Worthington Intangible Assets from 2010 to 2026

Z2J Stock   37.95  1.00  2.71%   
Worthington Steel's Intangible Assets are decreasing over the last several years with slightly volatile swings. Intangible Assets are estimated to finish at about 63.6 M this year. 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
61.1 M
Current Value
63.6 M
Quarterly Volatility
10.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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 31.6 M, Interest Expense of 5.3 M or Selling General Administrative of 230.2 M, as well as many indicators such as . Worthington financial statements analysis is a perfect complement when working with Worthington Steel Valuation or Volatility modules.
  
This module can also supplement various Worthington Steel Technical models . Check out the analysis of Worthington Steel Correlation against competitors.
For more detail on how to invest in Worthington Stock please use our How to Invest in Worthington Steel guide.
The Intangible Assets trend for Worthington Steel offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Worthington Steel is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

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 Mean84,095,859
Geometric Mean83,443,532
Coefficient Of Variation12.04
Mean Deviation7,937,140
Median89,718,000
Standard Deviation10,126,467
Sample Variance102.5T
Range28.6M
R-Value(0.77)
Mean Square Error44.7T
R-Squared0.59
Significance0.0003
Slope(1,541,523)
Total Sum of Squares1640.7T

Worthington Intangible Assets History

202663.6 M
202561.1 M
202467.9 M
202377 M
202283.4 M

About Worthington Steel Financial Statements

Worthington Steel stakeholders use historical fundamental indicators, such as Worthington Steel's 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. For example, changes in Worthington Steel's assets and liabilities are reflected in the revenues and expenses on Worthington Steel'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 Worthington Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets61.1 M63.6 M

Currently Active Assets on Macroaxis

When determining whether Worthington Steel is a strong investment it is important to analyze Worthington Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Worthington Steel's future performance. For an informed investment choice regarding Worthington Stock, refer to the following important reports:
Check out the analysis of Worthington Steel Correlation against competitors.
For more detail on how to invest in Worthington Stock please use our How to Invest in Worthington Steel guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between Worthington Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Worthington Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Worthington Steel's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.