FMO (Fiduciary/Claymore Energy Infrastructure Fund) Goodwill: $0.00 Mil (As of Nov. 2021)


FMO Fiduciary/Claymore Energy Infrastructure Fund FMO
40 GF Score
Price $12.12
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What is Fiduciary/Claymore Energy Infrastructure Fund Goodwill?

Fiduciary/Claymore Energy Infrastructure Fund FMO 40 Goodwill is $0.00 Mil as of Nov. 2021. GuruFocus rates FMO with a GF Score™ of 40/100.

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. Fiduciary/Claymore Energy Infrastructure Fund's goodwill for the quarter that ended in Nov. 2021 was $0.00 Mil.


Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) 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.

Fiduciary/Claymore Energy Infrastructure Fund's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as

Goodwill-to-Asset (A: Nov. 2021 )=Goodwill/Total Assets
=0/98.686
=0.00

Fiduciary/Claymore Energy Infrastructure Fund's Goodwill-to-Asset Ratio for the quarter that ended in Nov. 2021 is calculated as

Goodwill-to-Asset (Q: Nov. 2021 )=Goodwill/Total Assets
=0/98.686
=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.


Fiduciary/Claymore Energy Infrastructure Fund Goodwill Related Terms


Fiduciary/Claymore Energy Infrastructure Fund Goodwill Historical Data

* Premium members only.

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund'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.

Fiduciary/Claymore Energy Infrastructure Fund Goodwill Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Goodwill
0.00 0.00 0.00 0.00 0.00

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21
Goodwill Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00
FMO
40GF Score
Fiduciary/Claymore Energy Infrastructure Fund FMO
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiduciary/Claymore Energy Infrastructure Fund 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of $0.00 Mil mean?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a Goodwill of $0.00 Mil as of Nov. 2021. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Fiduciary/Claymore Energy Infrastructure Fund and its competitors.
Is Fiduciary/Claymore Energy Infrastructure Fund's Goodwill too high?
Fiduciary/Claymore Energy Infrastructure Fund's current Goodwill is $0.00 Mil. Overall, Fiduciary/Claymore Energy Infrastructure Fund has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Fiduciary/Claymore Energy Infrastructure Fund's Goodwill compare to DTF and IAE?
Fiduciary/Claymore Energy Infrastructure Fund's Goodwill of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for an Asset Management company?
A good Goodwill depends on the Asset Management industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Fiduciary/Claymore Energy Infrastructure Fund and its competitors. Fiduciary/Claymore Energy Infrastructure Fund's current Goodwill is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiduciary/Claymore Energy Infrastructure Fund stock overvalued right now?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. Fiduciary/Claymore Energy Infrastructure Fund's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Fiduciary/Claymore Energy Infrastructure Fund (FMO), the current Goodwill is $0.00 Mil as of Nov. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fiduciary/Claymore Energy Infrastructure Fund Business Description

Address 227 West Monroe Street, Chicago, IL, USA, 60606
Fiduciary/Claymore Energy Infrastructure Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
40GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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