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AmTrust Financial Services (AmTrust Financial Services) Goodwill : $528 Mil (As of Sep. 2018)


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What is AmTrust Financial Services Goodwill?

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. AmTrust Financial Services's goodwill for the quarter that ended in Sep. 2018 was $528 Mil.


AmTrust Financial Services Goodwill Historical Data

The historical data trend for AmTrust Financial Services's Goodwill can be seen below:

* 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.

* Premium members only.

AmTrust Financial Services Goodwill Chart

AmTrust Financial Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 373.59 352.69 432.70 686.57 552.89

AmTrust Financial Services Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 790.42 552.89 534.40 529.50 528.40

AmTrust Financial Services Goodwill Calculation

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.


AmTrust Financial Services  (NAS:AFSI) 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.

AmTrust Financial Services's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Goodwill-to-Asset (A: Dec. 2017 )=Goodwill/Total Assets
=552.89/25218.63
=0.02

AmTrust Financial Services's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Goodwill-to-Asset (Q: Sep. 2018 )=Goodwill/Total Assets
=528.4/25689.9
=0.02

* 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.


AmTrust Financial Services Goodwill Related Terms

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AmTrust Financial Services (AmTrust Financial Services) Business Description

Address
59 Maiden Lane, 43rd Floor, New York, NY, USA, 10038
AmTrust Financial Services Inc is a multinational company that underwrites and provides property and casualty insurance products. The company specializes in coverage for small to mid-sized businesses, with a philosophical focus on niche diversity and low-hazard risk. AmTrust's business model strives to achieve its profit goals through geographic and product diversification. The company reports three business segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The vast majority of revenues is derived from its Small Commercial Business risk.
Executives
Chris C Stroup director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Shettle John F Jr director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Peter Dewey officer: Head of International C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Christopher Foy officer: Head of N. American Commercial C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Barry D Zyskind director, 10 percent owner, officer: Chairman, President and CEO C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Ariel Gorelik officer: SVP, Chief Information Officer C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Raul Rivera director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Adam Karkowsky officer: EVP, Chief Financial Officer C/O AMTRUST FINANCIAL SERVICES INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Stephen Ungar officer: SVP, GC and Secretary C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Susan Fisch director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
David Saks officer: EVP, Chief Legal Officer 59 MAIDEN LANE, NEW YORK NY 10038
Christopher Longo officer: EVP, Chief Operating Officer 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Abraham Gulkowitz director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Michael J Saxon officer: EVP - U.S. Commercial Lines C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Leah Karfunkel director, 10 percent owner C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038