Market Cap : 1.22 B | Enterprise Value : 1.22 B | PE Ratio : 6.40 | PB Ratio : 0.79 |
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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. Virtus Dividend, Interest & Premium Strategy Fund's goodwill for the quarter that ended in Jan. 2022 was $0.0 Mil.
The historical data trend for Virtus Dividend, Interest & Premium Strategy Fund'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.
Virtus Dividend, Interest & Premium Strategy Fund's Goodwill-to-Asset Ratio for the fiscal year that ended in Jan. 2022 is calculated as
Goodwill-to-Asset (A: Jan. 2022 ) | = | Goodwill | / | Total Assets |
= | 0 | / | 1582.146 | |
= | 0.00 |
Virtus Dividend, Interest & Premium Strategy Fund's Goodwill-to-Asset Ratio for the quarter that ended in Jan. 2022 is calculated as
Goodwill-to-Asset (Q: Jan. 2022 ) | = | Goodwill | / | Total Assets |
= | 0 | / | 1582.146 | |
= | 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.
Thank you for viewing the detailed overview of Virtus Dividend, Interest & Premium Strategy Fund's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Mowrey John R. | other: Portfolio Manager | 1633 BROADWAY NEW YORK NY 10019 |
Oliver Thomas W Jr | other: Affiliated Person | 2121 SAN JACINTO DRIVE DALLAS TX 75201 |
Pushpaharan Gem | other: Affiliated Person | 1633 BROADWAY NEW YORK NY 10019 |
Viggiano John | other: Affiliated Person | 1633 BROADWAY NEW YORK NY 10019 |
Cogan Sarah E | director | 1633 BROADWAY NEW YORK NY 10019 |
Macleod James S | director | 250 E KILBOURN AVE MILWAUKEE WI 53202 |
Parker Jeffrey D | other: See Remarks | 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 |
Holt Erick | director | 1633 BROADWAY NEW YORK NY 10019 |
Ruckman Craig | officer: Assistant Secretary | 1633 BROADWAY NEW YORK NY 10019 |
Rappaport Alan | director | C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660 |
Magnuson Paul A | other: Portfolio Manager | 2121 SAN JACINTO, SUITE 1840 DALLAS TX 75201 |
Mildner Heiko | other: Affiliated Person | 1633 BROADWAY NEW YORK NY 10019 |
Thompson Kathleen C. | other: Affiliated Person | 1633 BROADWAY NEW YORK NY 10019 |
Fischer Ben J | other: Portfolio Manager | 1633 BROADWAY NEW YORK NY 10019 |
Grau William | other: SEE REMARKS | C/O ALLIANZ GLOBAL INVESTORS U.S. LLC 1633 BROADWAY NEW YORK NY 10019 |
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By Seekingalpha 2020-05-01