NL Industries Net Tangible Assets from 2010 to 2024

NL Stock  USD 7.93  0.19  2.45%   
NL Industries Net Tangible Assets yearly trend continues to be quite stable with very little volatility. The value of Net Tangible Assets are projected to decrease to about 306.5 M. Net Tangible Assets is the total assets of NL Industries 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
340.5 M
Current Value
337.1 M
Quarterly Volatility
74.9 M
 
Yuan Drop
 
Covid
Check NL Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NL Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.3 M, Interest Expense of 480.9 K or Total Revenue of 153.2 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0861 or PTB Ratio of 1.09. NL Industries financial statements analysis is a perfect complement when working with NL Industries Valuation or Volatility modules.
  
Check out the analysis of NL Industries Correlation against competitors.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.

Latest NL Industries' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of NL Industries 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. NL Industries' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NL Industries' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Very volatile
   Net Tangible Assets   
       Timeline  

NL Industries Net Tangible Assets Regression Statistics

Arithmetic Mean295,072,733
Geometric Mean281,657,022
Coefficient Of Variation27.51
Mean Deviation62,397,653
Median308,166,000
Standard Deviation81,177,907
Sample Variance6589.9T
Range285.4M
R-Value0.10
Mean Square Error7021T
R-Squared0.01
Significance0.71
Slope1,875,667
Total Sum of Squares92257.9T

NL Industries Net Tangible Assets History

2024306.5 M
2023408.2 M
2022355 M
2021335.3 M
2020284.7 M
2019277.4 M
2018257 M

About NL Industries Financial Statements

NL Industries investors utilize fundamental indicators, such as Net Tangible Assets, to predict how NL Industries Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets408.2 M306.5 M

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Check out the analysis of NL Industries Correlation against competitors.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
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Is Commercial Services & Supplies 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 NL Industries. If investors know NL Industries 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 NL Industries 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
1.382
Dividend Share
0.31
Earnings Share
1.19
Revenue Per Share
3.085
Quarterly Revenue Growth
(0.17)
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.