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Hersha Hospitality Trust (Hersha Hospitality Trust) Goodwill : $0.0 Mil (As of Sep. 2023)


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What is Hersha Hospitality Trust 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. Hersha Hospitality Trust's goodwill for the quarter that ended in Sep. 2023 was $0.0 Mil.


Hersha Hospitality Trust Goodwill Historical Data

The historical data trend for Hersha Hospitality Trust'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.

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Hersha Hospitality Trust Goodwill Chart

Hersha Hospitality Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill
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Hersha Hospitality Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Hersha Hospitality Trust 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.


Hersha Hospitality Trust  (NYSE:HT) 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.

Hersha Hospitality Trust's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/1488.877
=0.00

Hersha Hospitality Trust's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill-to-Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/1388.458
=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.


Hersha Hospitality Trust Goodwill Related Terms

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Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

Traded in Other Exchanges
N/A
Address
44 Hersha Drive, Harrisburg, PA, USA, 17102
Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.
Executives
Hutchison Thomas J Iii director 44 HERSHA DRIVE, HARRISBURG PA 17102
Michael R Gillespie officer: Chief Accounting Officer 44 HERSHA DRIVE, HARRISBURG PA 17102
Michael A Leven director 2500 PEACHTREE ROAD, APT 801, ATLANTA GA 30305
Ashish R Parikh officer: Chief Financial Officer 44 HERSHA DRIVE, HARRISBURG PA 17102
Jay H Shah director, officer: Chief Executive Officer, other: Trustee 44 HERSHA DRIVE, HARRISBURG PA 17102
Neil H Shah officer: President and COO 44 HERSHA DRIVE, HARRISBURG PA 17102
Hasu P Shah director, officer: Chairman of the Board 44 HERSHA DRIVE, HARRISBURG PA 17102
Donald J Landry director 1492 LAKESHORE BLVD, SLIDELL LA 70461
David L Desfor officer: Treasurer & Corp. Secretary 44 HERSHA DRIVE, HARRISBURG PA 17102
John Sabin director 44 HERSHA DRIVE, HARRISBURG PA 17102
Jackson Hsieh director 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Kiran P Patel director 44 HERSHA DRIVE, HARRISBURG PA 17102
Dianna Morgan director 909 SILVER LAKE BLVD, DOVER DE 19904
Ifis Ltd 10 percent owner FLORIDA 537, PISO 18?, BUENOS AIRES C1 C1005AAK
Eduardo S Elsztain 10 percent owner, other: Former Director BOLIVAR 108 1??P, BUENOS AIRES C1 00000

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