GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfin Acquisition Corp (NAS:NFINU) » Definitions » Goodwill

Netfin Acquisition (Netfin Acquisition) Goodwill : $0.00 Mil (As of . 20)


View and export this data going back to 2019. Start your Free Trial

What is Netfin Acquisition 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. Netfin Acquisition's goodwill for the quarter that ended in . 20 was $0.00 Mil.


Netfin Acquisition Goodwill Historical Data

The historical data trend for Netfin Acquisition'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.

Netfin Acquisition Goodwill Chart

Netfin Acquisition Annual Data
Trend Dec19
Goodwill
-

Netfin Acquisition Semi-Annual Data
Dec19
Goodwill -

Netfin Acquisition 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.


Netfin Acquisition  (NAS:NFINU) 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.

Netfin Acquisition's Goodwill-to-Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill-to-Asset (A: . 20 )=Goodwill/Total Assets
=/
=

Netfin Acquisition's Goodwill-to-Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill-to-Asset (Q: . 20 )=Goodwill/Total Assets
=/
=

* 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.


Netfin Acquisition Goodwill Related Terms

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


Netfin Acquisition (Netfin Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
445 Park Avenue, 9th Floor, New York, NY, USA, 10022
Website
Netfin Acquisition Corp is a blank check company.
Executives
Marat Rosenberg director, 10 percent owner, officer: President 17 FM 1830, ARGYLE TX 76226
Richard M Maurer director, 10 percent owner, officer: Chief Executive Officer THREE GATEWAY CENTER PITTSBURGH PA 15222
Mvr Netfin Llc 10 percent owner 1717 MCKINNEY AVENUE SUITE 700 DALLAS TX 75202
Vadim Komissarov director 77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Gerard Pascale officer: CFO and Secretary 28 COTTONWOOD LANE HILTON HEAD SC 22926
Martin S Jaskel director, officer: Executive Chairman 2 BROWNLOW COURT LYTTLETON ROAD LONDON X0 N20EA

Netfin Acquisition (Netfin Acquisition) Headlines

From GuruFocus