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AmpliTech Group (AmpliTech Group) Goodwill : $4.70 Mil (As of Dec. 2023)


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What is AmpliTech Group 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. AmpliTech Group's goodwill for the quarter that ended in Dec. 2023 was $4.70 Mil.


AmpliTech Group Goodwill Historical Data

The historical data trend for AmpliTech 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.

* Premium members only.

AmpliTech Group Goodwill Chart

AmpliTech Group 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 0.12 0.12 4.82 4.70 4.70

AmpliTech Group 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 4.70 4.70 4.70 4.70 4.70

AmpliTech Group 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.


AmpliTech Group  (NAS:AMPG) 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.

AmpliTech Group'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
=4.7/31.408
=0.15

AmpliTech Group'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
=4.7/31.408
=0.15

* 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.


AmpliTech Group Goodwill Related Terms

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AmpliTech Group (AmpliTech Group) Business Description

Traded in Other Exchanges
N/A
Address
155 Plant Avenue, Hauppauge, NY, USA, 11788
AmpliTech Group Inc designs, develop, engineers, & assembles micro-wave component-based amplifiers that meet individual customer specifications. Its products consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters, & custom assemblies such as MMIC (Monolithic Microwave Integrated Circuit) and MIC (Microwave Integrated Circuit) designs. It also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.
Executives
Daniel Richard Mazziota director C/O AMPLITECH, INC., 155 PLANT AVENUE, HAUPPAUGE NY 11788
Jorge Luis Flores officer: Chief Operating Officer 155 PLANT AVENUE, HAUPPAUGE NY 11788
Fawad Maqbool director, 10 percent owner, officer: President, CEO and Secretary C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Joseph Kappers director C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Louisa Sanfratello officer: Chief Financial Officer 155 PLANT AVENUE, HAUPPAUGE NY 11788
Wayne Stephen Homschek director 535 FIFTH ST., 22ND FLOOR, NEW YORK NY 10017
Andrew Dylan Lee director C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Microphase Corp 10 percent owner 100 TRAP FALLS ROAD EXTENSION,, SUITE 400, SHELTON CT 06484

AmpliTech Group (AmpliTech Group) Headlines

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