Cemtrex Good Will from 2010 to 2024

CETX Stock  USD 3.20  0.66  17.10%   
Cemtrex Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 2.9 M in 2024. Good Will is an intangible asset that arises when Cemtrex 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
2008-06-30
Previous Quarter
4.4 M
Current Value
4.2 M
Quarterly Volatility
2.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 4.59, Dividend Yield of 2.0E-4 or PTB Ratio of 35.46. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
  
Check out the analysis of Cemtrex Correlation against competitors.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Latest Cemtrex's Good Will Growth Pattern

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

Cemtrex Good Will Regression Statistics

Arithmetic Mean2,845,362
Geometric Mean0.00
Coefficient Of Variation81.78
Mean Deviation1,928,447
Median3,322,818
Standard Deviation2,327,020
Sample Variance5.4T
Range7.8M
R-Value0.80
Mean Square Error2.1T
R-Squared0.64
Significance0.0004
Slope415,081
Total Sum of Squares75.8T

Cemtrex Good Will History

20242.9 M
2023M
20224.4 M
20214.5 M
20207.8 M
20184.4 M

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Good Will, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good WillM2.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Cemtrex Stock Analysis

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