Pure Good Will from 2010 to 2024

PSTG Stock  USD 63.65  1.75  2.68%   
Pure Storage's Good Will is increasing over the last several years with slightly volatile swings. Good Will is estimated to finish at about 436.4 M this year. Good Will is an intangible asset that arises when Pure Storage 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
2015-10-31
Previous Quarter
361.4 M
Current Value
361.4 M
Quarterly Volatility
176.4 M
 
Yuan Drop
 
Covid
Check Pure Storage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pure Storage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 70.3 M, Interest Expense of 10.6 M or Selling General Administrative of 145.7 M, as well as many indicators such as Price To Sales Ratio of 3.76, Dividend Yield of 0.0 or PTB Ratio of 8.44. Pure financial statements analysis is a perfect complement when working with Pure Storage Valuation or Volatility modules.
  
Check out the analysis of Pure Storage Correlation against competitors.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.

Latest Pure Storage's Good Will Growth Pattern

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

Pure Good Will Regression Statistics

Arithmetic Mean131,969,610
Geometric Mean0.00
Coefficient Of Variation141.98
Mean Deviation169,482,014
Median0.00
Standard Deviation187,374,518
Sample Variance35109.2T
Range436.4M
R-Value0.85
Mean Square Error10593.6T
R-Squared0.72
Significance0.000064
Slope35,547,357
Total Sum of Squares491528.9T

Pure Good Will History

2024436.4 M
2023415.6 M
2022361.4 M
2020358.7 M
201937.6 M
201811 M

About Pure Storage Financial Statements

Pure Storage stakeholders use historical fundamental indicators, such as Pure Storage's Good Will, to determine how well the company is positioned to perform in the future. Although Pure Storage investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pure Storage's assets and liabilities are reflected in the revenues and expenses on Pure Storage's 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 Pure Storage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will415.6 M436.4 M

Currently Active Assets on Macroaxis

When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:
Check out the analysis of Pure Storage Correlation against competitors.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Technology Hardware, Storage & Peripherals 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 Pure Storage. If investors know Pure 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 Pure Storage 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
(0.14)
Earnings Share
0.39
Revenue Per Share
9.4
Quarterly Revenue Growth
0.109
Return On Assets
0.0267
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.