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Cowen (COWN) Goodwill-to-Asset : 0.03 (As of Dec. 2022)


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What is Cowen Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Cowen's Goodwill for the quarter that ended in Dec. 2022 was $234 Mil. Cowen's Total Assets for the quarter that ended in Dec. 2022 was $8,829 Mil. Therefore, Cowen's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 was 0.03.


Cowen Goodwill-to-Asset Historical Data

The historical data trend for Cowen's Goodwill-to-Asset 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.

Cowen Goodwill-to-Asset Chart

Cowen Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.02 0.03 0.03

Cowen Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Goodwill-to-Asset 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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Cowen's Goodwill-to-Asset

For the Capital Markets subindustry, Cowen's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cowen's Goodwill-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cowen's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Cowen's Goodwill-to-Asset falls into.



Cowen Goodwill-to-Asset Calculation

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.

Cowen's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=234.01/8828.774
=0.03

Cowen's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill to Asset (Q: Dec. 2022 )=Goodwill/Total Assets
=234.01/8828.774
=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.


Cowen  (NAS:COWN) Goodwill-to-Asset Explanation

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.


Cowen Goodwill-to-Asset Related Terms

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Cowen (COWN) Business Description

Traded in Other Exchanges
N/A
Address
599 Lexington Avenue, 20th Floor, New York, NY, USA, 10022
Cowen provides financial services in two segments: the operating company, which includes Cowen Investment Management, investment banking, the markets division, and the research division; and the asset company, which consists of private investments, real estate investments and other legacy investment strategies. Cowen offers investment management services to institutional investors worldwide. The company offers its investment banking and research services to corporations and institutional investors in the U.S. and Europe. Revenue comes primarily through investment banking and brokerage services.
Executives
Lorence H. Kim director C/O SERES HEALTH, INC., 161 FIRST STREET, CAMBRIDGE MA 02472
Brett H Barth director COWEN INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Stephen Lasota officer: Chief Financial Officer 599 LEXINGTON AVENUE, NEW YORK NY 10022
John J Holmes officer: Chief Administrative Officer COWEN GROUP, INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Owen S Littman officer: General Counsel COWEN GROUP, INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Jeffrey M Solomon 10 percent owner, officer: Chmn Inv Comm/Prod Dev 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Gregg A Gonsalves director C/O CEDAR REALTY TRUST, INC., 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Lawrence E Leibowitz director C/O NYSE EURONEXT, 11 WALL STREET, NEW YORK NY 10005
Margaret L Poster director C/O COWEN INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Peter A Cohen director, 10 percent owner, officer: Chairman, CEO, President 40 WEST 57TH STREET, SUITE 2020, NEW YORK NY 10019
Douglas Rediker director 599 LEXINGON AVENUE, NEW YORK NY 11022
Michael Singer officer: CEO & President, Ramius LLC 599 LEXINGTON AVENUE, NEW YORK NY 10022
Jerome S Markowitz director C/O COUGAR TRADING, 375 PARK AVENUE, NEW YORK NY 10021
Labranche George M L Iv director, officer: Senior Managing Director ONE EXCHANGE PLAZA, NEW YORK NY 10006-3008
Labranche & Co Inc other: See Footnotes (1) and (2) ONE EXCHANGE PLAZA, NEW YORK NY 10006-3008