Olympic Net Tangible Assets from 2010 to 2024

ZEUS Stock  USD 42.31  0.80  1.93%   
Olympic Steel Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 317.7 M in 2024. Net Tangible Assets is the total assets of Olympic Steel 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
480.9 M
Current Value
538.5 M
Quarterly Volatility
89.2 M
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 16.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
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Latest Olympic Steel's Net Tangible Assets Growth Pattern

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

Olympic Net Tangible Assets Regression Statistics

Arithmetic Mean301,385,987
Geometric Mean284,574,335
Coefficient Of Variation39.17
Mean Deviation86,117,847
Median253,390,000
Standard Deviation118,054,944
Sample Variance13937T
Range390.4M
R-Value0.78
Mean Square Error5883T
R-Squared0.61
Significance0.0006
Slope20,584,166
Total Sum of Squares195117.6T

Olympic Net Tangible Assets History

2024317.7 M
2023593.4 M
2022516 M
2021424.4 M
2020301 M
2019275.7 M
2018279.7 M

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel'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 Assets593.4 M317.7 M

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Additional Tools for Olympic Stock Analysis

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