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DatChat (DatChat) Goodwill : $0.00 Mil (As of Mar. 2024)


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What is DatChat 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. DatChat's goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil.


DatChat Goodwill Historical Data

The historical data trend for DatChat'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.

DatChat Goodwill Chart

DatChat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
- - - - -

DatChat Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

DatChat 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.


DatChat  (NAS:DATS) 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.

DatChat'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
=0/6.507
=0.00

DatChat's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=0/6.425
=

* 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.


DatChat Goodwill Related Terms

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DatChat (DatChat) Business Description

Traded in Other Exchanges
N/A
Address
204 Nielsen Street, New Brunswick, NJ, USA, 08901
DatChat Inc is a blockchain, cybersecurity, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. Its mobile messaging application is called DatChat Messenger which is a free messaging application.
Executives
Darin M Myman officer: Chief Executive Officer BIGSTRING CORPORATION, 3 HARDING ROAD, SUITE F, RED BANK NJ 07701
Brett Blumberg officer: Chief Financial Officer 204 NEILSON STREET, NEW BRUNSWICK NJ 08901
Wayne Linsley director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Carly Schumer director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Dan Zeno officer: Chief Operating Officer 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Joseph Eugene Nelson director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Vadim Mats officer: CHIEF FINANCIAL OFFICER 285 GRAND AVENUE, ENGLEWOOD NJ 07631
Peter Shelus director, officer: CHIEF TECHNOLOGY OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Gabriel Daniels officer: CHIEF INFORMATION OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901