Coty (NYSE:COTY) Goodwill

: $3,988 Mil (As of Jun. 2023)

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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. Coty's goodwill for the quarter that ended in Jun. 2023 was $3,988 Mil.

Coty Goodwill Historical Data

The historical data trend for Coty'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.

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Coty Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Goodwill

4,166.80

3,973.90

4,118.10

3,914.70

3,987.90

Coty Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Goodwill																3,914.70	3,796.40	3,920.30	3,974.40	3,987.90

Coty 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.

Coty (NYSE:COTY) 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.

Coty's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (A: Jun. 2023 )	=	Goodwill	/	Total Assets
	=	3987.9	/	12661.6
	=	0.31

Coty's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (Q: Jun. 2023 )	=	Goodwill	/	Total Assets
	=	3987.9	/	12661.6
	=	0.31

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.

Coty Goodwill Related Terms

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Coty (NYSE:COTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Coty Inc (NYSE:COTY) » Definitions » Goodwill

Comparable Companies

Traded in Other Exchanges

CO3A:Germany CO3A:Germany CO3A:Germany COTY34:Brazil

Address

350 Fifth Avenue, New York, NY, USA, 10118

Website

https://www.coty.com

Coty Inc is a global beauty firm that sells fragrance, color cosmetics, and skin and body care. It licenses brands such as Calvin Klein, Hugo Boss, Gucci, Burberry, and Davidoff for its prestige portfolio. Coty's most popular color cosmetic brands are CoverGirl, Max Factor, Rimmel, Sally Hansen, and Kylie. Coty also holds a minority stake in a salon and retail haircare business, including brands Wella, Clairol, OPI, and GHD. The company has two reportable segments such as Prestige and Consumer Beauty. It generates majority of its revenue from Prestige segment.

Executives

Priya Srinivasan	officer: Chief People & Purpose Officer	350 FIFTH AVENUE, NEW YORK NY 10118
Rochet Lubomira	director	6425 HALL OF FAME LANE, FRISCO TX 75034
Laurent Mercier	officer: Chief Financial Officer	350 FIFTH AVENUE, NEW YORK NY 10118
Anna Adeola Makanju	director	350 FIFTH AVENUE, NEW YORK NY 10118
Maria Asunicion Aramburuzabala	director	PASEO DE LOS TAMARINDOS 400, TORRE B PISO 25, MEXICO DF O5 0000
Johannes P Huth	director
Sue Nabi	director, officer: Chief Executive Officer	350 FIFTH AVENUE, NEW YORK NY 10118
Bayern Anna Von	officer: Chief Corp. Affairs Officer	350 FIFTH AVENUE, NEW YORK NY 10118
Nancy G. Ford	director	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
George R Roberts	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 2800 SAND HILL ROAD, MENLO PARK CA 94025
Kkr Rainbow Aggregator L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Rainbow Aggregator Gp Llc	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Europe V S.a R.l.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Associates Europe V Scsp	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Europe V Holdings Ltd	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019