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ADV (Advantage Solutions) Goodwill : $477 Mil (As of Dec. 2024)


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What is Advantage Solutions 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. Advantage Solutions's goodwill for the quarter that ended in Dec. 2024 was $477 Mil.


Advantage Solutions Goodwill Historical Data

The historical data trend for Advantage Solutions'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.

Advantage Solutions Goodwill Chart

Advantage Solutions Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial Premium Member Only 2,163.34 2,206.00 887.95 710.19 477.02

Advantage Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 710.19 833.49 610.52 610.53 477.02

Advantage Solutions 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.


Advantage Solutions  (NAS:ADV) 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.

Advantage Solutions's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (A: Dec. 2024 )=Goodwill/Total Assets
=477.02/3106.517
=0.15

Advantage Solutions's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=477.02/3106.517
=0.15

* 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.


Advantage Solutions Goodwill Related Terms

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Advantage Solutions Business Description

Traded in Other Exchanges
N/A
Address
8001 Forsyth Boulevard, Suite, Clayton, MS, USA, 63105
Advantage Solutions Inc is a omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods (CPG) brands and retailers.
Executives
James M Kilts director 120 PARK AVE, NEW YORK NY 10017
Christopher Growe officer: Chief Financial Officer C/O ADVANTAGE SOLUTIONS INC., 15310 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
Deborah Poole director ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
David A Peacock director, officer: Chief Executive Officer 190 CARONDELET PLAZA, CLAYTON MO 63105
Brian K. Ratzan director 3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Adam Levyn director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Jody L Macedonio director 2711 N HASKELL AVENUE, STE 3400, DALLAS TX 75204
Christopher J Baldwin director THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Adam Nebesar director 200 CLARENDON STREET, BOSTON MA 02116
Tanya L Domier director, officer: Chief Executive Officer C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Jill L Griffin officer: President & CCO C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Dean Kaye officer: CFO - North America ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Brian Stevens officer: CFO & COO C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
David J West director 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Robin Manherz director ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618