Steelcase Net Tangible Assets from 2010 to 2024

SCS Stock  USD 13.47  0.07  0.52%   
Steelcase 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 Steelcase 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
2011-08-31
Previous Quarter
472.1 M
Current Value
502.2 M
Quarterly Volatility
65.5 M
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Net Tangible Assets Growth Pattern

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

Steelcase Net Tangible Assets Regression Statistics

Arithmetic Mean593,580,944
Geometric Mean589,903,560
Coefficient Of Variation11.50
Mean Deviation61,995,548
Median629,500,000
Standard Deviation68,236,808
Sample Variance4656.3T
Range225.3M
R-Value0.58
Mean Square Error3321.1T
R-Squared0.34
Significance0.02
Slope8,866,783
Total Sum of Squares65187.7T

Steelcase Net Tangible Assets History

2024645.2 M
2023633.9 M
2022715 M
2021523.9 M
2019652 M
2018489.7 M
2017629.5 M

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase'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 Assets633.9 M645.2 M

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Additional Tools for Steelcase Stock Analysis

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