Rocket Good Will from 2010 to 2024

RKT Stock  USD 14.34  0.28  1.99%   
Rocket Companies Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will will likely drop to about 720 M in 2024. Good Will is an intangible asset that arises when Rocket Companies acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2010-12-31
Previous Quarter
1.2 B
Current Value
720 M
Quarterly Volatility
511.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rocket Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocket Companies' main balance sheet or income statement drivers, such as Interest Income of 286.6 M, Interest Expense of 279.4 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.81 or PTB Ratio of 1.76. Rocket financial statements analysis is a perfect complement when working with Rocket Companies Valuation or Volatility modules.
  
Check out the analysis of Rocket Companies Correlation against competitors.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

Latest Rocket Companies' Good Will Growth Pattern

Below is the plot of the Good Will of Rocket Companies over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Rocket Companies' Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rocket Companies' overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Rocket Good Will Regression Statistics

Arithmetic Mean334,862,216
Geometric Mean107,798,130
Coefficient Of Variation152.62
Mean Deviation423,084,983
Median46,984,000
Standard Deviation511,062,323
Sample Variance261184.7T
Range1.3B
R-Value0.72
Mean Square Error137253.1T
R-Squared0.51
Significance0
Slope81,772,674
Total Sum of Squares3656585.8T

Rocket Good Will History

2024720 M
20231.2 B
20221.3 B
20211.3 B
202047.2 M
201940.3 M

About Rocket Companies Financial Statements

Rocket Companies shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although Rocket Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Rocket Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rocket Companies' 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
Good Will1.2 B720 M

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Additional Tools for Rocket Stock Analysis

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