HEES Good Will from 2010 to 2024

HEES Stock  USD 58.76  2.08  3.67%   
HE Equipment 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 HE Equipment Services 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
2001-12-31
Previous Quarter
134.6 M
Current Value
135.2 M
Quarterly Volatility
37.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HE Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HE Equipment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 428.4 M, Interest Expense of 43.2 M or Selling General Administrative of 216.8 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0201 or PTB Ratio of 3.71. HEES financial statements analysis is a perfect complement when working with HE Equipment Valuation or Volatility modules.
  
Check out the analysis of HE Equipment Correlation against competitors.

Latest HE Equipment's Good Will Growth Pattern

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

HEES Good Will Regression Statistics

Arithmetic Mean61,264,183
Geometric Mean45,684,495
Coefficient Of Variation66.32
Mean Deviation35,310,862
Median34,019,000
Standard Deviation40,627,911
Sample Variance1650.6T
Range128.2M
R-Value0.82
Mean Square Error581.9T
R-Squared0.67
Significance0.0002
Slope7,450,947
Total Sum of Squares23108.8T

HEES Good Will History

2024113.6 M
2023108.2 M
2022102.7 M
202163.1 M
202068.9 M
2019131.4 M
2018105.8 M

About HE Equipment Financial Statements

HE Equipment shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although HE Equipment investors may analyze each financial statement separately, they are all interrelated. The changes in HE Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses on on HE Equipment'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 Will108.2 M113.6 M

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Additional Tools for HEES Stock Analysis

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