Zimmer Good Will from 2010 to 2024

ZBH Stock  USD 112.02  1.38  1.25%   
Zimmer Biomet's Good Will is increasing with slightly volatile movements from year to year. Good Will is predicted to flatten to about 6 B. Good Will is an intangible asset that arises when Zimmer Biomet Holdings 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
2003-06-30
Previous Quarter
8.8 B
Current Value
8.9 B
Quarterly Volatility
3.6 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zimmer Biomet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zimmer Biomet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 999.3 M, Interest Expense of 141.5 M or Selling General Administrative of 2 B, as well as many indicators such as Price To Sales Ratio of 4.51, Dividend Yield of 0.0157 or PTB Ratio of 1.93. Zimmer financial statements analysis is a perfect complement when working with Zimmer Biomet Valuation or Volatility modules.
  
Check out the analysis of Zimmer Biomet Correlation against competitors.

Latest Zimmer Biomet's Good Will Growth Pattern

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

Zimmer Good Will Regression Statistics

Arithmetic Mean6,931,312,667
Geometric Mean5,892,352,953
Coefficient Of Variation49.14
Mean Deviation3,080,038,133
Median8,818,500,000
Standard Deviation3,405,856,738
Sample Variance11599860.1T
Range8.5B
R-Value0.65
Mean Square Error7246599T
R-Squared0.42
Significance0.01
Slope493,501,536
Total Sum of Squares162398041.6T

Zimmer Good Will History

2024B
20238.8 B
20228.6 B
20218.9 B
20209.3 B
20199.6 B
20189.6 B

About Zimmer Biomet Financial Statements

Investors use fundamental indicators, such as Zimmer Biomet's Good Will, to determine how well the company is positioned to perform in the future. Although Zimmer Biomet'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 Will8.8 BB

Currently Active Assets on Macroaxis

When determining whether Zimmer Biomet Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zimmer Biomet's 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 Zimmer Biomet Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zimmer Biomet Holdings Stock:
Check out the analysis of Zimmer Biomet Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Equipment & Supplies 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 Zimmer Biomet. If investors know Zimmer 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 Zimmer Biomet 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
0.597
Dividend Share
0.96
Earnings Share
5.24
Revenue Per Share
37.006
Quarterly Revenue Growth
0.04
The market value of Zimmer Biomet Holdings is measured differently than its book value, which is the value of Zimmer that is recorded on the company's balance sheet. Investors also form their own opinion of Zimmer Biomet's value that differs from its market value or its book value, called intrinsic value, which is Zimmer Biomet'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 Zimmer Biomet's market value can be influenced by many factors that don't directly affect Zimmer Biomet'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 Zimmer Biomet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zimmer Biomet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zimmer Biomet'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.