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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. Acuity Brands's goodwill for the quarter that ended in Nov. 2024 was $1,092 Mil.
The historical data trend for Acuity Brands'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.
Acuity Brands Annual Data | |||||||||||||||||||||
Trend | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | Aug24 | |||||||||||
Goodwill | Get a 7-Day Free Trial |
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1,080.00 | 1,094.70 | 1,084.30 | 1,097.90 | 1,098.70 |
Acuity Brands Quarterly Data | ||||||||||||||||||||
Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | Nov24 | |
Goodwill | Get a 7-Day Free Trial |
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1,097.50 | 1,097.10 | 1,096.70 | 1,098.70 | 1,091.80 |
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.
Acuity Brands (NYSE:AYI) 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.
Acuity Brands's Goodwill-to-Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as
Goodwill-to-Asset (A: Aug. 2024 ) | = | Goodwill | / | Total Assets |
= | 1098.7 | / | 3814.6 | |
= | 0.29 |
Acuity Brands's Goodwill-to-Asset Ratio for the quarter that ended in Nov. 2024 is calculated as
Goodwill-to-Asset (Q: Nov. 2024 ) | = | Goodwill | / | Total Assets |
= | 1091.8 | / | 3864.3 | |
= | 0.28 |
* 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.
Thank you for viewing the detailed overview of Acuity Brands's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Barry R Goldman | officer: SVP & General Counsel | 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 30309 |
Maya Leibman | director | 4333 AMON CARTER BLVD, FORT WORTH TX 76155 |
Karen J Holcom | officer: Interim CFO | 1170 PEACHTREE STREET, NE, SUITE 2400, ATLANTA GA 30309 |
Dianne B Mills | officer: SVP & Chief HR Officer | C/O ACUITY BRANDS, INC., 1170 PEACHTREE STREET, NE, STE 2300, ATLANTA GA 30309 |
Laura O'shaughnessy | director | C/O VROOM, INC., 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018 |
Michael J Bender | director | 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054 |
Marcia J Avedon | director | C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036 |
Mark Sachleben | director | C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105 |
Peter C Browning | director | GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084 |
Mary A Winston | director | 557 BROADWAY, C/O SCHOLASTIC CORP, NEW YORK NY 10012 |
Neil Ashe | director, officer: President & CEO | C/O ACUITY BRANDS, INC., 1170 PEACHTREE STREET, NE, STE 2300, ATLANTA GA 30309 |
Robert F Mccullough | director | 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309 |
Ray M Robinson | director | 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309 |
Dillard George Douglas Jr | director | 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309 |
W. Patrick Battle | director | 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA X1 30309 |
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