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VEREIT (VEREIT) Goodwill : $1,338 Mil (As of Sep. 2021)


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What is VEREIT 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. VEREIT's goodwill for the quarter that ended in Sep. 2021 was $1,338 Mil.


VEREIT Goodwill Historical Data

The historical data trend for VEREIT'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.

VEREIT Goodwill Chart

VEREIT Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,337.39 1,337.77 1,337.77 1,337.77 1,337.77

VEREIT Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 1,337.77 1,337.77 1,337.77 1,337.77 1,337.77

VEREIT 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.


VEREIT  (NYSE:VER) 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.

VEREIT's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill-to-Asset (A: Dec. 2020 )=Goodwill/Total Assets
=1337.77/13324.408
=0.10

VEREIT's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Goodwill-to-Asset (Q: Sep. 2021 )=Goodwill/Total Assets
=1337.77/12578.893
=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.


VEREIT Goodwill Related Terms

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VEREIT (VEREIT) Business Description

Traded in Other Exchanges
N/A
Address
2325 East Camelback Road, 9th Floor, Phoenix, AZ, USA, 85016
VEREIT Inc is a real estate investment trust primarily involved in the ownership of property located in the U.S. and Canada. VEREIT organizes its operations through the Real Estate Investment segment and the investment management segment. The company derives the vast majority of its income from its Real Estate Investment division in the form of rental income from long-term leases. This business unit owns and manages a real estate portfolio that is fairly evenly diversified between retail, restaurant, office, and industrial properties. A sizable amount of the company's total rental income is derived from customers in the casual dining restaurant and manufacturing industries.
Executives
Mary Hogan Preusse director C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Julie Richardson director YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010
Eugene A Pinover director 333 CENTRAL PARK WEST, APT 66 NEW YORK NY 10025
Hugh R Frater director, other: Non-Executive Chairman C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Glenn J Rufrano director, officer: Chief Executive Officer C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036
Gavin Brandon officer: SVP & Chief Accounting Officer 2325 E CAMELBACK RD, 9TH FLOOR, PHOENIX AZ 85016
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
David Henry director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Richard J Lieb director C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Paul H Mcdowell officer: See Remarks 110 MAIDEN LANE, NEW YORK NY 10005
Michael J. Bartolotta officer: See Remarks 7 VIK DRIVE, WARWICK NY 10990
Lauren Goldberg officer: See Remarks 23 W. 73RD. ST. #508 NEW YORK NY 10023
Thomas W Roberts officer: See Remarks 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX NY 85016
Miller William Craig Jr. officer: See Remarks 315 PONDFIELD ROAD BRONXVILLE NY 10708
Bruce D Frank director 405 PARK AVENUE, NEW YORK NY 10022

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