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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. Quantum's goodwill for the quarter that ended in Jun. 2023 was $13.0 Mil.
The historical data trend for Quantum'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.
Quantum Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Goodwill | Get a 7-Day Free Trial | - | - | 3.47 | 12.97 | 12.97 |
Quantum Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Goodwill | Get a 7-Day Free Trial | 12.97 | 12.97 | 12.97 | 12.97 | 12.97 |
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.
Quantum (NAS:QMCO) 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.
Quantum's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
Goodwill-to-Asset (A: Mar. 2023 ) | = | Goodwill | / | Total Assets |
= | 12.97 | / | 213.657 | |
= | 0.06 |
Quantum's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2023 is calculated as
Goodwill-to-Asset (Q: Jun. 2023 ) | = | Goodwill | / | Total Assets |
= | 12.97 | / | 210.484 | |
= | 0.06 |
* 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.
Thank you for viewing the detailed overview of Quantum's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian E Cabrera | officer: Chief Legal & Ofcr; Corp Secy | CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113 |
James J Lerner | director, officer: Pres. & CEO, Chairman of Board | C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014 |
Laura A. Nash | officer: Chief Accounting Officer | C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110 |
John Hurley | officer: Chief Revenue Officer | 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110 |
Kenneth P. Gianella | officer: Chief Financial Officer | C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134 |
Hugues Meyrath | director | 1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110 |
Don Jaworksi | director | 224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110 |
Lewis W. Moorehead | officer: Chief Accounting Officer | 1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142 |
J Michael Dodson | officer: Senior Vice President, CFO | 1220 N. SIMON CIRCLE, ANAHEIM CA 92806 |
Christopher D. Neumeyer | director | 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110 |
Pacific Investment Management Co Llc | 10 percent owner | 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
Yue Zhou White | director | C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110 |
Marc E Rothman | director | 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196 |
Raghavendra Rau | director | C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134 |
John Fichthorn | director | C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004 |
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