Olympic Good Will from 2010 to 2024

ZEUS Stock  USD 40.76  0.27  0.67%   
Olympic Steel 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 Olympic Steel 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
1996-09-30
Previous Quarter
52.1 M
Current Value
52.1 M
Quarterly Volatility
16 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 16.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Latest Olympic Steel's Good Will Growth Pattern

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

Olympic Good Will Regression Statistics

Arithmetic Mean24,397,837
Geometric Mean16,765,975
Coefficient Of Variation75.07
Mean Deviation15,197,937
Median22,980,000
Standard Deviation18,315,250
Sample Variance335.4T
Range52.3M
R-Value(0.03)
Mean Square Error361T
R-Squared0.0007
Significance0.93
Slope(106,040)
Total Sum of Squares4696.3T

Olympic Good Will History

202454.7 M
202352.1 M
202110.5 M
20205.1 M
20193.4 M
20182.4 M
201723 M

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel'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 Will52.1 M54.7 M

Thematic Opportunities

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Additional Tools for Olympic Stock Analysis

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