BackFirst Trust Exchange-Traded Fund III - First Trust Global Engineering Overview

First Trust Exchange-Traded Fund III - First Trust Global Engineering Net Tangible Assets

First Trust Exchange-Traded Fund III - First Trust Global Engineering's net tangible assets is $-2.2M.

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Net Tangible Assets
$-2.17M
↑ 33.64% YoYΔ $-546978.00 vs prior year quarter

Peer trimmed avg / median

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First Trust Exchange-Traded Fund III - First Trust Global Engineering Net Tangible Assets History

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First Trust Exchange-Traded Fund III - First Trust Global Engineering vs. peers: Net Tangible Assets Comparison

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First Trust Exchange-Traded Fund III - First Trust Global Engineering Net Tangible Assets Growth (YoY per quarter)

Latest change versus the prior comparable period (same company).

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Balance Sheet Breakdown

Current CashShort Term InvestmentsReceivablesInventoryOther Current AssetsCurrent AssetsLong Term InvestmentsProperty Plant EquipmentGoodwillIntangible AssetsOther AssetsTotal AssetsNet Tangible AssetsAccounts PayableOther Current LiabilitiesTotal Current LiabilitiesLong Term DebtOther LiabilitiesMinority InterestTotal Liabilities

First Trust Exchange-Traded Fund III - First Trust Global Engineering (FLM) FAQ

The latest net tangible assets for FLM is $-2.2M as of March 2020. That compares with $-1.6M in the prior-year period — down 33.6% year over year. Investors often review this figure alongside First Trust Exchange-Traded Fund III - First Trust Global Engineering's historical trend and sector peers before judging valuation or financial health.

Over the past year, FLM's net tangible assets moved from $-1.6M to $-2.2M — a 33.6% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in First Trust Exchange-Traded Fund III - First Trust Global Engineering's operating scale or balance-sheet position.

A net tangible assets figure of $-2.2M for FLM is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting FLM's net tangible assets ($-2.2M), review year-over-year change from $-1.6M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.