Confluent Net Tangible Assets from 2010 to 2024

CFLT Stock  USD 30.84  0.27  0.88%   
Confluent Net Tangible Assets yearly trend continues to be comparatively 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 Confluent 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
2010-12-31
Previous Quarter
884.9 M
Current Value
929.1 M
Quarterly Volatility
463.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Confluent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Confluent's main balance sheet or income statement drivers, such as Tax Provision of 3.6 M, Net Interest Income of 4.2 M or Interest Income of 4.2 M, as well as many indicators such as Price To Sales Ratio of 8.6, Dividend Yield of 0.0 or PTB Ratio of 9.12. Confluent financial statements analysis is a perfect complement when working with Confluent Valuation or Volatility modules.
  
Check out the analysis of Confluent Correlation against competitors.
For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.

Latest Confluent's Net Tangible Assets Growth Pattern

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

Confluent Net Tangible Assets Regression Statistics

Arithmetic Mean121,326,735
Coefficient Of Variation381.88
Mean Deviation393,132,412
Median(130,765,000)
Standard Deviation463,326,970
Sample Variance214671.9T
Range1.2B
R-Value0.74
Mean Square Error105227.5T
R-Squared0.54
Significance0
Slope76,472,438
Total Sum of Squares3005406.3T

Confluent Net Tangible Assets History

2024929.1 M
2023884.9 M
2022769.5 M
2021850.3 M
2020-306.2 M

About Confluent Financial Statements

Confluent shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Confluent investors may analyze each financial statement separately, they are all interrelated. The changes in Confluent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Confluent's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets884.9 M929.1 M

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Additional Tools for Confluent Stock Analysis

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