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Dover Downs Gaming & Entertainment (Dover Downs Gaming & Entertainment) Goodwill : $0.0 Mil (As of Dec. 2018)


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What is Dover Downs Gaming & Entertainment 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. Dover Downs Gaming & Entertainment's goodwill for the quarter that ended in Dec. 2018 was $0.0 Mil.


Dover Downs Gaming & Entertainment Goodwill Historical Data

The historical data trend for Dover Downs Gaming & Entertainment'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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Dover Downs Gaming & Entertainment Goodwill Chart

Dover Downs Gaming & Entertainment Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Goodwill
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Dover Downs Gaming & Entertainment Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Dover Downs Gaming & Entertainment 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.


Dover Downs Gaming & Entertainment  (NYSE:DDE) 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.

Dover Downs Gaming & Entertainment's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Goodwill-to-Asset (A: Dec. 2018 )=Goodwill/Total Assets
=0/160.715
=0.00

Dover Downs Gaming & Entertainment's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Goodwill-to-Asset (Q: Dec. 2018 )=Goodwill/Total Assets
=0/160.715
=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.


Dover Downs Gaming & Entertainment Goodwill Related Terms

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Dover Downs Gaming & Entertainment (Dover Downs Gaming & Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1131 North DuPont Highway, Dover, DE, USA, 19901
Dover Downs Gaming & Entertainment Inc is a US-based gaming and entertainment company. It operates Dover Downs Casino; Dover Downs Hotel and Conference Center; and Dover Downs Raceway. The Dover Downs Casino operations include table games, including craps, roulette and card games, multi-player electronic table games, race and sports book operation, the festival buffet, Frankie's Italian restaurant, as well as several bars, restaurants and retail outlets. The Dover Downs Hotel and Conference Center include a fine dining restaurant, spa/salon, conference, banquet, ballroom and concert hall facilities. The Dover Downs Raceway includes a harness racing track with pari-mutuel wagering on live and simulcasts horse races. The firm derives the majority of revenue from gaming operation.
Executives
R Randall Rollins other: See Footnote 1 SUNTRUST BANKS INC, PO BOX 4418 MC 643, ATLANTA GA 30302-4418
Henry B Tippie other: See Footnote 1 TONY EVANS, 1131 N DUPONT HWY, DOVER DE 19903
Denis Mcglynn other: See Footnote 1 POST OFFICE BOX 843, DOVER DE 19903
Klaus M Belohoubek other: See Footnote 1
Timothy R Horne other: See Footnote 1
Jeffrey W Rollins other: See Footnote 1
Patrick J Bagley other: See Footnote 1
Rmt Trust other: See Footnote 1 3505 SILVERSIDE ROAD PLAZA CENTRE BLDG., SUITE 203 WILMINGTON DE 19810
Kenneth K Chalmers director
Rollins John W Jr director 1131 N DUPONT HGWY PO BOX 843 DOVER DE 19903
Eugene W Weaver 10 percent owner P O BOX 843, DOVER DE 19803
Richard K Struthers director 900 OLD KENNETT ROAD, GREENVILLE DE 19807
Gates Capital Management, Inc. 10 percent owner 1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Jeffrey L Gates 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Estate Of Rollins John W Sr 10 percent owner 2200 CONCORD PIKE WILMINGTON DE 19803