Market Cap : 21.49 B | Enterprise Value : 25.74 B | PE Ratio : 5.81 | PB Ratio : 1.06 |
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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. Lennar's goodwill for the quarter that ended in Feb. 2022 was $3,632 Mil.
The historical data trend for Lennar'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.
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.
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.
Lennar's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as
Goodwill-to-Asset (A: Nov. 2021 ) | = | Goodwill | / | Total Assets |
= | 3632.06 | / | 33207.778 | |
= | 0.11 |
Lennar's Goodwill-to-Asset Ratio for the quarter that ended in Feb. 2022 is calculated as
Goodwill-to-Asset (Q: Feb. 2022 ) | = | Goodwill | / | Total Assets |
= | 3632.06 | / | 32635.252 | |
= | 0.11 |
* 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.
Thank you for viewing the detailed overview of Lennar's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Bessette Diane J | officer: VP/CFO/Treasurer | LENNAR CORPORATION 700 NW 107 AVE 4TH FLR MIAMI FL 33172 |
Collins David M | officer: Controller | LENNAR CORPORATION 700 NW 107 AVENUE STE 400 MIAMI FL 33172 |
Jaffe Jonathan M | director, officer: President | LENNAR CORPORATION 700 NW 107 AVE 4TH FLR MIAMI FL 33172 |
Mccall Jeffrey Joseph | officer: Executive Vice President | 26 TECHNOLOGY DRIVE IRVINE CA 92618 |
Stowell Scott D | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: STOWELL SCOTT D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Gerard Steven L | director | P.O. BOX 554 MILWAUKEE WI 53201-0554 |
Bolotin Irving | director | LENNAR CORPORATION 700 NW 107 AVE 4TH FLR MIAMI FL 33172 |
Sustana Mark | officer: VP/General Counsel/Secretary | LENNAR CORPORATION 700 NW 107 AVE 4TH FLR MIAMI FL 33172 |
Beckwitt Richard | director, officer: Chief Executive Officer | LENNAR CORPORATION 700 NW 107 AVE 4TH FLR MIAMI FL 33172 |
Olivera Armando J | director | C/O FLUOR CORPORATION 6700 LAS COLINAS BLVD IRVING TX 75039 |
Gilliam Theron I | director | GMS INC. 100 CRESCENT CENTRE PARKWAY, SUITE 800 TUCKER 2Q 30084 |
Mcclure Teri P | director | 55 GLENLAKE PARKWAY NE ATLANTA GA 30328 |
Sonnenfeld Jeffrey | director | 14 WALL ST 13TH FL NEW YORK NY 10005 |
Hudson Sherrill W | director | 201 SOUTH BISCAYNE BOULEVARD 34TH FLOOR, MIAMI CENTER MIAMI FL 33131 |
Lapidus Sidney | director | 466 LEXINGTON AVENUE FLOOR NEW YORK NY 10017 |
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By PRNewswire 01-11-2022
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