Canadian Net Tangible Assets from 2010 to 2026

YAAA Stock  EUR 111.30  1.60  1.46%   
Canadian TireLimited's Net Tangible Assets are decreasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 2.4 B. Net Tangible Assets is the total assets of Canadian Tire 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
3.3 B
Current Value
2.9 B
Quarterly Volatility
702.9 M
 
Covid
 
Interest Hikes
Check Canadian TireLimited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian TireLimited's main balance sheet or income statement drivers, such as Interest Expense of 66.9 M, Selling General Administrative of 3.4 B or Total Revenue of 15.9 B, as well as many indicators such as . Canadian financial statements analysis is a perfect complement when working with Canadian TireLimited Valuation or Volatility modules.
  
This module can also supplement various Canadian TireLimited Technical models . Check out the analysis of Canadian TireLimited Correlation against competitors.
The Net Tangible Assets trend for Canadian Tire offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Canadian TireLimited is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Canadian TireLimited's Net Tangible Assets Growth Pattern

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

Canadian Net Tangible Assets Regression Statistics

Arithmetic Mean3,197,190,000
Geometric Mean3,108,197,558
Coefficient Of Variation22.72
Mean Deviation593,907,059
Median3,276,900,000
Standard Deviation726,542,654
Sample Variance527864.2T
Range2.2B
R-Value(0.62)
Mean Square Error346909.6T
R-Squared0.38
Significance0.01
Slope(89,143,309)
Total Sum of Squares8445827.6T

Canadian Net Tangible Assets History

20262.4 B
20252.9 B
20223.3 B
20212.8 B
20202.1 B
20191.8 B
20182.1 B

About Canadian TireLimited Financial Statements

Canadian TireLimited stakeholders use historical fundamental indicators, such as Canadian TireLimited's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Canadian TireLimited investors may analyze each financial statement separately, they are all interrelated. For example, changes in Canadian TireLimited's assets and liabilities are reflected in the revenues and expenses on Canadian TireLimited'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 Canadian Tire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets2.9 B2.4 B

Currently Active Assets on Macroaxis

Other Information on Investing in Canadian Stock

Canadian TireLimited financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian TireLimited security.