L3Harris Good Will from 2010 to 2024

LHX Stock  USD 225.32  0.07  0.03%   
L3Harris Technologies Good Will yearly trend continues to be fairly 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 L3Harris Technologies 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
2001-06-30
Previous Quarter
20 B
Current Value
20.1 B
Quarterly Volatility
B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check L3Harris Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among L3Harris main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 336.9 M or Total Revenue of 20.6 B, as well as many exotic indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0241 or PTB Ratio of 1.84. L3Harris financial statements analysis is a perfect complement when working with L3Harris Technologies Valuation or Volatility modules.
  
This module can also supplement L3Harris Technologies' financial leverage analysis and stock options assessment as well as various L3Harris Technologies Technical models . Check out the analysis of L3Harris Technologies Correlation against competitors.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Latest L3Harris Technologies' Good Will Growth Pattern

Below is the plot of the Good Will of L3Harris Technologies 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. L3Harris Technologies' Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in L3Harris Technologies' overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

L3Harris Good Will Regression Statistics

Arithmetic Mean9,878,998,167
Geometric Mean5,784,537,145
Coefficient Of Variation81.89
Mean Deviation7,442,624,467
Median5,372,000,000
Standard Deviation8,090,310,235
Sample Variance65453119.7T
Range20.7B
R-Value0.92
Mean Square Error11242921.3T
R-Squared0.84
Slope1,658,512,348
Total Sum of Squares916343675.9T

L3Harris Good Will History

202420.9 B
202319.9 B
202217.3 B
202118.2 B
202018.9 B
201920 B
20185.3 B

About L3Harris Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include L3Harris Technologies income statement, its balance sheet, and the statement of cash flows. L3Harris Technologies investors use historical funamental indicators, such as L3Harris Technologies's Good Will, to determine how well the company is positioned to perform in the future. Although L3Harris Technologies investors may use each financial statement separately, they are all related. The changes in L3Harris Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on L3Harris Technologies'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 L3Harris Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in L3Harris Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will19.9 B20.9 B

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When determining whether L3Harris Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of L3Harris Technologies' 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 L3harris Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on L3harris Technologies Stock:
Check out the analysis of L3Harris Technologies Correlation against competitors.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.
Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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Is L3Harris Technologies' 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 L3Harris Technologies. If investors know L3Harris 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 L3Harris Technologies 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
(0.16)
Dividend Share
4.58
Earnings Share
6.15
Revenue Per Share
106.38
Quarterly Revenue Growth
0.166
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' 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 L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' 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 L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if L3Harris Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' 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.