GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Smaller Companies Trust PLC (LSE:BRSC) » Definitions » Goodwill

BlackRock Smaller Trust (LSE:BRSC) Goodwill : £0.00 Mil (As of Feb. 2023)


View and export this data going back to 1973. Start your Free Trial

What is BlackRock Smaller 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. BlackRock Smaller Trust's goodwill for the quarter that ended in Feb. 2023 was £0.00 Mil.


BlackRock Smaller Trust Goodwill Historical Data

The historical data trend for BlackRock Smaller 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.

* Premium members only.

BlackRock Smaller Trust Goodwill Chart

BlackRock Smaller Trust Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

BlackRock Smaller Trust Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24
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 - - - - -

BlackRock Smaller 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.


BlackRock Smaller Trust  (LSE:BRSC) 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.

BlackRock Smaller Trust's Goodwill-to-Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Goodwill-to-Asset (A: Feb. 2024 )=Goodwill/Total Assets
=0/770.083
=0.00

BlackRock Smaller Trust's Goodwill-to-Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

Goodwill-to-Asset (Q: Feb. 2023 )=Goodwill/Total Assets
=0/836.579
=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.


BlackRock Smaller Trust Goodwill Related Terms

Thank you for viewing the detailed overview of BlackRock Smaller Trust's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Smaller Trust (LSE:BRSC) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, Exchange Place One, London, GBR, EC2N 2DL
BlackRock Smaller Companies Trust PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth for shareholders through investment mainly in smaller UK quoted companies. The company mainly attracts long-term private and institutional investors wanting to benefit from the growth prospects of smaller companies. It focuses on investing UK smaller companies which are listed on the London Stock Exchange or on the Alternative Investment Market. The firm has adopted a consistent investment process, focusing on good quality growth companies that are trading well and it also considers sector weightings and underlying themes and method of stock selection.

BlackRock Smaller Trust (LSE:BRSC) Headlines

No Headlines