Steel Connect Net Tangible Assets

Steel Connect posts a net tangible assets of $160M as of October 2024. That compares with $310M in the prior-year period — down 49.4% 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, Steel Connect's net tangible assets was $310M. The latest reading is $160M — a 49.4% year-over-year decrease (period ending October 2024). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Steel Connect's financial statement story. At $160M, 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 STCN'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; Steel Connect's other metric pages and overview cover the third.

Judging Steel Connect against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $160M here, then scan peer and history charts to see if the gap is persistent.