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American Virtual Cloud Technologies (American Virtual Cloud Technologies) Goodwill : $0.00 Mil (As of Mar. 2023)


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What is American Virtual Cloud Technologies 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. American Virtual Cloud Technologies's goodwill for the quarter that ended in Mar. 2023 was $0.00 Mil.


American Virtual Cloud Technologies Goodwill Historical Data

The historical data trend for American Virtual Cloud Technologies'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.

American Virtual Cloud Technologies Goodwill Chart

American Virtual Cloud Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Goodwill
Get a 7-Day Free Trial - - - 10.47 -

American Virtual Cloud Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 10.47 - - - -

American Virtual Cloud Technologies 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.


American Virtual Cloud Technologies  (OTCPK:AVCTQ) 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.

American Virtual Cloud Technologies's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/31.909
=0.00

American Virtual Cloud Technologies's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill-to-Asset (Q: Mar. 2023 )=Goodwill/Total Assets
=0/23.41
=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.


American Virtual Cloud Technologies Goodwill Related Terms

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American Virtual Cloud Technologies (American Virtual Cloud Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1720 Peachtree Street, Suite 629, Atlanta, GA, USA, 30309
American Virtual Cloud Technologies Inc is engaged in the business of providing IT solutions. The company, along with its subsidiaries, offers various services like private & hybrid data centers, enterprise networking solutions, unified cloud communications, managed services, cybersecurity, and enhanced connectivity. It caters its services to different sectors such as Energy, Finance, Healthcare, Manufacturing & logistics, Public sector, Retail and hospitality, Technology service providers, and Others. It has two segments Computex and Kandy. Geographically, it generates the majority of its revenue from the domestic market.
Executives
Charles E. Sweet director 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Ribbon Communications Inc. 10 percent owner 6500 CHASE OAKS BOULEVARD, PLANO TX 75023
Adrian Foltz officer: Chief Financial Officer 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Onex Evans officer: Chief Accounting Officer 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Michael Tessler director C/O BROADSOFT, INC., 220 PERRY PARKWAY, GAITHERSBURG MD 20877
Mock Lawrence E, Jr. director ONE BUCKHEAD PLAZA, 3060 PEACHTREE RD, SUITE 780, ATLANTA GA 30305
Dennis P Lockhart director 100 GOLF ROAD, GOLF IL 60029
Pensare Sponsor Group, Llc 10 percent owner 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Fund I, L.p. 10 percent owner 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305
Navigation Capital Partners, Inc. 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Navigation Capital Partners Ii, L.p. 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Stratos Management Systems Holdings Llc 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Kevin Keough officer: President 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Robert E. Willis director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Partners, Llc 10 percent owner 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305

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