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Ares Acquisition (Ares Acquisition) Goodwill : $0.00 Mil (As of Jun. 2023)


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What is Ares Acquisition 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. Ares Acquisition's goodwill for the quarter that ended in Jun. 2023 was $0.00 Mil.


Ares Acquisition Goodwill Historical Data

The historical data trend for Ares Acquisition'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.

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Ares Acquisition Goodwill Chart

Ares Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Goodwill
- - -

Ares Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ares Acquisition 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.


Ares Acquisition  (NYSE:AAC.U) 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.

Ares Acquisition'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
=0/1013.478
=

Ares Acquisition's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=0/492.176
=

* 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.


Ares Acquisition Goodwill Related Terms

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Ares Acquisition (Ares Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ares Management LLC, 44th Floor, 245 Park Avenue, New York, NY, USA, 10167
Ares Acquisition Corp is a blank check company.
Executives
Kathryn V Marinello director CERIDIAN CORPORATION, 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Michael J Arougheti director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Chief Executive Officer 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Stephen Brown Davis director 1355 SANSOME STREET, SAN FRANCISCO CA 94111
Ares Acquisition Holdings Lp 10 percent owner C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Peter Ogilvie officer: See Remarks C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Allyson Satin officer: Chief Operating Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167

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