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Finisar (Finisar) Goodwill : $107 Mil (As of Jul. 2019)


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What is Finisar 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. Finisar's goodwill for the quarter that ended in Jul. 2019 was $107 Mil.


Finisar Goodwill Historical Data

The historical data trend for Finisar'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.

Finisar Goodwill Chart

Finisar Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.74 106.74 106.74 106.74 106.74

Finisar Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 106.74 106.74 106.74 106.74 106.74

Finisar 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.


Finisar  (NAS:FNSR) 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.

Finisar's Goodwill-to-Asset Ratio for the fiscal year that ended in Apr. 2019 is calculated as

Goodwill-to-Asset (A: Apr. 2019 )=Goodwill/Total Assets
=106.74/2352.167
=0.05

Finisar's Goodwill-to-Asset Ratio for the quarter that ended in Jul. 2019 is calculated as

Goodwill-to-Asset (Q: Jul. 2019 )=Goodwill/Total Assets
=106.74/2394.929
=0.04

* 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.


Finisar Goodwill Related Terms

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Finisar (Finisar) Business Description

Traded in Other Exchanges
N/A
Address
1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089
Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.
Executives
Michael L Dreyer director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child director 125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet director
Jerry S Rawls director 1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens director 3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema officer: EVP & Chief Financial Officer 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston director, officer: CEO 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel director, officer: CEO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi director C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones director C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089