Unity Net Tangible Assets from 2010 to 2024

UNTY Stock  USD 47.50  0.69  1.47%   
Unity Bancorp Net Tangible Assets yearly trend continues to be fairly 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 Unity Bancorp 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
2011-06-30
Previous Quarter
242.6 M
Current Value
250.9 M
Quarterly Volatility
65.8 M
 
Yuan Drop
 
Covid
Check Unity Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unity Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 50.9 M or Selling General Administrative of 33.2 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0124 or PTB Ratio of 1.4. Unity financial statements analysis is a perfect complement when working with Unity Bancorp Valuation or Volatility modules.
  
Check out the analysis of Unity Bancorp Correlation against competitors.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

Latest Unity Bancorp's Net Tangible Assets Growth Pattern

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

Unity Net Tangible Assets Regression Statistics

Arithmetic Mean136,954,312
Geometric Mean114,783,945
Coefficient Of Variation60.06
Mean Deviation68,294,333
Median116,589,000
Standard Deviation82,260,160
Sample Variance6766.7T
Range234.6M
R-Value0.97
Mean Square Error477.8T
R-Squared0.93
Slope17,780,722
Total Sum of Squares94734.3T

Unity Net Tangible Assets History

2024287 M
2023273.4 M
2022237.7 M
2021204.2 M
2020172.4 M
2019159.2 M
2018137 M

About Unity Bancorp Financial Statements

Unity Bancorp investors use historical fundamental indicators, such as Unity Bancorp's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Unity Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets273.4 M287 M

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Additional Tools for Unity Stock Analysis

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