A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. American Campus Communities's goodwill for the quarter that ended in Mar. 2022 was $0 Mil.
American Campus Communities Goodwill Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.
American Campus Communities (NYSE:ACC) Goodwill Explanation
Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.
It is calculated by dividing goodwill by total assets.
American Campus Communities's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
American Campus Communities Goodwill Related Terms
Thank you for viewing the detailed overview of American Campus Communities's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
American Campus Communities (American Campus Communities) Business Description
American Campus Communities Inc or ACC, is a real estate investment trust engaged in the acquisition, management, and development of student housing properties near universities and colleges throughout the United States. The company segments its activities into Owned properties, On-campus participating properties, Development services, and Property management services. The vast majority of ACC's real estate portfolio is made up of wholly-owned properties in terms of total units. The company also derives nearly all of its income in the form of rental revenue from leasing its wholly-owned real estate assets to students through short-term leases. ACC is one of the owners of student housing properties in the U.S. in terms of the total number of beds owned.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ACC has been successfully added to your 