Ross Net Tangible Assets from 2010 to 2024

ROST Stock  USD 154.87  0.02  0.01%   
Ross Stores Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 4.6 B in 2024. Net Tangible Assets is the total assets of Ross Stores 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
2010-12-31
Previous Quarter
7.9 B
Current Value
4.6 B
Quarterly Volatility
1.4 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ross Stores financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ross Stores' main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.4 M, Interest Expense of 77.8 M or Total Revenue of 21.4 B, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0089 or PTB Ratio of 8.32. Ross financial statements analysis is a perfect complement when working with Ross Stores Valuation or Volatility modules.
  
Check out the analysis of Ross Stores Correlation against competitors.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.

Latest Ross Stores' Net Tangible Assets Growth Pattern

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

Ross Net Tangible Assets Regression Statistics

Arithmetic Mean3,990,448,865
Geometric Mean3,816,047,910
Coefficient Of Variation36.22
Mean Deviation999,111,269
Median3,305,746,000
Standard Deviation1,445,355,349
Sample Variance2089052.1T
Range4.6B
R-Value0.64
Mean Square Error1336343.6T
R-Squared0.41
Significance0.01
Slope205,932,222
Total Sum of Squares29246729.2T

Ross Net Tangible Assets History

20244.6 B
20237.9 B
20226.9 B
20214.1 B
20203.3 B
20193.4 B

About Ross Stores Financial Statements

Ross Stores shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Ross Stores investors may analyze each financial statement separately, they are all interrelated. The changes in Ross Stores' assets and liabilities, for example, are also reflected in the revenues and expenses on on Ross Stores' 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 Assets7.9 B4.6 B

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Additional Tools for Ross Stock Analysis

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