GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Independence Bancshares Inc (OTCPK:IEBS) » Definitions » Goodwill

Independence Bancshares (Independence Bancshares) Goodwill : $0.00 Mil (As of Sep. 2017)


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

What is Independence Bancshares 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. Independence Bancshares's goodwill for the quarter that ended in Sep. 2017 was $0.00 Mil.


Independence Bancshares Goodwill Historical Data

The historical data trend for Independence Bancshares'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.

Independence Bancshares Goodwill Chart

Independence Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Independence Bancshares Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - - - -

Independence Bancshares 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.


Independence Bancshares  (OTCPK:IEBS) 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.

Independence Bancshares's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Goodwill-to-Asset (A: Dec. 2016 )=Goodwill/Total Assets
=0/90.449
=0.00

Independence Bancshares's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

Goodwill-to-Asset (Q: Sep. 2017 )=Goodwill/Total Assets
=0/86.173
=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.


Independence Bancshares Goodwill Related Terms

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


Independence Bancshares (Independence Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Independence Bancshares Inc is a holding company for Independence National Bank. The company operates through four segments: Community Banking, Transaction Services, Asset Management and Parent Only. Most of its revenue is derived from the Community Banking segment. The bank is engaged in the business of banking and providing services related to banking, including accepting demand deposits and saving deposits and providing commercial, consumer and mortgage loans.
Executives
Robert B Willumstad director CITIGROUP INC/CORP LAW DEPT, 425 PARK AVE 2ND FL, NEW YORK NY 10043
Adam Gabriel Hurwich director C/O FIRST SECURITY GROUP, INC. 531 BROAD STREET CHATTANOOGA TN 37402
Keith Stock director 1819 A WEST ST ANNAPOLIS MD 21401
Russell Echlov director 500 E WASHINGTON ST, GREENVILLE SC 29601
Gordon A Baird director, officer: CHIEF EXECUTIVE OFFICER C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Mclean A A Iii director P O BOX 6429, GREENVILLE SC 296066429

Independence Bancshares (Independence Bancshares) Headlines

No Headlines