GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Unico American Corp (OTCPK:UNAM) » Definitions » Goodwill

Unico American (Unico American) Goodwill : $0.00 Mil (As of Sep. 2022)


View and export this data going back to 1990. Start your Free Trial

What is Unico American 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. Unico American's goodwill for the quarter that ended in Sep. 2022 was $0.00 Mil.


Unico American Goodwill Historical Data

The historical data trend for Unico American'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.

Unico American Goodwill Chart

Unico American 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 - - - - -

Unico American Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Unico American 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.


Unico American  (OTCPK:UNAM) 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.

Unico American'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
=0/126.871
=0.00

Unico American's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Goodwill-to-Asset (Q: Sep. 2022 )=Goodwill/Total Assets
=0/88.211
=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.


Unico American Goodwill Related Terms

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


Unico American (Unico American) Business Description

Traded in Other Exchanges
N/A
Address
5230 Las Virgenes Road, Calabasas, CA, USA, 91302
Unico American Corp is an insurance holding company that underwrites property and casualty insurance; provides property, casualty, and health insurance; and provides insurance premium financing and membership association services. Its operations are categorized into two segments, the Insurance company operation and Other Insurance operations. The company receives its revenues primarily from premium derived from the insurance company operations, commission and fee income generated from the insurance agency operations, finance charges and fee income from the premium finance operations, and investment income from cash generated primarily from the insurance company operation.
Executives
Kathryn A. Johnson director 12023 BAYLIES CIRCLE, YUCAIPA CA 92399
Steven L Shea officer: President, CEO C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Jennifer Elaine Ziegler officer: CFO 26050 MUREAU RD, CALABASA CA 91302
Cary Cheldin director, officer: Executive Vice Presidient 1129 MARICOPA HWY., A-203, OJAI CA 93023
Ambina Partners Llc 10 percent owner 309 GREENWICH AVENUE, SUITE 201, GREENWICH CT 06830
Joycelyn M Ray director 26050 MUREAU ROAD, CALABASAS CA 91302
Donny Jay Esparza officer: SENIOR VICE PRESIDENT 26050 MUREAU ROAD, CALABASAS CA 91302
Gregory M Share 10 percent owner THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Ambina Unico Holdings Llc 10 percent owner 309 GREENWICH AVENUE, SUITE 201, GREENWICH CT 06830
John Buckley Keefe director 26050 MUREAU ROAD, CALABASAS CA 91302
Gerard J Altonji director 26050 MUREAU ROAD, CALABASAS CA 91302
Jeffrey Tuder director 6 GREENHOUSE DRIVE, PRINCETON NJ 08540
Rhonda L Gillenwaters director 26050 MUREAU ROAD, CALABASAS CA 91302
Ronald A Closser director 26050 MUREAU ROAD, CALABASAS CA 91302
Erwin Cheldin director, 10 percent owner, officer: President 26050 MUREAU ROAD, CALABASAS CA 91302