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Natural Health Trends (Natural Health Trends) Goodwill : $0.00 Mil (As of Dec. 2023)


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What is Natural Health Trends 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. Natural Health Trends's goodwill for the quarter that ended in Dec. 2023 was $0.00 Mil.


Natural Health Trends Goodwill Historical Data

The historical data trend for Natural Health Trends'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.

Natural Health Trends Goodwill Chart

Natural Health Trends Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
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Natural Health Trends Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Natural Health Trends 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.


Natural Health Trends  (NAS:NHTC) 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.

Natural Health Trends'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
=0/69.091
=0.00

Natural Health Trends'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
=0/69.091
=0.00

* 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.


Natural Health Trends Goodwill Related Terms

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Natural Health Trends (Natural Health Trends) Business Description

Traded in Other Exchanges
Address
132 Nathan Road, Tsimshatsui, Units 1205-07, 12th floor, Mira Place Tower A, Kowloon, Hong Kong, HKG
Natural Health Trends Corp is an international direct-selling and e-commerce company. It offers a line of products such as Wellness, Herbal, Beauty, Lifestyle, Home, and Baby. Wellness products include targeted nutrition for joint health, antioxidant support, digestive health, heart health, and vision health. Herbal products include anti-aging and hydrating cleansers, creams, lotions, serums, and toners. Lifestyle products improve the overall quality of life and to support active, physical and healthy lifestyles. Home products are designed to create a clean and natural living environment for the home, and Baby products formulated with gentle ingredients from nature for infants and babies. It generates a majority of its revenue from Hong Kong.
Executives
Brunde E Broady director UNITS 1205-07, 12/F, MIRA PLACE TOWER A, 132 NATHAN ROAD, TSIMSHATSUI, KOWLOON K3 0000000000
Ching Chung Wong director UNITS 1205-07, 12/F, MIRA PLACE TOWER A, 132 NATHAN ROAD, TSIMSHATSUI, KOWLOON K3 0000000000
George K Broady director, 10 percent owner 751 CANYON DRIVE, SUITE 100, C/O KINGS III OF AMERICA, COPPELL TX 75019
Chris Tahjiun Sharng director, officer: President C/O OF NATURAL HEALTH TRENDS CORP., 609 DEEP VALLEY DRIVE, ROLLING HILLS ESTATES CA 90274
Timothy Scott Davidson officer: Sr. V.P. & CFO 609 DEEP VALLEY DRIVE, SUITE 395, ROLLING HILLS ESTATES CA 90274
Yiu Tung Chan director FLAT B, 13/F, GREENPARK VILLA, KAT CHEUNG CRESCENT, SHEUNG SHUI, NEW TERRITORIES K3 999077
Randall A Mason director PO BOX 4016, MARIETTA OH 45750
Christopher Robert O'brien director 448 32ND ST, MANHATTAN BEACH CA 90266
Jane Eleanor Broady 2012 Irrevocable Trust 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
Kin Yep Chung director FLAT E, 14/F, CHARMING GARDEN BLOCK 8, MONG KOK K3 999077
John Marvin Broady 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
Magdalena Steinbrunner 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
George Vincent Broady 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
Stefan Zuckut director C/O NATURAL HEALTH TRENDS CORP., 2050 DIPLOMAT DRIVE, DALLAS TX 75234
Chief China Resources Ltd 10 percent owner 18 CHAOYANGMENWAI STREET, SUITE B710, FULL LINK PLAZA, BEIJING F4 100020