Sharps Net Tangible Assets from 2010 to 2024

STSS Stock  USD 3.97  0.12  3.12%   
Sharps Technology Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 2.1 M in 2024. Net Tangible Assets is the total assets of Sharps Technology 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
3.6 M
Current Value
2.1 M
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sharps Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sharps Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 935.8 K, Total Revenue of 0.0 or Other Operating Expenses of 5.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 14.28. Sharps financial statements analysis is a perfect complement when working with Sharps Technology Valuation or Volatility modules.
  
Check out the analysis of Sharps Technology Correlation against competitors.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.

Latest Sharps Technology's Net Tangible Assets Growth Pattern

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

Sharps Net Tangible Assets Regression Statistics

Arithmetic Mean1,317,063
Geometric Mean954,589
Coefficient Of Variation88.25
Mean Deviation1,008,192
Median560,919
Standard Deviation1,162,279
Sample Variance1.4T
Range3M
R-Value0.79
Mean Square Error556.2B
R-Squared0.62
Significance0.0005
Slope204,262
Total Sum of Squares18.9T

Sharps Net Tangible Assets History

20242.1 M
20233.6 M
20213.1 M
20202.1 M

About Sharps Technology Financial Statements

Sharps Technology shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Sharps Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Sharps Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sharps Technology'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 Assets3.6 M2.1 M

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Additional Tools for Sharps Stock Analysis

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