Mesabi Net Tangible Assets from 2010 to 2024

MSB Stock  USD 27.96  0.20  0.72%   
Mesabi Trust's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 11.2 M. Net Tangible Assets is the total assets of Mesabi Trust 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
2011-07-31
Previous Quarter
21.6 M
Current Value
21.1 M
Quarterly Volatility
9.6 M
 
Yuan Drop
 
Covid
Check Mesabi Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mesabi Trust's main balance sheet or income statement drivers, such as Interest Expense of 545.9 K, Total Revenue of 17.1 M or Gross Profit of 17.1 M, as well as many indicators such as Price To Sales Ratio of 17.05, Dividend Yield of 0.017 or PTB Ratio of 11.59. Mesabi financial statements analysis is a perfect complement when working with Mesabi Trust Valuation or Volatility modules.
  
Check out the analysis of Mesabi Trust Correlation against competitors.
For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.

Latest Mesabi Trust's Net Tangible Assets Growth Pattern

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

Mesabi Net Tangible Assets Regression Statistics

Arithmetic Mean9,814,233
Geometric Mean5,855,246
Coefficient Of Variation82.98
Mean Deviation5,874,101
Median10,507,414
Standard Deviation8,143,857
Sample Variance66.3T
Range29.8M
R-Value0.73
Mean Square Error33.6T
R-Squared0.53
Significance0
Slope1,325,394
Total Sum of Squares928.5T

Mesabi Net Tangible Assets History

202411.2 M
202313.2 M
202211.4 M
202130.8 M
202016.5 M
201911.8 M
201816.8 M

About Mesabi Trust Financial Statements

Mesabi Trust stakeholders use historical fundamental indicators, such as Mesabi Trust's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Mesabi Trust investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mesabi Trust's assets and liabilities are reflected in the revenues and expenses on Mesabi Trust'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 Mesabi Trust. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets13.2 M11.2 M

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.
When determining whether Mesabi Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesabi Trust'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 Mesabi Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesabi Trust Stock:
Check out the analysis of Mesabi Trust Correlation against competitors.
For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Metals & Mining 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 Mesabi Trust. If investors know Mesabi 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 Mesabi Trust 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
2.405
Dividend Share
1.31
Earnings Share
1.34
Revenue Per Share
2.078
Quarterly Revenue Growth
2.381
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust'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 Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust'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 Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesabi Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust'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.