GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National Security Group Inc (NAS:NSEC) » Definitions » Goodwill

National Security Group (National Security Group) Goodwill : $0.00 Mil (As of Mar. 2022)


View and export this data going back to 1972. Start your Free Trial

What is National Security Group 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. National Security Group's goodwill for the quarter that ended in Mar. 2022 was $0.00 Mil.


National Security Group Goodwill Historical Data

The historical data trend for National Security Group'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.

National Security Group Goodwill Chart

National Security Group 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 - - - - -

National Security Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - - - - -

National Security Group 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.


National Security Group  (NAS:NSEC) 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.

National Security Group'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
=0/151.683
=0.00

National Security Group's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Goodwill-to-Asset (Q: Mar. 2022 )=Goodwill/Total Assets
=0/149.339
=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.


National Security Group Goodwill Related Terms

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


National Security Group (National Security Group) Business Description

Traded in Other Exchanges
N/A
Address
661 East Davis Street, P.O. Box 703, Elba, AL, USA, 36323
National Security Group Inc is an insurance holding company. The company operates through two segments namely Property and casualty insurance, and Life insurance. Its Property and casualty segment primarily write personal lines dwelling coverage including dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance and the company's Life insurance segment offers a basic line of life and health and accident insurance products in around seven states. Geographically, it operates in the region of the United States and derives most of the revenue from the Property and casualty insurance segment.
Executives
Fred Jr Clark director 661 EAST DAVIS ELBA AL 36323
Andrew J. Abernathey 10 percent owner 3523 45TH STREET SOUTH SUITE 100 FARGO ND 58104
Brian R Mcleod officer: Chief Financial Officer 661 EAST DAVIS ELBA AL 36323
Donald S Pittman director 661 EAST DAVIS ELBA AL 36323
Charles B Arnold director 2161 MILL GARDEN RUN BUFORD GA 30519
Elizabeth B Crawford director 4100 CRESCENT ROAD BIRMINGHAM AL 35222
Carolyn E Brunson 10 percent owner 661 EAST DAVIS ELBA AL 36323
Meridian Investments, Llc 10 percent owner 819 30TH AVENUE SOUTH SUITE 206A MOORHEAD MN 56560
Brunson William L Jr officer: Chief Executive Officer 661 EAST DAVIS ELBA AL 36323
Paul C Wesch director 661 EAST DAVIS ELBA AL 36323
L Brunson White director 661 EAST DAVIS ELBA AL 36323
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
O Neil Frank B director
J R Brunson director 661 EAST DAVIS ELBA AL 36323
Fleming G Brooks director

National Security Group (National Security Group) Headlines