GTBP Net Tangible Assets from 2010 to 2024

GTBP Stock  USD 3.52  0.05  1.40%   
GT Biopharma Net Tangible Assets yearly trend continues to be relatively stable with very little volatility. Net Tangible Assets are likely to grow to about 26.5 M this year. Net Tangible Assets is the total assets of GT Biopharma 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
2016-12-31
Previous Quarter
15.4 M
Current Value
16 M
Quarterly Volatility
20.1 M
 
Covid
Check GT Biopharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GT Biopharma's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.3 M, Interest Expense of 202.3 K or Selling General Administrative of 8.8 M, as well as many indicators such as Price To Sales Ratio of 2.3 K, Dividend Yield of 0.0 or PTB Ratio of 1.31. GTBP financial statements analysis is a perfect complement when working with GT Biopharma Valuation or Volatility modules.
  
Check out the analysis of GT Biopharma Correlation against competitors.
To learn how to invest in GTBP Stock, please use our How to Invest in GT Biopharma guide.

Latest GT Biopharma's Net Tangible Assets Growth Pattern

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

GTBP Net Tangible Assets Regression Statistics

Arithmetic Mean(12,319,302)
Coefficient Of Variation(201.77)
Mean Deviation20,685,864
Median(19,144,000)
Standard Deviation24,856,449
Sample Variance617.8T
Range76.9M
R-Value0.80
Mean Square Error237.1T
R-Squared0.64
Significance0.0003
Slope4,458,889
Total Sum of Squares8649.8T

GTBP Net Tangible Assets History

202426.5 M
202325.2 M
202121.9 M
2020-29.3 M
2019-19.1 M
2018-13.7 M
2017-1.9 M

About GT Biopharma Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include GT Biopharma income statement, its balance sheet, and the statement of cash flows. GT Biopharma investors use historical funamental indicators, such as GT Biopharma's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although GT Biopharma investors may use each financial statement separately, they are all related. The changes in GT Biopharma's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GT Biopharma'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 GT Biopharma Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GT Biopharma. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets25.2 M26.5 M

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Additional Tools for GTBP Stock Analysis

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