PRPI (Perpetual Industries) Goodwill: $3.24 Mil (As of Dec. 2022)


What is Perpetual Industries Goodwill?

Perpetual Industries PRPI +0.03% Goodwill is $3.24 Mil as of Dec. 2022.

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. Perpetual Industries's goodwill for the quarter that ended in Dec. 2022 was $3.24 Mil.

Perpetual Industries  (OTCPK:PRPI) 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.

Perpetual Industries's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )=Goodwill/Total Assets
=3.243/10.367
=0.31

Perpetual Industries's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (Q: Dec. 2022 )=Goodwill/Total Assets
=3.243/10.367
=0.31

* 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.

Perpetual Industries Goodwill Related Terms

Perpetual Industries Goodwill Historical Data

* Premium members only.

The historical data trend for Perpetual Industries'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.

Perpetual Industries Goodwill Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Goodwill
0.00 0.00 0.00 7.81 3.24

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Goodwill 0.00 0.00 0.00 7.81 3.24

Perpetual Industries 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of $3.24 Mil mean?
Perpetual Industries (PRPI) has a Goodwill of $3.24 Mil as of Dec. 2022. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Goodwill too high?
Perpetual Industries' current Goodwill is $3.24 Mil.
How does Perpetual Industries' Goodwill compare to BRBL and JKSM?
Perpetual Industries' Goodwill of $3.24 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for an Industrial Products company?
A good Goodwill depends on the Industrial Products industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Perpetual Industries and its competitors. Perpetual Industries's current Goodwill is $3.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Goodwill of $3.24 Mil. The current Goodwill is $3.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Perpetual Industries (PRPI), the current Goodwill is $3.24 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.