Patten Energy Solutions Group Net Tangible Assets

Patten Energy Solutions Group posts a net tangible assets of $-1.2M as of September 2014. That compares with $3.2M in the prior-year period — down 136.9% 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, Patten Energy Solutions Group's net tangible assets was $3.2M. The latest reading is $-1.2M — a 136.9% year-over-year decrease (period ending September 2014). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Patten Energy Solutions Group's financial statement story. At $-1.2M, 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 PTTN'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; Patten Energy Solutions Group's other metric pages and overview cover the third.

Judging Patten Energy Solutions Group against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $-1.2M here, then scan peer and history charts to see if the gap is persistent.