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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. Investment Technology Group's goodwill for the quarter that ended in Sep. 2018 was $10.7 Mil.
The historical data trend for Investment Technology Group'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.
Investment Technology Group Annual Data | |||||||||||||||||||||
Trend | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | |||||||||||
Goodwill | Get a 7-Day Free Trial | - | 12.80 | 11.93 | 10.10 | 11.05 |
Investment Technology Group Quarterly Data | ||||||||||||||||||||
Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | |
Goodwill | Get a 7-Day Free Trial | 10.96 | 11.05 | 11.47 | 10.79 | 10.66 |
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.
Investment Technology Group (NYSE:ITG) 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.
Investment Technology Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as
Goodwill-to-Asset (A: Dec. 2017 ) | = | Goodwill | / | Total Assets |
= | 11.05 | / | 784.856 | |
= | 0.01 |
Investment Technology Group's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2018 is calculated as
Goodwill-to-Asset (Q: Sep. 2018 ) | = | Goodwill | / | Total Assets |
= | 10.66 | / | 891.759 | |
= | 0.01 |
* 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 Investment Technology Group's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Lee Shavel | director | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
Brian G. Cartwright | director | 3760 KILROY AIRPORT WAY SUITE 300, LONG BEACH CA 90806 |
R Jarrett Lilien | director | 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119 |
Kevin J Lynch | director | 201 POST STREET, SUITE 1000, SAN FRANCISCO CA 94108 |
T Kelley Millet | director | ITG INC., ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006 |
Christopher V Dodds | director | ITG INC., ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006 |
D. E. Shaw & Co, L.p. | 10 percent owner, other: See footnotes 1 and 2 | 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036 |
David E Shaw | 10 percent owner, other: See footnotes 1 and 2 | 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036 |
D. E. Shaw & Co, L.l.c. | 10 percent owner, other: See footnotes 1 and 2 | 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036 |
D. E. Shaw Laminar Portfolios, L.l.c. | 10 percent owner, other: See footnotes 1 and 2. | 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036 |
William I Jacobs | director | C/O MASTERCARD INTERNATIONAL INC, 2000 PURCHASE ST, PUCHASE NY 10577-2509 |
Killian Raymond L Jr | director | C/O INVESTMENT TECHNOLOGY GROUP INC, 900 THIRD AVE, NEW YORK NY 10022 |
Mark A Wolfson | director | C/O ARBOR INVESTORS, 2460 SAND HILL RD STE 300, MENLO PARK CA 94025 |
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