Taseko Net Tangible Assets from 2010 to 2024

TGB Stock  USD 1.98  0.07  3.66%   
Taseko Mines' Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 423.6 M this year. Net Tangible Assets is the total assets of Taseko Mines 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
2000-03-31
Previous Quarter
350.8 M
Current Value
358.3 M
Quarterly Volatility
142.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taseko Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taseko Mines' main balance sheet or income statement drivers, such as Interest Expense of 45.6 M, Total Revenue of 551.2 M or Gross Profit of 217.7 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0 or PTB Ratio of 1.32. Taseko financial statements analysis is a perfect complement when working with Taseko Mines Valuation or Volatility modules.
  
Check out the analysis of Taseko Mines Correlation against competitors.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.

Latest Taseko Mines' Net Tangible Assets Growth Pattern

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

Taseko Net Tangible Assets Regression Statistics

Arithmetic Mean280,021,553
Geometric Mean0.00
Coefficient Of Variation53.77
Mean Deviation114,218,850
Median341,452,000
Standard Deviation150,556,115
Sample Variance22667.1T
Range423.6M
R-Value0.73
Mean Square Error11403.5T
R-Squared0.53
Significance0
Slope24,574,527
Total Sum of Squares317340T

Taseko Net Tangible Assets History

2024423.6 M
2023403.4 M
2022350.8 M
2021353.3 M
2020312.1 M
2019296.3 M
2018341.5 M

About Taseko Mines Financial Statements

Taseko Mines stakeholders use historical fundamental indicators, such as Taseko Mines' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Taseko Mines investors may analyze each financial statement separately, they are all interrelated. For example, changes in Taseko Mines' assets and liabilities are reflected in the revenues and expenses on Taseko Mines' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Taseko Mines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets403.4 M423.6 M

Also Currently Popular

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When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' 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 Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:
Check out the analysis of Taseko Mines Correlation against competitors.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Metals & Mining 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 Taseko Mines. If investors know Taseko 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 Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
0.11
Revenue Per Share
2.008
Quarterly Revenue Growth
0.231
Return On Assets
0.0337
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' 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 Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' 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 Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' 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.