Textron Net Tangible Assets from 2010 to 2024

TXT Stock  USD 85.63  0.55  0.65%   
Textron Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 4.4 B in 2024. Net Tangible Assets is the total assets of Textron 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
2009-03-31
Previous Quarter
4.7 B
Current Value
4.8 B
Quarterly Volatility
892 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Textron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Textron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 392.4 M, Interest Expense of 73.2 M or Total Revenue of 11.8 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0012 or PTB Ratio of 1.74. Textron financial statements analysis is a perfect complement when working with Textron Valuation or Volatility modules.
  
Check out the analysis of Textron Correlation against competitors.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.

Latest Textron's Net Tangible Assets Growth Pattern

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

Textron Net Tangible Assets Regression Statistics

Arithmetic Mean4,182,042,051
Geometric Mean4,058,230,480
Coefficient Of Variation24.73
Mean Deviation866,700,308
Median4,272,000,000
Standard Deviation1,034,027,719
Sample Variance1069213.3T
Range2.9B
R-Value0.48
Mean Square Error890575.7T
R-Squared0.23
Significance0.07
Slope110,056,841
Total Sum of Squares14968986.5T

Textron Net Tangible Assets History

20244.4 B
20235.6 B
20224.8 B
20214.7 B
20203.7 B
20193.4 B
2018B

About Textron Financial Statements

Textron shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Textron investors may analyze each financial statement separately, they are all interrelated. The changes in Textron's assets and liabilities, for example, are also reflected in the revenues and expenses on on Textron'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 Assets5.6 B4.4 B

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Additional Tools for Textron Stock Analysis

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