Tredegar Intangible Assets from 2010 to 2024

TG Stock  USD 7.17  0.04  0.56%   
Tredegar's Intangible Assets are decreasing over the last several years with slightly volatile swings. Intangible Assets are predicted to flatten to about 9.4 M. 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
1988-12-31
Previous Quarter
8.8 M
Current Value
8.4 M
Quarterly Volatility
68.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tredegar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tredegar's main balance sheet or income statement drivers, such as Interest Expense of 12.2 M, Total Revenue of 848.2 M or Gross Profit of 154.8 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0476 or PTB Ratio of 1.33. Tredegar financial statements analysis is a perfect complement when working with Tredegar Valuation or Volatility modules.
  
Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

Latest Tredegar's Intangible Assets Growth Pattern

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

Tredegar Intangible Assets Regression Statistics

Arithmetic Mean32,326,763
Geometric Mean27,168,208
Coefficient Of Variation55.12
Mean Deviation14,410,652
Median33,601,000
Standard Deviation17,819,056
Sample Variance317.5T
Range54.6M
R-Value(0.87)
Mean Square Error85.1T
R-Squared0.75
Significance0.000029
Slope(3,453,557)
Total Sum of Squares4445.3T

Tredegar Intangible Assets History

20249.4 M
20239.9 M
202211.7 M
202114.2 M
202018.8 M
201922.6 M
201836.3 M

About Tredegar Financial Statements

Tredegar stakeholders use historical fundamental indicators, such as Tredegar's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Tredegar investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tredegar's assets and liabilities are reflected in the revenues and expenses on Tredegar'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 Tredegar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets9.9 M9.4 M

Currently Active Assets on Macroaxis

Check out the analysis of Tredegar Correlation against competitors.
For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Commodity Chemicals 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 Tredegar. If investors know Tredegar 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 Tredegar 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
(0.83)
Earnings Share
(0.80)
Revenue Per Share
20.887
Quarterly Revenue Growth
0.095
Return On Assets
0.0281
The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar's 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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar's 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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar's 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.