HEES Net Tangible Assets from 2010 to 2024

HEES Stock  USD 58.35  1.39  2.33%   
HE Equipment Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 169.2 M in 2024. Net Tangible Assets is the total assets of HE Equipment 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
283 M
Current Value
317.9 M
Quarterly Volatility
76.9 M
 
Yuan Drop
 
Covid
Check HE Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HE Equipment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 407.8 M, Interest Expense of 43.2 M or Selling General Administrative of 216.8 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0201 or PTB Ratio of 3.71. HEES financial statements analysis is a perfect complement when working with HE Equipment Valuation or Volatility modules.
  
Check out the analysis of HE Equipment Correlation against competitors.

Latest HE Equipment's Net Tangible Assets Growth Pattern

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

HEES Net Tangible Assets Regression Statistics

Arithmetic Mean164,002,657
Geometric Mean148,267,431
Coefficient Of Variation44.47
Mean Deviation60,470,967
Median143,129,000
Standard Deviation72,927,193
Sample Variance5318.4T
Range242M
R-Value0.40
Mean Square Error4805.1T
R-Squared0.16
Significance0.14
Slope6,543,974
Total Sum of Squares74457.3T

HEES Net Tangible Assets History

2024169.2 M
2023305.6 M
2022265.7 M
2021215.3 M
2020140.4 M
2019143.1 M
2018122.6 M

About HE Equipment Financial Statements

HE Equipment shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although HE Equipment investors may analyze each financial statement separately, they are all interrelated. The changes in HE Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses on on HE Equipment'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 Assets305.6 M169.2 M

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Additional Tools for HEES Stock Analysis

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