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Jakks Pacific (Jakks Pacific) Goodwill : $35.1 Mil (As of Dec. 2023)


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What is Jakks Pacific 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. Jakks Pacific's goodwill for the quarter that ended in Dec. 2023 was $35.1 Mil.


Jakks Pacific Goodwill Historical Data

The historical data trend for Jakks Pacific'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.

Jakks Pacific Goodwill Chart

Jakks Pacific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.08 35.08 35.08 35.08 35.08

Jakks Pacific Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 35.08 35.08 35.08 35.08 35.08

Jakks Pacific 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.


Jakks Pacific  (NAS:JAKK) 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.

Jakks Pacific's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=35.08/398.951
=0.09

Jakks Pacific's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=35.08/398.951
=0.09

* 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.


Jakks Pacific Goodwill Related Terms

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Jakks Pacific (Jakks Pacific) Business Description

Traded in Other Exchanges
Address
2951 28th Street, Santa Monica, CA, USA, 90405
Jakks Pacific Inc is a multi-brand toy company that designs, produces, markets, and distributes toys and related products, consumables, and related products, electronics and related products, kids' indoor and outdoor furniture, and other consumer products. Its products offering include Traditional toys and electronics such as Action figures, Toy vehicles, Dolls and accessories, Ride-on toys, Toys for pets, and others.
Executives
Benefit Street Partners Llc 10 percent owner 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lawrence I Rosen 10 percent owner 1578 SUSSEX TURNPIKE, BUILDING 5, RANDOLPH NJ 07689
Stephen G Berman director, 10 percent owner, officer: CEO, President and Secretary 22619 PACIFIC COAST HWY, MALIBU CA 90265
Lori Macpherson director C/O JAKKS PACIFIC INC., 2951 28TH ST., SANTA MONICA CA 90405
Thomas Gahan 10 percent owner 9 WEST 57TH STREET, SUITE 4700, NEW YORK NY 10019
John Joseph Mcgrath officer: Chief Operating Officer 22619 PACIFIC COAST HIGHWAY, MALIBU CA 90265
John Louis Kimble officer: Chief Financial Officer 49 8TH STREET, HERMOSA BEACH CA 90254
Carole Levine director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Axar Capital Management L.p. director, other: See Remarks 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Axar Gp, Llc director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Andrew Axelrod director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Matthew T. Winkler director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Brent T Novak officer: Chief Financial Officer C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Michael S Sitrick director 11777 SAN VICENTE BLVD SUITE 5500, LOS ANGELES CA 90049
Meisheng Cultural & Creative Corp., Ltd. 10 percent owner NANYAN DISTRICT, HI-TECH INDUSTRIAL PARK, XINCHANG, SHAOXING F4 312500