CGN Net Tangible Assets from 2010 to 2026

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CGN Mining's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 1.8 B. Net Tangible Assets is the total assets of CGN Mining Co 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
2016-09-30
Previous Quarter
3.6 B
Current Value
3.6 B
Quarterly Volatility
567 M
 
Covid
 
Interest Hikes
Check CGN Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CGN Mining's main balance sheet or income statement drivers, such as Discontinued Operations of 114.3 M, Interest Expense of 147.1 M or Selling General Administrative of 57.6 M, as well as many indicators such as . CGN financial statements analysis is a perfect complement when working with CGN Mining Valuation or Volatility modules.
  
This module can also supplement various CGN Mining Technical models . Check out the analysis of CGN Mining Correlation against competitors.
The Net Tangible Assets trend for CGN Mining Co offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether CGN Mining is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest CGN Mining's Net Tangible Assets Growth Pattern

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

CGN Net Tangible Assets Regression Statistics

Arithmetic Mean1,689,310,127
Geometric Mean1,602,324,763
Coefficient Of Variation30.69
Mean Deviation443,315,266
Median1,816,559,000
Standard Deviation518,403,558
Sample Variance268742.2T
Range1.7B
R-Value0.86
Mean Square Error76077.4T
R-Squared0.73
Significance0.000011
Slope87,988,335
Total Sum of Squares4299876T

CGN Net Tangible Assets History

20261.8 B
20252.5 B
20212.2 B
2020B
20191.9 B
20181.9 B
20171.8 B

About CGN Mining Financial Statements

CGN Mining stakeholders use historical fundamental indicators, such as CGN Mining's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although CGN Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in CGN Mining's assets and liabilities are reflected in the revenues and expenses on CGN Mining'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 CGN Mining Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets2.5 B1.8 B

Currently Active Assets on Macroaxis

Other Information on Investing in CGN Stock

CGN Mining financial ratios help investors to determine whether CGN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CGN with respect to the benefits of owning CGN Mining security.