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Verisk Analytics (Verisk Analytics) Goodwill : $1,761 Mil (As of Dec. 2023)


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What is Verisk Analytics 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. Verisk Analytics's goodwill for the quarter that ended in Dec. 2023 was $1,761 Mil.


Verisk Analytics Goodwill Historical Data

The historical data trend for Verisk Analytics'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.

Verisk Analytics Goodwill Chart

Verisk Analytics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,864.30 4,108.10 2,047.60 1,676.00 1,760.80

Verisk Analytics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,676.00 1,705.50 1,755.20 1,731.80 1,760.80

Verisk Analytics 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.


Verisk Analytics  (NAS:VRSK) 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.

Verisk Analytics's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1760.8/4366.1
=0.40

Verisk Analytics's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=1760.8/4366.1
=0.40

* 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.


Verisk Analytics Goodwill Related Terms

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Verisk Analytics (Verisk Analytics) Business Description

Address
545 Washington Boulevard, Jersey City, NJ, USA, 07310-1686
Verisk Analytics is the leading provider of statistical, actuarial, and underwriting data for the United States' property and casualty insurance industry. Verisk leverages a vast contributory database and proprietary data assets to develop analytical tools helping insurance providers to better assess and price risk, achieve operational efficiency and optimize claim settlement processes. While Verisk also offers tools to quantify costs after loss events occur and to detect fraudulent activity, it is expanding into adjacent markets of life insurance, marketing, and non-U.S. operations.
Executives
Nicholas Daffan officer: Chief Information Officer C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Samuel G Liss director VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Bruce Edward Hansen director 17732 VINEYARD LANE, POWAY CA 92064
Wendy E Lane director
David J. Grover officer: Chief Accounting Officer C/O VERISK ANALYSIS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Christopher M Foskett director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
David B Wright director C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kathy Card Beckles officer: EVP, Gen Counsel and Corp Sec C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 073I0
Elizabeth Mann officer: Chief Financial Officer C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Olumide Soroye director 6920 SEAWAY BLVD., EVERETT WA 98203
Lee Shavel officer: EVP and CFO ONE LIBERTY PLAZA, NEW YORK NY 10006
Jeffrey J Dailey director 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Kimberly S Stevenson director 199 FREMONT STREET, 7TH FLOOR, SAN FRANCISCO CA 94105
Scott G Stephenson officer: EVP & COO C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686

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