Abattis Bioceuticals Net Tangible Assets

Abattis Bioceuticals posts a net tangible assets of $11M as of September 2019. That compares with $11M in the prior-year period — down 3.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Abattis Bioceuticals's net tangible assets was $11M. The latest reading is $11M — a 3.9% year-over-year decrease (period ending September 2019). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Abattis Bioceuticals's financial statement story. At $11M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for ATTBF's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Abattis Bioceuticals's other metric pages and overview cover the third.

Judging Abattis Bioceuticals against Healthcare peers is usually better than using a market-wide rule of thumb. Business models inside Healthcare are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $11M here, then scan peer and history charts to see if the gap is persistent.