GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CyrusOne Inc (NAS:CONE) » Definitions » Goodwill

CyrusOne (CyrusOne) Goodwill : $455 Mil (As of Dec. 2021)


View and export this data going back to 2013. Start your Free Trial

What is CyrusOne 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. CyrusOne's goodwill for the quarter that ended in Dec. 2021 was $455 Mil.


CyrusOne Goodwill Historical Data

The historical data trend for CyrusOne'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.

CyrusOne Goodwill Chart

CyrusOne Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 455.10 455.10 455.10 455.10 455.10

CyrusOne Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 455.10 455.10 455.10 455.10 455.10

CyrusOne 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.


CyrusOne  (NAS:CONE) 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.

CyrusOne's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill-to-Asset (A: Dec. 2021 )=Goodwill/Total Assets
=455.1/7452
=0.06

CyrusOne's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Goodwill-to-Asset (Q: Dec. 2021 )=Goodwill/Total Assets
=455.1/7452
=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.


CyrusOne Goodwill Related Terms

Thank you for viewing the detailed overview of CyrusOne's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


CyrusOne (CyrusOne) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2850 N. Harwood Street, Suite 2200, Dallas, TX, USA, 75201
CyrusOne owns or operates 53 data centers, primarily in the U.S., that encompass more than 8 million net rentable square feet. It has a few properties in Europe and Asia. CyrusOne has both multitenant and single-tenant data centers, and it is primarily a wholesale provider, offering large spaces on longer-term leases. The firm has about 1,000 total customers, and cloud service providers and other information technology firms make up about half its total revenue. Its largest customer, Microsoft, accounted for over 20% of 2020 revenue, and its top 10 customers generated about 50%. After cloud providers, companies in the financial services and energy industries contributed the biggest proportions of CyrusOne's sales.
Executives
Katherine Motlagh officer: EVP & CFO C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Gamble John W Jr director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
William E Sullivan director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Alex Shumate director 41 S HIGH ST, STE 1300, COLUMBUS OH 43215
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Mark Skomal officer: SVP & Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
David H. Ferdman director, officer: President & CEO 5202 BRAEBURN BELLAIRE TX 77401
John Hatem officer: EVP & COO C/O CYRUSONE 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Robert M Jackson officer: EVP & General Counsel C/O CYRUSONE INC., 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Tod Nielsen director C/O VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kevin L Timmons officer: CHIEF TECHNOLOGY OFFICER 20200 MENDELSOHN LANE, SARATOGA CA 95070
Bruce W Duncan director, officer: President & CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Diane M Morefield officer: Chief Financial Officer 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael Klayko director