Steelcase Good Will from 2010 to 2024

SCS Stock  USD 13.04  0.03  0.23%   
Steelcase Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will will likely drop to about 173.2 M in 2024. Good Will is an intangible asset that arises when Steelcase 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
1999-02-28
Previous Quarter
274.7 M
Current Value
275.4 M
Quarterly Volatility
94.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Good Will Growth Pattern

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

Steelcase Good Will Regression Statistics

Arithmetic Mean170,262,256
Geometric Mean158,284,750
Coefficient Of Variation39.65
Mean Deviation60,373,073
Median138,200,000
Standard Deviation67,516,641
Sample Variance4558.5T
Range177.2M
R-Value0.81
Mean Square Error1655.8T
R-Squared0.66
Significance0.0002
Slope12,290,132
Total Sum of Squares63819T

Steelcase Good Will History

2024173.2 M
2023274.8 M
2022276.8 M
2021242.8 M
2019218.1 M
2018240.8 M
2017138.2 M

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase'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 Will274.8 M173.2 M

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Additional Tools for Steelcase Stock Analysis

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