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Hutchinson Technology (Hutchinson Technology) Goodwill : $0.0 Mil (As of Jun. 2016)


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What is Hutchinson Technology 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. Hutchinson Technology's goodwill for the quarter that ended in Jun. 2016 was $0.0 Mil.


Hutchinson Technology Goodwill Historical Data

The historical data trend for Hutchinson Technology'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.

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Hutchinson Technology Goodwill Chart

Hutchinson Technology Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
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Hutchinson Technology Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Hutchinson Technology 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.


Hutchinson Technology  (NAS:HTCH) 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.

Hutchinson Technology's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2015 is calculated as

Goodwill-to-Asset (A: Sep. 2015 )=Goodwill/Total Assets
=0/241.512
=0.00

Hutchinson Technology's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Goodwill-to-Asset (Q: Jun. 2016 )=Goodwill/Total Assets
=0/217.82
=0.00

* 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.


Hutchinson Technology Goodwill Related Terms

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Hutchinson Technology (Hutchinson Technology) Business Description

Traded in Other Exchanges
N/A
Address
Hutchinson Technology Inc was incorporated in Minnesota in the year 1965. The Company is a technology manufacturer that creates value by developing solutions to critical customer problems. The Company has one reportable segment namely the Disk Drive Components Division. Its Disk Drive Components Division is a supplier of suspension assemblies for hard disk drives. Its disk drive products are sold through the Company's account management team. Its competitors are Nihon Hatsujo Kabusikigaisha, Magnecomp Precision Technology Public Company Limited, and NAT Peripheral (H.K.) Co., Ltd. As of September 27, 2015, the Company had 216 US patents and 16 foreign patents. The Company's products are classified as medical devices and therefore are subject to governmental regulations.
Executives
Wayne M Fortun director, other: Chairman of the Board HUTCHINSON TECHNOLOGY INC, 40 WEST HIGHLAND PARK, HUTCHINSON MN 55350
Martha Goldberg Aronson director 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Russell Huffer director C/O APOGEE ENTERPRISES INC, 7900 XERXES AVE S STE 1000, MINNEAPOLIS MN 55431
Thomas R Verhage director 6513 CROWN COLONY PLACE #101, NAPLES FL 34108
Philip Soran director 12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Frank P Russomanno director C/O EMRISE CORPORATION, 2530 MERIDIAN PARKWAY, DURHAM NC 27713
William T Monahan director IMATION, 1 IMATION PL, OAKDALE MN 55128
Mark A Augusti director 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Gary Henley director 5677 AIRLINE ROAD, ARLINGTON TN 38002
Kathleen Skarvan officer: Senior VP, Pres of DDC Div 40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
Steve Polacek officer: Senior VP and CFO 4106 SUNNYSIDE ROAD, EDINA MN 55424
Archibald Jr Cox director 151 EAST 58TH STREET, #33F, NEW YORK NY 10022

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