GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthStream Inc (NAS:HSTM) » Definitions » Goodwill

HealthStream (HealthStream) Goodwill : $255.5 Mil (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is HealthStream 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. HealthStream's goodwill for the quarter that ended in Mar. 2024 was $255.5 Mil.


HealthStream Goodwill Historical Data

The historical data trend for HealthStream'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.

HealthStream Goodwill Chart

HealthStream Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.20 178.44 182.50 192.40 191.38

HealthStream Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 191.10 191.35 191.04 191.38 255.52

HealthStream 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.


HealthStream  (NAS:HSTM) 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.

HealthStream'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
=191.38/499.942
=0.38

HealthStream's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=255.52/511.605
=0.50

* 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.


HealthStream Goodwill Related Terms

Thank you for viewing the detailed overview of HealthStream's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


HealthStream (HealthStream) Business Description

Traded in Other Exchanges
Address
500 11th Avenue North, Suite 1000, Nashville, TN, USA, 37203
HealthStream Inc provides workforce and provider solutions for healthcare organizations. Its reportable segments include Workforce Solutions and Provider Solutions. Workforce development solutions consist of SaaS, subscription-based products that are used by healthcare organizations. Its Provider Solutions products offer healthcare organizations software applications for administering and tracking provider credentialing, privileging, call center and enrollment activities. The company generates a majority of its revenue from the Workforce solutions segment.
Executives
Amir Alex Jahangir director 500 11TH AVENUE NORTH, SUITE 1000, NASHVILLE TN 37203
J Edward Pearson officer: Senior Vice President
Tate Deborah Taylor director 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Jeffrey L Mclaren director 209 10TH AVE SOUTH STE 450, NASHVILLE TN 37203
Michael Scott Mcquigg officer: Senior VP, hStream Solutions 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Terry Allison Rappuhn director P O BOX 58062, NASHVILLE TN 37205
Frank Gordon director 3102 WEST END AVE., SUITE 650, NASHVILLE TN 37203
Frist Robert A Jr 10 percent owner, officer: CEO 211 CRAIGHEAD AVE, NASHVILLE TN 37205
Scott Fenstermacher officer: Senior Vice President 500 11TH AVENUE NORTH, SUITE 1000, NASHVILLE TN 37203
Linda Rebrovick director 511 UNION STREET, SUITE 1900, NASHVILLE TN 37219
C Martin Harris director
Scott Alexander Roberts officer: Interim CFO 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Trisha L Coady officer: SVP & GM, Clinical Solutions 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Hayden Gerard M Jr director C/O PRIVATE BUSINESS INC, P O BOX 1603, BRENTWOOD TN 37024
Michael Sousa officer: Senior Vice President 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203