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Cincinnati Bell (Cincinnati Bell) Goodwill : $163 Mil (As of Jun. 2021)


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What is Cincinnati Bell 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. Cincinnati Bell's goodwill for the quarter that ended in Jun. 2021 was $163 Mil.


Cincinnati Bell Goodwill Historical Data

The historical data trend for Cincinnati Bell'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.

Cincinnati Bell Goodwill Chart

Cincinnati Bell Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 151.00 157.00 160.50 161.50

Cincinnati Bell Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 158.30 159.30 161.50 162.00 162.80

Cincinnati Bell 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.


Cincinnati Bell  (NYSE:CBB) 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.

Cincinnati Bell's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill-to-Asset (A: Dec. 2020 )=Goodwill/Total Assets
=161.5/2668.6
=0.06

Cincinnati Bell's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Goodwill-to-Asset (Q: Jun. 2021 )=Goodwill/Total Assets
=162.8/2600.4
=0.06

* 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.


Cincinnati Bell Goodwill Related Terms

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Cincinnati Bell (Cincinnati Bell) Business Description

Traded in Other Exchanges
N/A
Address
221 East Fourth Street, Cincinnati, OH, USA, 45202
Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.
Executives
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz director P O BOX 2301, CINCINNATI OH 45201
Craig F Maier director P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching director 822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr director 822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck director, Director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox officer: Chief Executive Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth officer: Vice President & Treasurer P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson officer: VP, General Counsel P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson officer: Chief Operating Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser officer: Chief Financial Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette officer: Chief Culture Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck director 221 EAST FOURTH STREET, CINCINNATI OH 45202