Ohio Good Will from 2010 to 2024

OVBC Stock  USD 27.75  0.09  0.32%   
Ohio Valley's Good Will is increasing over the years with slightly volatile fluctuation. Overall, Good Will is expected to go to about 8.8 M this year. Good Will is an intangible asset that arises when Ohio Valley Banc 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
1999-09-30
Previous Quarter
7.3 M
Current Value
7.3 M
Quarterly Volatility
2.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ohio Valley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ohio Valley's main balance sheet or income statement drivers, such as Depreciation And Amortization of 838.7 K, Interest Expense of 10.2 M or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0249 or PTB Ratio of 0.72. Ohio financial statements analysis is a perfect complement when working with Ohio Valley Valuation or Volatility modules.
  
Check out the analysis of Ohio Valley Correlation against competitors.

Latest Ohio Valley's Good Will Growth Pattern

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

Ohio Good Will Regression Statistics

Arithmetic Mean5,120,570
Geometric Mean3,753,479
Coefficient Of Variation63.80
Mean Deviation3,065,122
Median7,319,000
Standard Deviation3,266,946
Sample Variance10.7T
Range7.6M
R-Value0.88
Mean Square Error2.7T
R-Squared0.77
Significance0.000018
Slope640,218
Total Sum of Squares149.4T

Ohio Good Will History

20248.8 M
20238.4 M
20197.3 M
20177.4 M
20167.8 M
20111.3 M
20101.4 M

About Ohio Valley Financial Statements

Ohio Valley stakeholders use historical fundamental indicators, such as Ohio Valley's Good Will, to determine how well the company is positioned to perform in the future. Although Ohio Valley investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ohio Valley's assets and liabilities are reflected in the revenues and expenses on Ohio Valley's 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 Ohio Valley Banc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will8.4 M8.8 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 Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley's 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 Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:
Check out the analysis of Ohio Valley Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks 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 Ohio Valley. If investors know Ohio 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 Ohio Valley 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
0.224
Dividend Share
0.88
Earnings Share
2.47
Revenue Per Share
12.065
Quarterly Revenue Growth
0.112
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley's 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 Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley's 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 Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley's 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.