Worthington Intangible Assets from 2010 to 2024

WS Stock   45.03  0.11  0.24%   
Worthington Steel Intangible Assets yearly trend continues to be comparatively stable with very little volatility. Intangible Assets will likely drop to about 73.6 M in 2024. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2010-12-31
Previous Quarter
77 M
Current Value
73.6 M
Quarterly Volatility
29.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worthington Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worthington Steel's main balance sheet or income statement drivers, such as Tax Provision of 35.3 M, Depreciation And Amortization of 65.8 M or Selling General Administrative of 206.1 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0039 or PTB Ratio of 1.62. Worthington financial statements analysis is a perfect complement when working with Worthington Steel Valuation or Volatility modules.
  
Check out the analysis of Worthington Steel Correlation against competitors.
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Latest Worthington Steel's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Worthington Steel over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Worthington Steel's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worthington Steel's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Worthington Intangible Assets Regression Statistics

Arithmetic Mean34,336,820
Geometric Mean26,194,237
Coefficient Of Variation85.21
Mean Deviation24,840,669
Median17,400,000
Standard Deviation29,259,630
Sample Variance856.1T
Range72.3M
R-Value0.75
Mean Square Error406.5T
R-Squared0.56
Significance0
Slope4,892,372
Total Sum of Squares11985.8T

Worthington Intangible Assets History

202473.6 M
202377 M
202283.4 M
202189.7 M

About Worthington Steel Financial Statements

Worthington Steel shareholders use historical fundamental indicators, such as Intangible Assets, to determine how well the company is positioned to perform in the future. Although Worthington Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Worthington Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worthington Steel's 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
Intangible Assets77 M73.6 M

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Additional Tools for Worthington Stock Analysis

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