Vestis Good Will from 2010 to 2024

VSTS Stock   16.32  0.24  1.49%   
Vestis Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will will likely drop to about 771.1 M in 2024. Good Will is an intangible asset that arises when Vestis 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
963.8 M
Current Value
771.1 M
Quarterly Volatility
50 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Vestis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vestis' main balance sheet or income statement drivers, such as Tax Provision of 10.5 M, Depreciation And Amortization of 150.1 M or Interest Expense of 132.9 M, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0538 or PTB Ratio of 1.07. Vestis financial statements analysis is a perfect complement when working with Vestis Valuation or Volatility modules.
  
Check out the analysis of Vestis Correlation against competitors.
For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.

Latest Vestis' Good Will Growth Pattern

Below is the plot of the Good Will of Vestis 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. Vestis' Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vestis' overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Vestis Good Will Regression Statistics

Arithmetic Mean951,716,640
Geometric Mean950,325,725
Coefficient Of Variation5.25
Mean Deviation24,078,005
Median964,896,000
Standard Deviation49,960,313
Sample Variance2496T
Range193.8M
R-Value(0.44)
Mean Square Error2168.2T
R-Squared0.19
Significance0.10
Slope(4,912,542)
Total Sum of Squares34944.5T

Vestis Good Will History

2024771.1 M
2023963.8 M
2022963.5 M
2021963.4 M

About Vestis Financial Statements

Vestis shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although Vestis investors may analyze each financial statement separately, they are all interrelated. The changes in Vestis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Vestis' 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 Will963.8 M771.1 M

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Additional Tools for Vestis Stock Analysis

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