Laser Net Tangible Assets from 2010 to 2024

LASE Stock   5.59  0.02  0.36%   
Laser Photonics' Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 17.6 M this year. Net Tangible Assets is the total assets of Laser Photonics 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
16.7 M
Current Value
17.6 M
Quarterly Volatility
6.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Laser Photonics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Laser Photonics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 287.4 K, Selling General Administrative of 1.4 M or Total Revenue of 3.7 M, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 0.0198 or PTB Ratio of 0.74. Laser financial statements analysis is a perfect complement when working with Laser Photonics Valuation or Volatility modules.
  
Check out the analysis of Laser Photonics Correlation against competitors.
For information on how to trade Laser Stock refer to our How to Trade Laser Stock guide.

Latest Laser Photonics' Net Tangible Assets Growth Pattern

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

Laser Net Tangible Assets Regression Statistics

Arithmetic Mean3,883,510
Geometric Mean1,208,520
Coefficient Of Variation166.72
Mean Deviation4,961,083
Median489,870
Standard Deviation6,474,701
Sample Variance41.9T
Range17.1M
R-Value0.74
Mean Square Error20.5T
R-Squared0.55
Significance0
Slope1,070,727
Total Sum of Squares586.9T

Laser Net Tangible Assets History

202417.6 M
202316.7 M
202214.6 M
20212.4 M
20202.1 M

About Laser Photonics Financial Statements

Laser Photonics stakeholders use historical fundamental indicators, such as Laser Photonics' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Laser Photonics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Laser Photonics' assets and liabilities are reflected in the revenues and expenses on Laser Photonics' 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 Laser Photonics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets16.7 M17.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Laser Photonics is a strong investment it is important to analyze Laser Photonics' 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 Laser Photonics' future performance. For an informed investment choice regarding Laser Stock, refer to the following important reports:
Check out the analysis of Laser Photonics Correlation against competitors.
For information on how to trade Laser Stock refer to our How to Trade Laser Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Laser Photonics. If investors know Laser will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Laser Photonics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
(0.38)
Revenue Per Share
0.389
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.25)
The market value of Laser Photonics is measured differently than its book value, which is the value of Laser that is recorded on the company's balance sheet. Investors also form their own opinion of Laser Photonics' value that differs from its market value or its book value, called intrinsic value, which is Laser Photonics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Laser Photonics' market value can be influenced by many factors that don't directly affect Laser Photonics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Laser Photonics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Laser Photonics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laser Photonics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.