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Hurco (HURC) Goodwill : $0.0 Mil (As of Jul. 2024)


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What is Hurco 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. Hurco's goodwill for the quarter that ended in Jul. 2024 was $0.0 Mil.


Hurco Goodwill Historical Data

The historical data trend for Hurco'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.

Hurco Goodwill Chart

Hurco Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.85 - - - -

Hurco Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - - -

Hurco 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.


Hurco  (NAS:HURC) 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.

Hurco's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Goodwill-to-Asset (A: Oct. 2023 )=Goodwill/Total Assets
=0/290.589
=0.00

Hurco's Goodwill-to-Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Goodwill-to-Asset (Q: Jul. 2024 )=Goodwill/Total Assets
=0/272.376
=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.


Hurco Goodwill Related Terms

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Hurco Business Description

Traded in Other Exchanges
Address
One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Haiquynh Jamison officer: Corporate Controller ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Jonathon D. Wright officer: General Counsel/Corp Secretary ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Sonja K Mcclelland officer: Chief Financial Officer ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Michael Doar director, officer: Chairman & CEO ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Richard R. Porter director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Gregory S Volovic officer: EVP-Technology and Operations ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Robert W Cruickshank director
Timothy J Gardner director 3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Jay C. Longbottom director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Thomas A. Aaro director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Cynthia S Dubin director 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Andrew Sheeley Niner director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268