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Village Super Market (Village Super Market) Goodwill : $24 Mil (As of Jan. 2024)


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What is Village Super Market 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. Village Super Market's goodwill for the quarter that ended in Jan. 2024 was $24 Mil.


Village Super Market Goodwill Historical Data

The historical data trend for Village Super Market'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.

Village Super Market Goodwill Chart

Village Super Market Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.65 24.19 24.19 24.19 24.19

Village Super Market Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 24.19 24.19 24.19 24.19 24.19

Village Super Market 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.


Village Super Market  (NAS:VLGEA) 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.

Village Super Market's Goodwill-to-Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Goodwill-to-Asset (A: Jul. 2023 )=Goodwill/Total Assets
=24.19/967.706
=0.02

Village Super Market's Goodwill-to-Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Goodwill-to-Asset (Q: Jan. 2024 )=Goodwill/Total Assets
=24.19/970.42
=0.02

* 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.


Village Super Market Goodwill Related Terms

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


Village Super Market (Village Super Market) Business Description

Traded in Other Exchanges
Address
733 Mountain Avenue, Springfield, NJ, USA, 07081
Village Super Market Inc operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating segment, the retail sale of food and nonfood products.
Executives
William Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Perry J. Blatt director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Prasad Pola director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Van Orden John L officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Kevin Begley officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Peter Lavoy director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
David Judge director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Luigi Perri officer: Controller 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Estate Of Perry Sumas 10 percent owner C/O PATRICIA ANAGNOSTIS, 148 KENT PLACE BLVD., SUMMIT NJ 07901
Steven Crystal director 733 MOUNTAIN AVENUE, - - - - - - - - - -, SPRINGFIELD NJ 07081
Stephen Rooney director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Robert Sumas director, 10 percent owner, officer: EVP, Secretary 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John James Sumas officer: VP & General Counsel 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Nicholas James Sumas officer: VP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081

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