Forum Net Tangible Assets from 2010 to 2024

FET Stock  USD 14.97  0.40  2.60%   
Forum Energy Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Forum Energy Technologies 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
2012-03-31
Previous Quarter
419.3 M
Current Value
243.7 M
Quarterly Volatility
107.6 M
 
Yuan Drop
 
Covid
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.6 M, Interest Expense of 28 M or Total Revenue of 758.7 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.52. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules.
  
Check out the analysis of Forum Energy Correlation against competitors.

Latest Forum Energy's Net Tangible Assets Growth Pattern

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

Forum Net Tangible Assets Regression Statistics

Arithmetic Mean212,942,873
Geometric Mean199,365,540
Coefficient Of Variation37.22
Mean Deviation55,229,418
Median208,254,000
Standard Deviation79,253,136
Sample Variance6281.1T
Range262M
R-Value(0.54)
Mean Square Error4820.8T
R-Squared0.29
Significance0.04
Slope(9,499,064)
Total Sum of Squares87934.8T

Forum Net Tangible Assets History

2024181.3 M
2023104 M
2022115.6 M
2021111.7 M
2020165.8 M
2019213.7 M
2018201.4 M

About Forum Energy Financial Statements

Forum Energy shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forum Energy'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 Assets104 M181.3 M

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Additional Tools for Forum Stock Analysis

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