Veritone Good Will from 2010 to 2024

VERI Stock  USD 2.73  0.01  0.36%   
Veritone's Good Will is increasing with slightly volatile movements from year to year. Good Will is estimated to finish at about 84.3 M this year. Good Will is an intangible asset that arises when Veritone 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
2017-03-31
Previous Quarter
79.8 M
Current Value
53.1 M
Quarterly Volatility
28.8 M
 
Covid
Check Veritone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veritone's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 40.4 M or Total Revenue of 133.9 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0 or PTB Ratio of 1.97. Veritone financial statements analysis is a perfect complement when working with Veritone Valuation or Volatility modules.
  
Check out the analysis of Veritone Correlation against competitors.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.

Latest Veritone's Good Will Growth Pattern

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

Veritone Good Will Regression Statistics

Arithmetic Mean17,758,623
Geometric Mean1,503,834
Coefficient Of Variation166.69
Mean Deviation23,203,714
Median139,000
Standard Deviation29,601,045
Sample Variance876.2T
Range84.1M
R-Value0.80
Mean Square Error344.3T
R-Squared0.64
Significance0.0004
Slope5,275,159
Total Sum of Squares12267.1T

Veritone Good Will History

202484.3 M
202380.2 M
202246.5 M
202134.1 M
20196.9 M
20186.4 M

About Veritone Financial Statements

Investors use fundamental indicators, such as Veritone's Good Will, to determine how well the company is positioned to perform in the future. Although Veritone's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Good Will80.2 M84.3 M

Currently Active Assets on Macroaxis

When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone'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 Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:
Check out the analysis of Veritone Correlation against competitors.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Application Software 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 Veritone. If investors know Veritone 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 Veritone 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
1.52
Earnings Share
(1.59)
Revenue Per Share
3.534
Quarterly Revenue Growth
0.108
Return On Assets
(0.12)
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.