MediciNova Good Will from 2010 to 2024

MNOV Stock  USD 2.28  0.75  49.02%   
MediciNova Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 10.5 M in 2024. Good Will is an intangible asset that arises when MediciNova 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
2009-12-31
Previous Quarter
9.6 M
Current Value
9.6 M
Quarterly Volatility
92.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MediciNova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MediciNova's main balance sheet or income statement drivers, such as Interest Expense of 679.1 K, Other Operating Expenses of 14.5 M or Research Development of 7.9 M, as well as many indicators such as Price To Sales Ratio of 107, Dividend Yield of 0.0 or PTB Ratio of 1.63. MediciNova financial statements analysis is a perfect complement when working with MediciNova Valuation or Volatility modules.
  
Check out the analysis of MediciNova Correlation against competitors.
For more information on how to buy MediciNova Stock please use our How to Invest in MediciNova guide.

Latest MediciNova's Good Will Growth Pattern

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

MediciNova Good Will Regression Statistics

Arithmetic Mean9,727,469
Geometric Mean9,718,081
Coefficient Of Variation4.68
Mean Deviation281,602
Median9,600,240
Standard Deviation455,049
Sample Variance207.1B
Range1.9M
R-Value0.64
Mean Square Error130.7B
R-Squared0.41
Significance0.01
Slope65,470
Total Sum of Squares2.9T

MediciNova Good Will History

202410.5 M
202311 M
20159.6 M
20119.6 M
20109.1 M

About MediciNova Financial Statements

MediciNova investors use historical fundamental indicators, such as MediciNova's Good Will, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MediciNova. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will11 M10.5 M

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Additional Tools for MediciNova Stock Analysis

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