ASA Net Tangible Assets from 2010 to 2024

ASA Stock  USD 20.39  0.09  0.44%   
ASA Gold's Net Tangible Assets are decreasing over the years with very volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 299.3 M this year. Net Tangible Assets is the total assets of ASA Gold and 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
2006-11-30
Previous Quarter
325.6 M
Current Value
339.1 M
Quarterly Volatility
154.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASA Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASA Gold's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 2.6 M or Gross Profit of 2.6 M, as well as many indicators such as Price To Sales Ratio of 150, Dividend Yield of 0.0 or PTB Ratio of 0.78. ASA financial statements analysis is a perfect complement when working with ASA Gold Valuation or Volatility modules.
  
Check out the analysis of ASA Gold Correlation against competitors.

Latest ASA Gold's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of ASA Gold and 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. ASA Gold's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASA Gold's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Very volatile
   Net Tangible Assets   
       Timeline  

ASA Net Tangible Assets Regression Statistics

Arithmetic Mean313,055,581
Geometric Mean289,910,354
Coefficient Of Variation45.50
Mean Deviation99,195,917
Median285,879,220
Standard Deviation142,443,125
Sample Variance20290T
Range551.5M
R-Value(0.01)
Mean Square Error21848.9T
R-Squared0.000087
Significance0.97
Slope(296,742)
Total Sum of Squares284060.6T

ASA Net Tangible Assets History

2024299.3 M
2023293 M
2021325.6 M
2020481.9 M
2019463.9 M
2018285.9 M
2017194.8 M

About ASA Gold Financial Statements

ASA Gold stakeholders use historical fundamental indicators, such as ASA Gold's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although ASA Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in ASA Gold's assets and liabilities are reflected in the revenues and expenses on ASA Gold'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 ASA Gold and. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets293 M299.3 M

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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 ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:
Check out the analysis of ASA Gold Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Asset Management & Custody Banks 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 ASA Gold. If investors know ASA 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 ASA Gold 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
3.282
Dividend Share
0.03
Earnings Share
3.25
Revenue Per Share
0.104
Quarterly Revenue Growth
(0.44)
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold'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 ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold'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 ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold'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.