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Infinity Property and Casualty (Infinity Property and Casualty) Goodwill : $75 Mil (As of Mar. 2018)


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What is Infinity Property and Casualty 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. Infinity Property and Casualty's goodwill for the quarter that ended in Mar. 2018 was $75 Mil.


Infinity Property and Casualty Goodwill Historical Data

The historical data trend for Infinity Property and Casualty'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.

Infinity Property and Casualty Goodwill Chart

Infinity Property and Casualty Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.28 75.28 75.28 75.28 75.28

Infinity Property and Casualty Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 75.28 75.28 75.28 75.28 75.28

Infinity Property and Casualty 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.


Infinity Property and Casualty  (NAS:IPCC) 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.

Infinity Property and Casualty's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Goodwill-to-Asset (A: Dec. 2017 )=Goodwill/Total Assets
=75.28/2473.411
=0.03

Infinity Property and Casualty's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

Goodwill-to-Asset (Q: Mar. 2018 )=Goodwill/Total Assets
=75.28/2551.466
=0.03

* 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.


Infinity Property and Casualty Goodwill Related Terms

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Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Traded in Other Exchanges
N/A
Address
Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.
Executives
Robert H. Bateman officer: Executive VP, CFO & Treasurer ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo director
E Robert Meaney director
Angela Brock-kyle director 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman director C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes director P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph director 301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner 10 percent owner
S Craig Lindner 10 percent owner ONE EAST FOURTH STREET, CINCINNATI OH 45202

Infinity Property and Casualty (Infinity Property and Casualty) Headlines