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BZFD (BuzzFeed) Goodwill : $43.3 Mil (As of Dec. 2024)


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What is BuzzFeed 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. BuzzFeed's goodwill for the quarter that ended in Dec. 2024 was $43.3 Mil.


BuzzFeed Goodwill Historical Data

The historical data trend for BuzzFeed'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.

BuzzFeed Goodwill Chart

BuzzFeed Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial - 194.88 57.56 43.30 43.30

BuzzFeed Quarterly Data
Dec19 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 43.30 57.56 57.56 57.56 43.30

BuzzFeed 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.


BuzzFeed  (NAS:BZFD) 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.

BuzzFeed'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
=43.304/221.398
=0.20

BuzzFeed'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
=43.304/221.398
=0.20

* 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.


BuzzFeed Goodwill Related Terms

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BuzzFeed Business Description

Traded in Other Exchanges
N/A
Address
229 West 43rd Street, New York, NY, USA, 10036
BuzzFeed Inc is a tech-powered, diversified media company that reaches hundreds of millions globally through its cross-platform news and entertainment network. The company produces articles, lists, quizzes, videos, and original series; lifestyle content through brands including Tasty, social food network; original reporting and investigative journalism through BuzzFeed News and HuffPost; an industry- affiliate business, strategic partnerships, licensing and product development through BuzzFeed Commerce; and original productions across broadcast, cable, SVOD, film and digital platforms for BuzzFeed Studios.
Executives
Patrick J Kerins director
New Enterprise Associates 13 Lp 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Janet L Rolle director 75 WEST 125TH STREET, NEW YORK NY 10027
Johnson John S. Iii other: Member of 10% Group C/O CRM MANAGEMENT, PO BOX 778, NEW YORK NY 10013
Comcast Corp 10 percent owner ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Matthew Omer officer: CFO C/O BUZZFEED, INC., 229 W. 43RD ST., NEW YORK NY 10036
Joan Lordi Amble director AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
David Arroyo officer: Chief Legal Officer 229 W. 43RD ST., NEW YORK NY 10036
Daniel Weinstein officer: Chief Accounting Officer C/O BUZZFEED, INC., 229 W. 43RD ST., NEW YORK NY 10036
Marcela Martin officer: President C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Johnson Bf, Llc other: Member of 10% Group C/O CRM MANAGEMENT, PO BOX 778, NEW YORK NY 10013
Adam Rothstein director, officer: Executive Chairman 101 CROSS HWY, WESTPORT CA 92610
Gregory Coleman director C/O MEREDITH CORP., 1716 LOCUST STREET, DES MOINES IA 50309
Phuong Dao Nguyen officer: Publisher C/O BUZZFEED, INC., 111 EAST 18TH STREET, NEW YORK NY 10003
Christian Baesler officer: Chief Operating Officer 111 EAST 18TH STREET, NEW YORK NY 10003