against competitors.
For more detail on how to invest in Textron Stock please use our How to Invest in Textron guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between Textron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Textron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Textron's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.