GNT (GAMCO Natural Resources, Gold &ome Trust) Goodwill : $0.00 Mil (As of Jun. 2024)

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What is GAMCO Natural Resources, Gold &ome Trust 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. GAMCO Natural Resources, Gold &ome Trust's goodwill for the quarter that ended in Jun. 2024 was $0.00 Mil.

GAMCO Natural Resources, Gold &ome Trust Goodwill Historical Data

The historical data trend for GAMCO Natural Resources, Gold &ome Trust'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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GAMCO Natural Resources, Gold &ome Trust Goodwill Chart

GAMCO Natural Resources, Gold &ome Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Goodwill

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GAMCO Natural Resources, Gold &ome Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Goodwill	Get a 7-Day Free Trial									-	-	-	-	-

GAMCO Natural Resources, Gold &ome Trust 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.

GAMCO Natural Resources, Gold &ome Trust (NYSE:GNT) 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.

GAMCO Natural Resources, Gold &ome Trust's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )	=	Goodwill	/	Total Assets
	=	0	/	132.786
	=	0.00

GAMCO Natural Resources, Gold &ome Trust's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill-to-Asset (Q: Jun. 2024 )	=	Goodwill	/	Total Assets
	=	0	/	142.979
	=	0.00

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.

GAMCO Natural Resources, Gold &ome Trust Goodwill Related Terms

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GAMCO Natural Resources, Gold &ome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) » Definitions » Goodwill

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GNTpA.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums with its secondary objective being capital appreciation. Under normal market conditions, the company invests majority of its assets in securities of companies principally engaged in the natural resources and gold industries, and also engages in writing covered call options on the underlying equity securities. Its portfolio consists of securities from different sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.

Executives

John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady	officer: Treasurer & Secretary	ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	director
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Bruce N Alpert	officer: President	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli	other: Control Person of Adviser	191 MASON STREET, GREENWICH CT 06830
William F Heitmann	director	1095 AVENUE OF THE AMERICAS, ROOM 4140, NEW YORK NY 10036-6797
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris	director	ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr	director	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Urso Mario D	director	65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita	director	ONE CORPORATE CENTER, RYE NY 10580