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Charter Financial (Charter Financial) Goodwill : $39.35 Mil (As of Jun. 2018)


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What is Charter Financial 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. Charter Financial's goodwill for the quarter that ended in Jun. 2018 was $39.35 Mil.


Charter Financial Goodwill Historical Data

The historical data trend for Charter Financial'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.

Charter Financial Goodwill Chart

Charter Financial Annual Data
Trend Sep06 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 4.33 4.33 29.79 39.35

Charter Financial Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 29.79 39.35 39.35 39.35 39.35

Charter Financial 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.


Charter Financial  (NAS:CHFN) 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.

Charter Financial's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2017 is calculated as

Goodwill-to-Asset (A: Sep. 2017 )=Goodwill/Total Assets
=39.35/1640.159
=0.02

Charter Financial's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Goodwill-to-Asset (Q: Jun. 2018 )=Goodwill/Total Assets
=39.35/1625.835
=0.02

* 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.


Charter Financial Goodwill Related Terms

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Charter Financial (Charter Financial) Business Description

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Charter Financial Corp is a savings and loan holding company. It provides various products and services to individuals and businesses in the United States. Its principal business consists of attracting retail deposits from the general public and investing those deposits in commercial real estate loans, one- to four-family residential mortgage loans, construction loans, commercial loans, home equity loans and lines of credit and other consumer loans. It offers a variety of community banking services to customers, including online banking and bill payment services, mobile banking, safe deposit box rentals, debit card and ATM card services. The company derives significant revenue from service charges on deposit accounts, the bulk of which comes from overdraft-related fees.

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