ArcelorMittal Good Will from 2010 to 2024

MT Stock  USD 25.29  0.21  0.84%   
ArcelorMittal 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 ArcelorMittal SA ADR 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
2005-12-31
Previous Quarter
3.8 B
Current Value
3.9 B
Quarterly Volatility
4.9 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ArcelorMittal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcelorMittal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 655.6 M or Total Revenue of 59.6 B, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0249 or PTB Ratio of 0.42. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules.
  
Check out the analysis of ArcelorMittal Correlation against competitors.

Latest ArcelorMittal's Good Will Growth Pattern

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

ArcelorMittal Good Will Regression Statistics

Arithmetic Mean6,083,574,815
Geometric Mean5,736,370,441
Coefficient Of Variation38.46
Mean Deviation1,783,889,778
Median5,248,000,000
Standard Deviation2,339,470,136
Sample Variance5473120.5T
Range8.7B
R-Value(0.76)
Mean Square Error2456054.6T
R-Squared0.58
Significance0.0009
Slope(399,530,873)
Total Sum of Squares76623687.2T

ArcelorMittal Good Will History

20246.2 B
20233.9 B
20223.8 B
20213.9 B
2020B
20195.1 B
2018B

About ArcelorMittal Financial Statements

ArcelorMittal shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although ArcelorMittal investors may analyze each financial statement separately, they are all interrelated. The changes in ArcelorMittal's assets and liabilities, for example, are also reflected in the revenues and expenses on on ArcelorMittal'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 Will3.9 B6.2 B

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Additional Tools for ArcelorMittal Stock Analysis

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