New Good Will from 2010 to 2024

EDU Stock  USD 57.71  0.99  1.75%   
New Oriental Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will is likely to outpace its year average in 2024. Good Will is an intangible asset that arises when New Oriental Education 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
2008-08-31
Previous Quarter
105.8 M
Current Value
105.8 M
Quarterly Volatility
39.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Oriental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Oriental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.2 M, Interest Expense of 283.1 K or Selling And Marketing Expenses of 693.6 M, as well as many indicators such as Price To Sales Ratio of 2.91, Dividend Yield of 0.0049 or PTB Ratio of 3.33. New financial statements analysis is a perfect complement when working with New Oriental Valuation or Volatility modules.
  
Check out the analysis of New Oriental Correlation against competitors.

Latest New Oriental's Good Will Growth Pattern

Below is the plot of the Good Will of New Oriental Education 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. New Oriental's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Oriental'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  

New Good Will Regression Statistics

Arithmetic Mean46,644,993
Geometric Mean18,588,682
Coefficient Of Variation92.15
Mean Deviation39,486,660
Median31,729,000
Standard Deviation42,985,092
Sample Variance1847.7T
Range108.9M
R-Value0.95
Mean Square Error211.6T
R-Squared0.89
Slope9,086,269
Total Sum of Squares25868.1T

New Good Will History

2024109.2 M
2023104 M
2022105.5 M
202170.8 M
202073.3 M
201980.4 M
201879.6 M

About New Oriental Financial Statements

New Oriental shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although New Oriental investors may analyze each financial statement separately, they are all interrelated. The changes in New Oriental's assets and liabilities, for example, are also reflected in the revenues and expenses on on New Oriental's 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 Will104 M109.2 M

Thematic Opportunities

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Additional Tools for New Stock Analysis

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