Otter Net Tangible Assets from 2010 to 2024

OTTR Stock  USD 90.25  0.30  0.33%   
Otter Tail Net Tangible Assets yearly trend continues to be relatively stable with very little volatility. Net Tangible Assets are likely to grow to about 2.5 B this year. Net Tangible Assets is the total assets of Otter Tail 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
2010-06-30
Previous Quarter
2.1 B
Current Value
2.2 B
Quarterly Volatility
422.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Otter Tail financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otter main balance sheet or income statement drivers, such as Interest Expense of 39.6 M, Total Revenue of 766.4 M or Gross Profit of 437.9 M, as well as many exotic indicators such as Price To Sales Ratio of 2.76, Dividend Yield of 0.0196 or PTB Ratio of 1.55. Otter financial statements analysis is a perfect complement when working with Otter Tail Valuation or Volatility modules.
  
This module can also supplement Otter Tail's financial leverage analysis and stock options assessment as well as various Otter Tail Technical models . Check out the analysis of Otter Tail Correlation against competitors.
To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.

Latest Otter Tail's Net Tangible Assets Growth Pattern

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

Otter Net Tangible Assets Regression Statistics

Arithmetic Mean1,066,815,189
Geometric Mean879,126,737
Coefficient Of Variation68.57
Mean Deviation631,897,852
Median680,736,000
Standard Deviation731,505,917
Sample Variance535100.9T
Range2B
R-Value0.87
Mean Square Error136526.4T
R-Squared0.76
Significance0.000021
Slope142,885,693
Total Sum of Squares7491412.7T

Otter Net Tangible Assets History

20242.5 B
20232.3 B
2022B
20211.7 B
20201.5 B
2019753.7 M
2018680.7 M

About Otter Tail Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Otter Tail income statement, its balance sheet, and the statement of cash flows. Otter Tail investors use historical funamental indicators, such as Otter Tail's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Otter Tail investors may use each financial statement separately, they are all related. The changes in Otter Tail's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Otter Tail'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 Otter Tail Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Otter Tail. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets2.3 B2.5 B

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When determining whether Otter Tail is a strong investment it is important to analyze Otter Tail's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Otter Tail's future performance. For an informed investment choice regarding Otter Stock, refer to the following important reports:
Check out the analysis of Otter Tail Correlation against competitors.
To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Otter Tail's industry 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 Otter Tail. If investors know Otter 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 Otter Tail 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
0.188
Dividend Share
1.78
Earnings Share
7.15
Revenue Per Share
32.553
Quarterly Revenue Growth
0.024
The market value of Otter Tail is measured differently than its book value, which is the value of Otter that is recorded on the company's balance sheet. Investors also form their own opinion of Otter Tail's value that differs from its market value or its book value, called intrinsic value, which is Otter Tail's 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 Otter Tail's market value can be influenced by many factors that don't directly affect Otter Tail's 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 Otter Tail's value and its price as these two are different measures arrived at by different means. Investors typically determine if Otter Tail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Otter Tail's 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.