Academy Net Tangible Assets from 2010 to 2024

ASO Stock  USD 56.05  0.20  0.36%   
Academy Sports Net Tangible Assets yearly trend continues to be very stable with very little volatility. Net Tangible Assets are likely to grow to about 227.8 M this year. Net Tangible Assets is the total assets of Academy Sports Outdoors 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
217 M
Current Value
227.8 M
Quarterly Volatility
342.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Academy Sports financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Academy Sports' main balance sheet or income statement drivers, such as Tax Provision of 88.1 M, Depreciation And Amortization of 96.2 M or Interest Expense of 62.3 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.13 or Days Sales Outstanding of 1.06. Academy financial statements analysis is a perfect complement when working with Academy Sports Valuation or Volatility modules.
  
Check out the analysis of Academy Sports Correlation against competitors.

Latest Academy Sports' Net Tangible Assets Growth Pattern

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

Academy Net Tangible Assets Regression Statistics

Arithmetic Mean(365,926,632)
Coefficient Of Variation(93.65)
Mean Deviation288,528,891
Median(596,948,000)
Standard Deviation342,673,778
Sample Variance117425.3T
Range824.8M
R-Value0.85
Mean Square Error35592.7T
R-Squared0.72
Significance0.000066
Slope64,951,904
Total Sum of Squares1643954.5T

Academy Net Tangible Assets History

2024227.8 M
2023217 M
2022188.7 M
202127.8 M
2020-326.9 M
2019-450.7 M

About Academy Sports Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Academy Sports income statement, its balance sheet, and the statement of cash flows. Academy Sports investors use historical funamental indicators, such as Academy Sports's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Academy Sports investors may use each financial statement separately, they are all related. The changes in Academy Sports's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Academy Sports'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 Academy Sports Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Academy Sports. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets217 M227.8 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Academy Stock

When determining whether Academy Sports Outdoors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Academy Sports' 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 Academy Sports Outdoors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Academy Sports Outdoors Stock:
Check out the analysis of Academy Sports Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Other Specialty Retail 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 Academy Sports. If investors know Academy 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 Academy Sports 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
0.118
Dividend Share
0.38
Earnings Share
6.7
Revenue Per Share
81.7
Quarterly Revenue Growth
0.028
The market value of Academy Sports Outdoors is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' 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 Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' 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 Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Academy Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' 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.