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UiPath (UiPath) Goodwill : $89 Mil (As of Jan. 2024)


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What is UiPath 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. UiPath's goodwill for the quarter that ended in Jan. 2024 was $89 Mil.


UiPath Goodwill Historical Data

The historical data trend for UiPath'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.

UiPath Goodwill Chart

UiPath Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Goodwill
25.31 28.06 53.56 88.01 89.03

UiPath Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 88.01 89.21 90.05 87.29 89.03

UiPath 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.


UiPath  (NYSE:PATH) 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.

UiPath's Goodwill-to-Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Goodwill-to-Asset (A: Jan. 2024 )=Goodwill/Total Assets
=89.03/2954.758
=0.03

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

Goodwill-to-Asset (Q: Jan. 2024 )=Goodwill/Total Assets
=89.03/2954.758
=0.03

* 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.


UiPath Goodwill Related Terms

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UiPath (UiPath) Business Description

Traded in Other Exchanges
Address
One Vanderbilt Avenue, 60th Floor, New York, NY, USA, 10017
UiPath Inc creates an end-to-end platform that provides automation with user emulation at its core. Its platform is built to be used by employees throughout a company and to address a wide variety of use cases, from simple tasks to long-running, complex business processes. It generates revenue from the sale of licenses for its proprietary software, maintenance and support, and professional services. It generates a majority of its revenues from the US, followed by Romania.
Executives
Ashim Gupta officer: Chief Financial Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Rich Wong director, 10 percent owner 428 UNIVERSITY AVE, PALO ALTO CA 94555
Brad Brubaker officer: GC & Chief Legal Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Hitesh Ramani officer: Chief Accounting Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Karenann K Terrell director C/O PLURALSIGHT, INC., 182 NORTH UNION AVENUE, FARMINGTON UT 84025
Kimberly Hammonds director 100 EAST DAVIE STREET, RALEIGH NC 27601
Robert Enslin officer: co-Chief Executive Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Christopher Lee Weber officer: Chief Business Officer C/O UIPATH, INC., 452 5TH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Ted Kummert officer: EVP, Product & Engineering C/O UIPATH, INC., 452 FIFTH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Daniel Dines director, 10 percent owner, officer: CEO and Chairman C/O UIPATH, INC., 452 FIFTH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Thomas Neergaard Hansen officer: Chief Revenue Officer C/O UIPATH, INC., 452 FIFTH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Philippe Botteri director, 10 percent owner 500 UNIVERSITY AVENUE, PALO ALTO CA 94301
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
Thomas F Mendoza director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Accel Growth Fund Iv Strategic Partners L.p. 10 percent owner 428 UNIVERSITY AVENUE, PALO ALTO CA 94301