ITT Net Tangible Assets from 2010 to 2024

ITT Stock  USD 148.97  0.76  0.51%   
ITT Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of ITT Inc 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
2009-09-30
Previous Quarter
1.2 B
Current Value
1.3 B
Quarterly Volatility
725.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ITT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ITT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.1 M, Interest Expense of 9.9 M or Total Revenue of 4.7 B, as well as many indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0093 or PTB Ratio of 4.08. ITT financial statements analysis is a perfect complement when working with ITT Valuation or Volatility modules.
  
Check out the analysis of ITT Correlation against competitors.

Latest ITT's Net Tangible Assets Growth Pattern

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

ITT Net Tangible Assets Regression Statistics

Arithmetic Mean661,850,250
Geometric Mean564,788,133
Coefficient Of Variation83.96
Mean Deviation454,413,600
Median553,100,000
Standard Deviation555,693,471
Sample Variance308795.2T
Range1.9B
R-Value0.96
Mean Square Error23153.1T
R-Squared0.93
Slope119,853,219
Total Sum of Squares4323133.3T

ITT Net Tangible Assets History

20241.4 B
20231.3 B
20221.2 B
20211.2 B
20201.1 B
2019B
2018810.4 M

About ITT Financial Statements

ITT shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although ITT investors may analyze each financial statement separately, they are all interrelated. The changes in ITT's assets and liabilities, for example, are also reflected in the revenues and expenses on on ITT's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets1.3 B1.4 B

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Additional Tools for ITT Stock Analysis

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