Tamboran Intangibles To Total Assets from 2010 to 2024

TBN Stock   17.72  1.05  6.30%   
Tamboran Resources Intangibles To Total Assets yearly trend continues to be very stable with very little volatility. Intangibles To Total Assets are likely to grow to 0 this year. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.001951
Current Value
0.00322
Quarterly Volatility
0.00071479
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tamboran Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tamboran Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 643.9 K, Interest Expense of 79.2 K or Selling General Administrative of 11 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.33. Tamboran financial statements analysis is a perfect complement when working with Tamboran Resources Valuation or Volatility modules.
  
Check out the analysis of Tamboran Resources Correlation against competitors.
To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.

Latest Tamboran Resources' Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Tamboran Resources over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Tamboran Resources' Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tamboran Resources' overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Slightly volatile
   Intangibles To Total Assets   
       Timeline  

Tamboran Intangibles To Total Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation20.44
Mean Deviation0.0005
Median0
Standard Deviation0.0007
Sample Variance0.00000051
Range0.0022
R-Value(0.65)
Mean Square Error0.00000032
R-Squared0.42
Significance0.01
Slope(0.0001)
Total Sum of Squares0.00000715

Tamboran Intangibles To Total Assets History

2024 0.00322
2023 0.001951
2022 0.001697
2021 0.003233

About Tamboran Resources Financial Statements

Tamboran Resources investors utilize fundamental indicators, such as Intangibles To Total Assets, to predict how Tamboran Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year

Pair Trading with Tamboran Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tamboran Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tamboran Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Tamboran Stock

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The ability to find closely correlated positions to Tamboran Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamboran Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tamboran Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tamboran Resources to buy it.
The correlation of Tamboran Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tamboran Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamboran Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tamboran Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tamboran Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tamboran Resources' 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 Tamboran Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tamboran Resources Stock:
Check out the analysis of Tamboran Resources Correlation against competitors.
To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil, Gas & Consumable Fuels 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 Tamboran Resources. If investors know Tamboran 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 Tamboran Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Return On Assets
(0.04)
Return On Equity
(0.14)
The market value of Tamboran Resources is measured differently than its book value, which is the value of Tamboran that is recorded on the company's balance sheet. Investors also form their own opinion of Tamboran Resources' value that differs from its market value or its book value, called intrinsic value, which is Tamboran Resources' 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 Tamboran Resources' market value can be influenced by many factors that don't directly affect Tamboran Resources' 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 Tamboran Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tamboran Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tamboran Resources' 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.