GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BBHC Inc (OTCPK:TRNX) » Definitions » Goodwill

BBHC (TRNX) Goodwill : $11.12 Mil (As of Sep. 2019)


View and export this data going back to 2008. Start your Free Trial

What is BBHC 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. BBHC's goodwill for the quarter that ended in Sep. 2019 was $11.12 Mil.


BBHC Goodwill Historical Data

The historical data trend for BBHC'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.

BBHC Goodwill Chart

BBHC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 2.11 2.11 2.11 6.69

BBHC Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 3.34 6.69 11.12 11.12 11.12

BBHC 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.


BBHC  (OTCPK:TRNX) 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.

BBHC's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Goodwill-to-Asset (A: Dec. 2018 )=Goodwill/Total Assets
=6.69/27.586
=0.24

BBHC's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Goodwill-to-Asset (Q: Sep. 2019 )=Goodwill/Total Assets
=11.12/47.761
=0.23

* 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.


BBHC Goodwill Related Terms

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


BBHC (TRNX) Business Description

Traded in Other Exchanges
N/A
Address
300 West Clarendon Avenue, Suite 230, Phoenix, AZ, USA, 85013
BBHC Inc, formerly Taronis Technologies Inc owns a patented plasma arc technology that enable two end use applications for fuel generation and water decontamination. The company's fuel technology enables use of hydrocarbon based waste streams to be converted to fossil fuel substitutes.
Executives
Kevin Pollack director 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Scott Mahoney director, officer: CEO, President & Director 4800 NORTH SCOTTSDALE ROAD SUITE 1400 SCOTTSDALE AZ 85251
Dingess, Robert L. director 150 RAINVILLE ROAD TARPON SPRINGS FL 34689
Tyler B. Wilson officer: CFO P.O. BOX 8129 ASPEN CO 81612
Staunton William W Iii director
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Carla Santilli director 90 EASTWINDS CT., PALM HARBOR FL 34683
Jacques Kerrest director 7436 OLD MAPLE SQUARE, MCLEAN VA 22102-2817
Ruggero M Santilli director, 10 percent owner 35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Global Beta, Llc 10 percent owner 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689

BBHC (TRNX) Headlines

From GuruFocus

Taronis Provides Water Pilot Update

By Marketwired Marketwired 01-31-2020

Taronis Fuels Launches Website and Social Media

By Marketwired Marketwired 01-13-2020

Taronis Terminates Nasdaq Panel Hearing Request Process

By Marketwired Marketwired 04-30-2020

BBHC Sells Patent Portfolio

By Marketwired Marketwired 08-20-2020

Taronis Ends Existing $8 Million ATM Funding

By Marketwired Marketwired 03-04-2020

Taronis Provides Corporate Update

By Marketwired Marketwired 12-16-2019

Taronis Awarded Critical New Water Patent

By Marketwired Marketwired 01-27-2020

Taronis Approves $1 Million Common Stock Buyback

By Marketwired Marketwired 01-02-2020