Commercial Net Tangible Assets from 2010 to 2024

CVGI Stock  USD 5.43  0.14  2.65%   
Commercial Vehicle's Net Tangible Assets are increasing with slightly volatile movements from year to year. Net Tangible Assets are predicted to flatten to about 68.9 M. Net Tangible Assets is the total assets of Commercial Vehicle Group 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
120 M
Current Value
130.8 M
Quarterly Volatility
35.5 M
 
Yuan Drop
 
Covid
Check Commercial Vehicle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commercial Vehicle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.5 M, Interest Expense of 17.1 M or Selling General Administrative of 62 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 1.41. Commercial financial statements analysis is a perfect complement when working with Commercial Vehicle Valuation or Volatility modules.
  
Check out the analysis of Commercial Vehicle Correlation against competitors.

Latest Commercial Vehicle's Net Tangible Assets Growth Pattern

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

Commercial Net Tangible Assets Regression Statistics

Arithmetic Mean63,154,621
Geometric Mean45,873,666
Coefficient Of Variation64.25
Mean Deviation34,501,995
Median52,149,000
Standard Deviation40,578,052
Sample Variance1646.6T
Range123.2M
R-Value0.85
Mean Square Error500.8T
R-Squared0.72
Significance0.000067
Slope7,686,108
Total Sum of Squares23052.1T

Commercial Net Tangible Assets History

202468.9 M
2023121.2 M
2022105.4 M
2021108.4 M
202073.6 M
2019128.7 M
201894.7 M

About Commercial Vehicle Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Commercial Vehicle income statement, its balance sheet, and the statement of cash flows. Commercial Vehicle investors use historical funamental indicators, such as Commercial Vehicle's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Commercial Vehicle investors may use each financial statement separately, they are all related. The changes in Commercial Vehicle's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Commercial Vehicle's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Commercial Vehicle Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Commercial Vehicle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets121.2 M68.9 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Commercial Stock

When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle's 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 Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:
Check out the analysis of Commercial Vehicle Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Construction Machinery & Heavy Transportation Equipment 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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
(0.66)
Earnings Share
1.29
Revenue Per Share
29.077
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0536
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle's 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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle's 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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle's 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.