Fomento Net Tangible Assets from 2010 to 2024

FMX Stock  USD 89.39  3.58  4.17%   
Fomento Economico Net Tangible Assets yearly trend continues to be fairly 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 Fomento Economico Mexicano 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
2013-12-31
Previous Quarter
71.1 B
Current Value
148.2 B
Quarterly Volatility
48.6 B
 
Yuan Drop
 
Covid
Check Fomento Economico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fomento Economico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 B, Interest Expense of 18.1 B or Selling General Administrative of 33.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0122 or PTB Ratio of 4.71. Fomento financial statements analysis is a perfect complement when working with Fomento Economico Valuation or Volatility modules.
  
Check out the analysis of Fomento Economico Correlation against competitors.

Latest Fomento Economico's Net Tangible Assets Growth Pattern

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

Fomento Net Tangible Assets Regression Statistics

Arithmetic Mean72,691,149,426
Geometric Mean36,642,241,855
Coefficient Of Variation58.50
Mean Deviation29,974,985,647
Median71,061,000,000
Standard Deviation42,527,411,032
Sample Variance1808580689.1T
Range176.7B
R-Value0.53
Mean Square Error1408586008.8T
R-Squared0.28
Significance0.04
Slope5,003,038,910
Total Sum of Squares25320129647.2T

Fomento Net Tangible Assets History

202483.4 B
202381.7 B
202271.1 B
2021176.7 B
202081.5 B
2019104.5 B
2018110.5 B

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fomento Economico. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets81.7 B83.4 B

Also Currently Popular

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.

Additional Tools for Fomento Stock Analysis

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