Luna Good Will from 2010 to 2024

LUNA Stock  USD 1.86  0.22  13.41%   
Luna Innovations' Good Will is increasing over the years with slightly volatile fluctuation. Overall, Good Will is expected to go to about 32.5 M this year. Good Will is an intangible asset that arises when Luna Innovations Incorporated 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
2006-03-31
Previous Quarter
27.3 M
Current Value
26.9 M
Quarterly Volatility
9.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Luna Innovations financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Luna Innovations' main balance sheet or income statement drivers, such as Interest Expense of 2.1 M, Total Revenue of 122.4 M or Gross Profit of 72.2 M, as well as many indicators such as Price To Sales Ratio of 9.97, Dividend Yield of 1.49 or PTB Ratio of 11.69. Luna financial statements analysis is a perfect complement when working with Luna Innovations Valuation or Volatility modules.
  
Check out the analysis of Luna Innovations Correlation against competitors.

Latest Luna Innovations' Good Will Growth Pattern

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

Luna Good Will Regression Statistics

Arithmetic Mean9,579,862
Geometric Mean0.00
Coefficient Of Variation130.13
Mean Deviation10,743,364
Median2,274,112
Standard Deviation12,465,828
Sample Variance155.4T
Range32.5M
R-Value0.88
Mean Square Error36.7T
R-Squared0.78
Significance0.000013
Slope2,463,188
Total Sum of Squares2175.6T

Luna Good Will History

202432.5 M
202331 M
202226.9 M
202119 M
202018.1 M
201910.5 M
2018101 K

About Luna Innovations Financial Statements

Luna Innovations stakeholders use historical fundamental indicators, such as Luna Innovations' Good Will, to determine how well the company is positioned to perform in the future. Although Luna Innovations investors may analyze each financial statement separately, they are all interrelated. For example, changes in Luna Innovations' assets and liabilities are reflected in the revenues and expenses on Luna Innovations' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Luna Innovations Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will31 M32.5 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Luna Innovations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luna Innovations' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luna Innovations Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luna Innovations Incorporated Stock:
Check out the analysis of Luna Innovations Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luna Innovations. If investors know Luna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luna Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Earnings Share
(0.03)
Revenue Per Share
3.487
Quarterly Revenue Growth
0.053
Return On Assets
0.0055
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luna Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.