Elanco Good Will from 2010 to 2024
ELAN Stock | USD 17.19 0.21 1.24% |
Good Will | First Reported 2016-12-31 | Previous Quarter 5.1 B | Current Value 4.5 B | Quarterly Volatility 1.5 B |
Check Elanco Animal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elanco main balance sheet or income statement drivers, such as Depreciation And Amortization of 408.9 M, Interest Expense of 290.9 M or Selling General Administrative of 1 B, as well as many exotic indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0 or PTB Ratio of 1.76. Elanco financial statements analysis is a perfect complement when working with Elanco Animal Valuation or Volatility modules.
Elanco | Good Will |
Latest Elanco Animal's Good Will Growth Pattern
Below is the plot of the Good Will of Elanco Animal Health 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. Elanco Animal's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elanco Animal's overall financial position and show how it may be relating to other accounts over time.
Good Will | 10 Years Trend |
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Good Will |
Timeline |
Elanco Good Will Regression Statistics
Arithmetic Mean | 3,683,030,083 | |
Geometric Mean | 3,439,696,976 | |
Coefficient Of Variation | 40.62 | |
Mean Deviation | 1,317,066,778 | |
Median | 2,958,000,000 | |
Standard Deviation | 1,496,135,286 | |
Sample Variance | 2238420.8T | |
Range | 3.6B | |
R-Value | 0.79 | |
Mean Square Error | 891862.9T | |
R-Squared | 0.63 | |
Significance | 0.0004 | |
Slope | 265,543,067 | |
Total Sum of Squares | 31337891.1T |
Elanco Good Will History
About Elanco Animal Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Elanco Animal income statement, its balance sheet, and the statement of cash flows. Elanco Animal investors use historical funamental indicators, such as Elanco Animal's Good Will, to determine how well the company is positioned to perform in the future. Although Elanco Animal investors may use each financial statement separately, they are all related. The changes in Elanco Animal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elanco Animal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Elanco Animal Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Elanco Animal. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Good Will | 5.1 B | 4.8 B |
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When running Elanco Animal's price analysis, check to measure Elanco Animal'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 Elanco Animal is operating at the current time. Most of Elanco Animal's value examination focuses on studying past and present price action to predict the probability of Elanco Animal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elanco Animal's price. Additionally, you may evaluate how the addition of Elanco Animal to your portfolios can decrease your overall portfolio volatility.
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Is Elanco Animal's industry 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 Elanco Animal. If investors know Elanco 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 Elanco Animal 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 (0.71) | Earnings Share (2.65) | Revenue Per Share 8.857 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0103 |
The market value of Elanco Animal Health is measured differently than its book value, which is the value of Elanco that is recorded on the company's balance sheet. Investors also form their own opinion of Elanco Animal's value that differs from its market value or its book value, called intrinsic value, which is Elanco Animal'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 Elanco Animal's market value can be influenced by many factors that don't directly affect Elanco Animal'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 Elanco Animal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elanco Animal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elanco Animal'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.