AbbVie Good Will from 2010 to 2024

ABBV Stock  USD 171.73  3.97  2.37%   
AbbVie Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 18.6 B in 2024. Good Will is an intangible asset that arises when AbbVie Inc 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
33.4 B
Current Value
35.3 B
Quarterly Volatility
11.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AbbVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbbVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 B, Interest Expense of 1.1 B or Selling General Administrative of 7.8 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 17.2. AbbVie financial statements analysis is a perfect complement when working with AbbVie Valuation or Volatility modules.
  
Check out the analysis of AbbVie Correlation against competitors.

Latest AbbVie's Good Will Growth Pattern

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

AbbVie Good Will Regression Statistics

Arithmetic Mean16,980,585,207
Geometric Mean13,888,523,121
Coefficient Of Variation62.51
Mean Deviation8,480,535,742
Median15,604,000,000
Standard Deviation10,615,381,110
Sample Variance112686316.1T
Range27.3B
R-Value0.85
Mean Square Error33621967T
R-Squared0.72
Significance0.000059
Slope2,018,240,795
Total Sum of Squares1577608425.4T

AbbVie Good Will History

202418.6 B
202332.3 B
202232.2 B
202132.4 B
202033.1 B
201915.6 B
201815.7 B

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Good Will, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AbbVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will32.3 B18.6 B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for AbbVie Stock Analysis

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