Trio Net Tangible Assets from 2010 to 2024

TRT Stock  USD 6.19  0.19  3.17%   
Trio Tech Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 25.6 M in 2024. Net Tangible Assets is the total assets of Trio Tech International 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
2011-09-30
Previous Quarter
29.6 M
Current Value
29.4 M
Quarterly Volatility
2.8 M
 
Yuan Drop
 
Covid
Check Trio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio Tech's main balance sheet or income statement drivers, such as Total Revenue of 33.8 M, Gross Profit of 9.2 M or Operating Income of 569.6 K, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 6.0E-4 or PTB Ratio of 1.09. Trio financial statements analysis is a perfect complement when working with Trio Tech Valuation or Volatility modules.
  
Check out the analysis of Trio Tech Correlation against competitors.

Latest Trio Tech's Net Tangible Assets Growth Pattern

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

Trio Net Tangible Assets Regression Statistics

Arithmetic Mean23,911,156
Geometric Mean23,615,031
Coefficient Of Variation16.99
Mean Deviation3,164,166
Median23,501,000
Standard Deviation4,063,625
Sample Variance16.5T
Range14.6M
R-Value0.84
Mean Square Error5.2T
R-Squared0.71
Significance0.000083
Slope764,948
Total Sum of Squares231.2T

Trio Net Tangible Assets History

202425.6 M
202333.8 M
202229.4 M
202127.9 M
202025.6 M
201924 M
201824.9 M

About Trio Tech Financial Statements

Trio Tech shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Trio Tech investors may analyze each financial statement separately, they are all interrelated. The changes in Trio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trio Tech'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 Assets33.8 M25.6 M

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Additional Tools for Trio Stock Analysis

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