Phillips Net Tangible Assets from 2010 to 2024

PSX Stock  USD 133.35  0.90  0.67%   
Phillips Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 19.4 B in 2024. Net Tangible Assets is the total assets of Phillips 66 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
2012-03-31
Previous Quarter
27.6 B
Current Value
28.3 B
Quarterly Volatility
3.2 B
 
Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 972.3 M or Total Revenue of 104.9 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Phillips 66 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. Phillips' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' 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  

Phillips Net Tangible Assets Regression Statistics

Arithmetic Mean18,585,430,556
Geometric Mean0.00
Coefficient Of Variation35.63
Mean Deviation3,847,659,259
Median18,232,000,000
Standard Deviation6,622,358,267
Sample Variance43855629T
Range31.3B
R-Value0.65
Mean Square Error27181981.5T
R-Squared0.42
Significance0.01
Slope964,759,494
Total Sum of Squares613978806.2T

Phillips Net Tangible Assets History

202419.4 B
202331.3 B
202227.2 B
202115.9 B
202016.7 B
201920.8 B
201820.5 B

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' 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 Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets31.3 B19.4 B

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 Phillips Stock Analysis

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