ROC Energy Acquisition (ROC Energy Acquisition) Goodwill

: $0.00 Mil (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

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. ROC Energy Acquisition's goodwill for the quarter that ended in Mar. 2023 was $0.00 Mil.

ROC Energy Acquisition Goodwill Historical Data

The historical data trend for ROC Energy Acquisition'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.

ROC Energy Acquisition Annual Data

Trend

Dec21

Dec22

Goodwill

ROC Energy Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Goodwill			-	-	-	-	-

ROC Energy Acquisition 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.

ROC Energy Acquisition (NAS:ROC) 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.

ROC Energy Acquisition'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	/	213.858
	=

ROC Energy Acquisition's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill-to-Asset (Q: Mar. 2023 )	=	Goodwill	/	Total Assets
	=	0	/	217.911
	=

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.

ROC Energy Acquisition Goodwill Related Terms

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

ROC Energy Acquisition (ROC Energy Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ROC Energy Acquisition Corp (NAS:ROC) » Definitions » Goodwill

Comparable Companies

Traded in Other Exchanges

N/A

Address

16400 Dallas Parkway, Dallas, TX, USA, 75248

Website

ROC Energy Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Thomas O Hicks	director, 10 percent owner	2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
David Richard Johnson	officer: Chief Financial Officer	27215 SYMPHONY CREEK LN, FULSHEAR TX 77441
Robert Wayne Prejean	director, officer: CEO, President	3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Domino Michael Wayne Jr.	officer: President, DTR Division	3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Vermillion Charles Richard Jr.	director	4605 POST OAK PLACE #202, HOUSTON TX 77027
L.p. Hhep-directional,	10 percent owner	2200 ROSS AVENUE, 50TH FLOOR, DALLAS TX 75201
Curt L. Crofford	director	100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Thomas Monroe Patterson	director	801 CHERRY STREET, SUITE 2100, FORT WORTH TX 76102
Eric C Neuman	director	100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jack D Furst	director	2591 LAKESIDE PARKWAY, SUITE 100, FLOWER MOUND TX 75022
Brian Minnehan	director	5221 N. O'CONNOR BLVD SUITE 1100, IRVING TX 75039
Roc Energy Holdings, Llc	10 percent owner	16400 DALLAS PARKWAY, DALLAS TX 75248
Daniel Jeffrey Kimes	director, officer: Chief Executive Officer	16400 DALLAS PARKWAY, DALLAS TX 75248
Joseph Drysdale	director	16400 DALLAS PARKWAY, DALLAS TX 75248
Win Graham	director	16400 DALLAS PARKWAY, DALLAS TX 75248