Planet Good Will from 2010 to 2024

PLNT Stock  USD 101.02  0.55  0.54%   
Planet Fitness 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 Planet Fitness 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
2013-12-31
Previous Quarter
719.1 M
Current Value
719.1 M
Quarterly Volatility
231.8 M
 
Yuan Drop
 
Covid
Check Planet Fitness financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Fitness' main balance sheet or income statement drivers, such as Depreciation And Amortization of 156.9 M, Selling General Administrative of 66.1 M or Selling And Marketing Expenses of 44.3 M, as well as many indicators such as Price To Sales Ratio of 5.33, Dividend Yield of 8.0E-4 or Days Sales Outstanding of 34.69. Planet financial statements analysis is a perfect complement when working with Planet Fitness Valuation or Volatility modules.
  
Check out the analysis of Planet Fitness Correlation against competitors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Latest Planet Fitness' Good Will Growth Pattern

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

Planet Good Will Regression Statistics

Arithmetic Mean292,937,140
Geometric Mean241,042,435
Coefficient Of Variation76.82
Mean Deviation172,634,357
Median176,981,000
Standard Deviation225,036,500
Sample Variance50641.4T
Range596.2M
R-Value0.77
Mean Square Error22347.5T
R-Squared0.59
Significance0.0008
Slope38,658,892
Total Sum of Squares708980T

Planet Good Will History

2024753.4 M
2023717.5 M
2022702.7 M
2021228.6 M
2019227.8 M
2018199.5 M

About Planet Fitness Financial Statements

Planet Fitness shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although Planet Fitness investors may analyze each financial statement separately, they are all interrelated. The changes in Planet Fitness' assets and liabilities, for example, are also reflected in the revenues and expenses on on Planet Fitness' 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 Will717.5 M753.4 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Planet Stock Analysis

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