Comfort Net Tangible Assets from 2010 to 2024

FIX Stock  USD 334.32  1.83  0.55%   
Comfort Systems Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 83.8 M in 2024. Net Tangible Assets is the total assets of Comfort Systems USA 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
188.9 M
Current Value
295.5 M
Quarterly Volatility
68.5 M
 
Yuan Drop
 
Covid
Check Comfort Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comfort main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.9 M, Interest Expense of 10.8 M or Selling General Administrative of 573.3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.48, Dividend Yield of 0.0039 or PTB Ratio of 6.05. Comfort financial statements analysis is a perfect complement when working with Comfort Systems Valuation or Volatility modules.
  
This module can also supplement Comfort Systems' financial leverage analysis and stock options assessment as well as various Comfort Systems Technical models . Check out the analysis of Comfort Systems Correlation against competitors.

Latest Comfort Systems' Net Tangible Assets Growth Pattern

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

Comfort Net Tangible Assets Regression Statistics

Arithmetic Mean103,472,447
Coefficient Of Variation66.76
Mean Deviation43,854,738
Median111,302,000
Standard Deviation69,081,149
Sample Variance4772.2T
Range276.2M
R-Value(0.38)
Mean Square Error4385.2T
R-Squared0.15
Significance0.16
Slope(5,917,099)
Total Sum of Squares66810.9T

Comfort Net Tangible Assets History

202483.8 M
2023102.8 M
2022114.2 M
2021-91.2 M
2020230 K
201992.9 M
2018167.6 M

About Comfort Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Comfort Systems income statement, its balance sheet, and the statement of cash flows. Comfort Systems investors use historical funamental indicators, such as Comfort Systems's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Comfort Systems investors may use each financial statement separately, they are all related. The changes in Comfort Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comfort Systems'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 Comfort Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Comfort Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets102.8 M83.8 M

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When determining whether Comfort Systems USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comfort Systems' 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 Comfort Systems Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comfort Systems Usa Stock:
Check out the analysis of Comfort Systems Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Comfort Systems' price analysis, check to measure Comfort Systems' 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 Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.
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Is Comfort Systems' industry 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 Comfort Systems. If investors know Comfort 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 Comfort Systems 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
0.692
Dividend Share
0.925
Earnings Share
10.1
Revenue Per Share
155.633
Quarterly Revenue Growth
0.309
The market value of Comfort Systems USA is measured differently than its book value, which is the value of Comfort that is recorded on the company's balance sheet. Investors also form their own opinion of Comfort Systems' value that differs from its market value or its book value, called intrinsic value, which is Comfort Systems' 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 Comfort Systems' market value can be influenced by many factors that don't directly affect Comfort Systems' 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 Comfort Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comfort Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comfort Systems' 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.