Target Good Will from 2010 to 2024

TH Stock  USD 9.62  0.08  0.84%   
Target Hospitality's Good Will is increasing with slightly volatile movements from year to year. Good Will is predicted to flatten to about 38.9 M. Good Will is an intangible asset that arises when Target Hospitality Corp 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
2018-03-31
Previous Quarter
41 M
Current Value
41 M
Quarterly Volatility
10.5 M
 
Covid
Check Target Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target Hospitality's main balance sheet or income statement drivers, such as Interest Expense of 27.4 M, Selling General Administrative of 43.6 M or Total Revenue of 333.8 M, as well as many indicators such as Price To Sales Ratio of 2.11, Dividend Yield of 0.0497 or PTB Ratio of 2.48. Target financial statements analysis is a perfect complement when working with Target Hospitality Valuation or Volatility modules.
  
Check out the analysis of Target Hospitality Correlation against competitors.

Latest Target Hospitality's Good Will Growth Pattern

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

Target Good Will Regression Statistics

Arithmetic Mean23,261,890
Geometric Mean17,121,144
Coefficient Of Variation73.09
Mean Deviation16,210,016
Median8,065,000
Standard Deviation17,003,085
Sample Variance289.1T
Range39.1M
R-Value0.88
Mean Square Error69.5T
R-Squared0.78
Significance0.000014
Slope3,350,831
Total Sum of Squares4047.5T

Target Good Will History

202438.9 M
202347.2 M
201941 M
201834.2 M

About Target Hospitality Financial Statements

Investors use fundamental indicators, such as Target Hospitality's Good Will, to determine how well the company is positioned to perform in the future. Although Target Hospitality's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Good Will47.2 M38.9 M

Currently Active Assets on Macroaxis

Check out the analysis of Target Hospitality Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Hotels, Resorts & Cruise Lines 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 Target Hospitality. If investors know Target 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 Target Hospitality 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
(0.54)
Earnings Share
0.87
Revenue Per Share
4.256
Quarterly Revenue Growth
(0.35)
Return On Assets
0.1237
The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality'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 Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality'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 Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Hospitality'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.