Daktronics Net Tangible Assets from 2010 to 2024

DAKT Stock  USD 15.40  0.38  2.53%   
Daktronics Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 150.7 M in 2024. Net Tangible Assets is the total assets of Daktronics 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
2010-12-31
Previous Quarter
176.9 M
Current Value
150.7 M
Quarterly Volatility
13.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Daktronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Daktronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.9 M, Interest Expense of 5.2 M or Selling General Administrative of 25.3 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0265 or PTB Ratio of 0.79. Daktronics financial statements analysis is a perfect complement when working with Daktronics Valuation or Volatility modules.
  
Check out the analysis of Daktronics Correlation against competitors.
For more information on how to buy Daktronics Stock please use our How to Invest in Daktronics guide.

Latest Daktronics' Net Tangible Assets Growth Pattern

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

Daktronics Net Tangible Assets Regression Statistics

Arithmetic Mean184,892,682
Geometric Mean184,429,592
Coefficient Of Variation7.14
Mean Deviation9,015,315
Median186,049,000
Standard Deviation13,195,843
Sample Variance174.1T
Range56.1M
R-Value(0.53)
Mean Square Error134.3T
R-Squared0.28
Significance0.04
Slope(1,571,315)
Total Sum of Squares2437.8T

Daktronics Net Tangible Assets History

2024150.7 M
2023176.9 M
2022196.5 M
2021182.2 M
2020183.1 M
2019169.2 M
2018179.8 M

About Daktronics Financial Statements

Daktronics shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Daktronics investors may analyze each financial statement separately, they are all interrelated. The changes in Daktronics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Daktronics' 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 Assets176.9 M150.7 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Daktronics Stock Analysis

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