Pinnacle Net Tangible Assets from 2010 to 2024

PNW Stock  USD 93.70  0.82  0.87%   
Pinnacle West Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 5.6 B in 2024. Net Tangible Assets is the total assets of Pinnacle West Capital 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
2013-06-30
Previous Quarter
B
Current Value
6.1 B
Quarterly Volatility
630 M
 
Yuan Drop
 
Covid
Check Pinnacle West financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinnacle West's main balance sheet or income statement drivers, such as Interest Expense of 347.9 M, Total Revenue of 3.1 B or Gross Profit of 1.8 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0323 or PTB Ratio of 1.13. Pinnacle financial statements analysis is a perfect complement when working with Pinnacle West Valuation or Volatility modules.
  
Check out the analysis of Pinnacle West Correlation against competitors.

Latest Pinnacle West's Net Tangible Assets Growth Pattern

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

Pinnacle Net Tangible Assets Regression Statistics

Arithmetic Mean5,045,617,159
Geometric Mean4,991,624,719
Coefficient Of Variation15.35
Mean Deviation655,380,969
Median5,006,690,000
Standard Deviation774,727,475
Sample Variance600202.7T
Range2.5B
R-Value0.94
Mean Square Error80134.8T
R-Squared0.88
Slope162,140,645
Total Sum of Squares8402837.3T

Pinnacle Net Tangible Assets History

20245.6 B
20236.7 B
20225.8 B
20215.9 B
20205.6 B
20195.4 B
20185.2 B

About Pinnacle West Financial Statements

Pinnacle West investors use historical fundamental indicators, such as Pinnacle West'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 Pinnacle West. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets6.7 B5.6 B

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Additional Tools for Pinnacle Stock Analysis

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