Elevance Good Will from 2010 to 2024

ELV Stock  USD 403.60  6.12  1.54%   
Elevance Health Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 17.6 B in 2024. Good Will is an intangible asset that arises when Elevance Health 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
2002-03-31
Previous Quarter
26 B
Current Value
26 B
Quarterly Volatility
6.6 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevance Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevance Health's main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 179.9 B or Gross Profit of 56 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0153 or PTB Ratio of 1.5. Elevance financial statements analysis is a perfect complement when working with Elevance Health Valuation or Volatility modules.
  
Check out the analysis of Elevance Health Correlation against competitors.
For more information on how to buy Elevance Stock please use our How to Invest in Elevance Health guide.

Latest Elevance Health's Good Will Growth Pattern

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

Elevance Good Will Regression Statistics

Arithmetic Mean18,427,319,000
Geometric Mean16,837,119,591
Coefficient Of Variation29.68
Mean Deviation3,581,728,933
Median17,578,885,000
Standard Deviation5,468,575,980
Sample Variance29905323.2T
Range22.8B
R-Value0.76
Mean Square Error13540071.3T
R-Squared0.58
Significance0.001
Slope930,924,268
Total Sum of Squares418674525.4T

Elevance Good Will History

202417.6 B
202325.3 B
202224.4 B
202124.2 B
202021.7 B
201920.5 B
201820.5 B

About Elevance Health Financial Statements

Elevance Health investors use historical fundamental indicators, such as Elevance Health'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 Elevance Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will25.3 B17.6 B

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Additional Tools for Elevance Stock Analysis

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