Eterna Good Will from 2010 to 2024

ERNA Stock  USD 0.32  0.03  9.66%   
Eterna Therapeutics' Good Will is increasing over the years with slightly volatile fluctuation. Good Will is expected to dwindle to about 1.4 M. Good Will is an intangible asset that arises when Eterna Therapeutics 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
2006-06-30
Previous Quarter
M
Current Value
M
Quarterly Volatility
587.2 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eterna Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eterna Therapeutics' main balance sheet or income statement drivers, such as Total Revenue of 64.6 K, Other Operating Expenses of 20 M or Total Operating Expenses of 19.3 M, as well as many indicators such as Price To Sales Ratio of 133, Dividend Yield of 0.0018 or PTB Ratio of 4.42. Eterna financial statements analysis is a perfect complement when working with Eterna Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Eterna Therapeutics Correlation against competitors.
For information on how to trade Eterna Stock refer to our How to Trade Eterna Stock guide.

Latest Eterna Therapeutics' Good Will Growth Pattern

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

Eterna Good Will Regression Statistics

Arithmetic Mean1,344,253
Geometric Mean1,251,794
Coefficient Of Variation39.53
Mean Deviation424,071
Median1,236,000
Standard Deviation531,428
Sample Variance282.4B
Range1.7M
R-Value0.52
Mean Square Error223.2B
R-Squared0.27
Significance0.05
Slope61,307
Total Sum of Squares4T

Eterna Good Will History

20241.4 M
20232.4 M
2020M
2019696 K
2018667 K
2017M
2016937 K

About Eterna Therapeutics Financial Statements

Eterna Therapeutics stakeholders use historical fundamental indicators, such as Eterna Therapeutics' Good Will, to determine how well the company is positioned to perform in the future. Although Eterna Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eterna Therapeutics' assets and liabilities are reflected in the revenues and expenses on Eterna Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eterna Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will2.4 M1.4 M

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When determining whether Eterna Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eterna Therapeutics' 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 Eterna Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eterna Therapeutics Stock:
Check out the analysis of Eterna Therapeutics Correlation against competitors.
For information on how to trade Eterna Stock refer to our How to Trade Eterna Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Biotechnology 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 Eterna Therapeutics. If investors know Eterna 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 Eterna Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.31)
Revenue Per Share
0.03
Return On Assets
(0.29)
Return On Equity
(11.54)
The market value of Eterna Therapeutics is measured differently than its book value, which is the value of Eterna that is recorded on the company's balance sheet. Investors also form their own opinion of Eterna Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Eterna Therapeutics' 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 Eterna Therapeutics' market value can be influenced by many factors that don't directly affect Eterna Therapeutics' 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 Eterna Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eterna Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eterna Therapeutics' 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.