IRIDEX Net Tangible Assets from 2010 to 2024

IRIX Stock  USD 1.68  0.04  2.44%   
IRIDEX 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 IRIDEX 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
13 M
Current Value
10.7 M
Quarterly Volatility
7.1 M
 
Yuan Drop
 
Covid
Check IRIDEX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IRIDEX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 1.7 M or Total Revenue of 40.7 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0 or PTB Ratio of 1.79. IRIDEX financial statements analysis is a perfect complement when working with IRIDEX Valuation or Volatility modules.
  
Check out the analysis of IRIDEX Correlation against competitors.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.

Latest IRIDEX's Net Tangible Assets Growth Pattern

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

IRIDEX Net Tangible Assets Regression Statistics

Arithmetic Mean23,864,882
Geometric Mean22,810,199
Coefficient Of Variation30.92
Mean Deviation6,040,761
Median21,143,000
Standard Deviation7,378,391
Sample Variance54.4T
Range25.6M
R-Value(0.41)
Mean Square Error49T
R-Squared0.16
Significance0.13
Slope(668,802)
Total Sum of Squares762.2T

IRIDEX Net Tangible Assets History

202420.2 M
202312.9 M
202214.3 M
202120.1 M
202016.8 M
201922.1 M
201829.3 M

About IRIDEX Financial Statements

IRIDEX investors use historical fundamental indicators, such as IRIDEX'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 IRIDEX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets12.9 M20.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for IRIDEX Stock Analysis

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