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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. Getty Realty's goodwill for the quarter that ended in Dec. 2023 was $0.0 Mil.
The historical data trend for Getty Realty'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.
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.
Getty Realty (NYSE:GTY) 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.
Getty Realty's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Goodwill-to-Asset (A: Dec. 2023 ) | = | Goodwill | / | Total Assets |
= | 0 | / | 1822.305 | |
= | 0.00 |
Getty Realty's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as
Goodwill-to-Asset (Q: Dec. 2023 ) | = | Goodwill | / | Total Assets |
= | 0 | / | 1822.305 | |
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of Getty Realty's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Evelyn Leon Infurna | director | 292 MADISON AVE., 9TH FLOOR, NEW YORK NY 10017-6318 |
Brian Robert Dickman | officer: EVP, CFO and Treasurer | 411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009 |
Leo Liebowitz | director, 10 percent owner, officer: Pres. & CEO | 2 JERICHO PLAZA, JERICHO NY 11753 |
Coviello Philip E Jr | director | GETTY REALTY CORP, 2 JERICHO PLAZA, STE 110, JERICHO NY 11753 |
Mary Louise Malanoski | director | 44 BARROW STREET, NEW YORK NY 10014 |
Richard E Montag | director | C/O GETTY REALTY CORP., 2 JERICHO PLAZA, STE 110, JERICHO NY 11753 |
Mark James Olear | officer: Exec VP & Chief Operating Ofc | C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753 |
Danion Fielding | officer: VP, CFO & Treasurer | TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753 |
Eugene Shnayderman | officer: See Remarks | TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753 |
Christopher J Constant | director, officer: President & CEO | 2 JERICHO PLAZA, STE 110, JERICHO NY 11753 |
Joshua Dicker | officer: Ex VP, Gen Counsel & Secretary | C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753 |
Milton Cooper | director | C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100, HYDE PARK NY 11042 |
James Russell Craig | officer: Vice President | 125 JERICHO TPKE, SUITE 103, JERICHO NY 11753 |
David B Driscoll | director | C/O MORGAN JOSEPH & CO., INC., 600 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10020-2302 |
Warren Wintrub | director |
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