ChoiceOne Net Tangible Assets from 2010 to 2024

COFS Stock  USD 37.27  0.44  1.19%   
ChoiceOne Financial Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 98.8 M in 2024. Net Tangible Assets is the total assets of ChoiceOne Financial Services 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
2011-06-30
Previous Quarter
106.1 M
Current Value
106.2 M
Quarterly Volatility
43.4 M
 
Yuan Drop
 
Covid
Check ChoiceOne Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChoiceOne Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 34.7 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 2.6, Dividend Yield of 0.0281 or PTB Ratio of 1.35. ChoiceOne financial statements analysis is a perfect complement when working with ChoiceOne Financial Valuation or Volatility modules.
  
Check out the analysis of ChoiceOne Financial Correlation against competitors.

Latest ChoiceOne Financial's Net Tangible Assets Growth Pattern

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

ChoiceOne Net Tangible Assets Regression Statistics

Arithmetic Mean84,083,573
Geometric Mean75,360,529
Coefficient Of Variation50.16
Mean Deviation36,672,555
Median62,822,000
Standard Deviation42,173,774
Sample Variance1778.6T
Range116.5M
R-Value0.78
Mean Square Error747.6T
R-Squared0.61
Significance0.0006
Slope7,363,466
Total Sum of Squares24900.8T

ChoiceOne Net Tangible Assets History

202498.8 M
2023122 M
2022106.1 M
2021157.8 M
2020161.5 M
2019133.3 M
201866.7 M

About ChoiceOne Financial Financial Statements

ChoiceOne Financial shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although ChoiceOne Financial investors may analyze each financial statement separately, they are all interrelated. The changes in ChoiceOne Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on ChoiceOne Financial'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
Net Tangible Assets122 M98.8 M

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Additional Tools for ChoiceOne Stock Analysis

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