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American Church Mortgage Co (American Church Mortgage Co) Goodwill : $0.00 Mil (As of Jun. 2022)


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What is American Church Mortgage Co 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 Church Mortgage Co's goodwill for the quarter that ended in Jun. 2022 was $0.00 Mil.


American Church Mortgage Co Goodwill Historical Data

The historical data trend for American Church Mortgage Co'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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American Church Mortgage Co Goodwill Chart

American Church Mortgage Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Goodwill
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American Church Mortgage Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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American Church Mortgage Co 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 Church Mortgage Co  (OTCPK:ACMC) 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 Church Mortgage Co'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
=0/30.698
=0.00

American Church Mortgage Co's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Goodwill-to-Asset (Q: Jun. 2022 )=Goodwill/Total Assets
=0/4.909
=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 Church Mortgage Co Goodwill Related Terms

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American Church Mortgage Co (American Church Mortgage Co) Business Description

Traded in Other Exchanges
N/A
Address
10400 Yellow Circle Drive, Suite 102, Minnetonka, MN, USA, 55343
American Church Mortgage Co operates as a real estate investment trust. Geographically the activities function throughout the region of the United States. It is primarily engaged in the business of making mortgage loans to churches and other non-profit religious organizations. In addition, the group also owns bonds, issued by churches and other nonprofit religious organizations. The firm derives revenue in the form of interest on mortgage loans receivable and the bond portfolio.
Executives
Philip J. Myers director, officer: Chairman, President, Secretary 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Scott J. Marquis other: VP & Secretary of Advisor 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Michael G. Holmquist director 18300 MINNETONKA BLVD., SUITE 202, DEEPHAVEN MN 55391

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