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Research Solutions (Research Solutions) Goodwill : $16.45 Mil (As of Dec. 2023)


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What is Research Solutions 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. Research Solutions's goodwill for the quarter that ended in Dec. 2023 was $16.45 Mil.


Research Solutions Goodwill Historical Data

The historical data trend for Research Solutions'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.

Research Solutions Goodwill Chart

Research Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Research Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 3.24 16.45

Research Solutions 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.


Research Solutions  (NAS:RSSS) 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.

Research Solutions's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (A: Jun. 2023 )=Goodwill/Total Assets
=0/21.835
=0.00

Research Solutions's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=16.45/39.463
=0.42

* 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.


Research Solutions Goodwill Related Terms

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Research Solutions (Research Solutions) Business Description

Traded in Other Exchanges
Address
10624 S. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052
Research Solutions Inc is a holding company. The company provides a cloud-based SaaS research intelligence platform consisting of proprietary software and Internet-based interfaces. Its platform also allows customers to find and download digital versions of STM articles. Platforms and Transactions are packaged as a single solution that enables life science and other research-intensive organizations to speed up research and development activities. The company platform allows customers to initiate orders, manage transactions, automate authentication, obtain reports, and connect seamlessly to corporate intranets.
Executives
Peter Derycz director, 10 percent owner, officer: CEO & President 207 10TH STREET, SANTA MONICA CA 90402
Bristol Capital Advisors, Llc other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Bristol Investment Fund Ltd other: See Explanation of Responses 89 NEXUS WAY, CAMANA BAY, PO BOX 311063, GRAND CAYMAN E9 KY1-1205
Paul Kessler other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Janice M Peterson other: See Explanation of Responses 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Roy W Olivier director 11425 WEST LAKE PARK DRIVE, SUITE 900, MILWAUKEE WI 53224
Barbara J. Cooperman director 10624 S. EASTERN AVENUE, SUITE A-614, HENDERSON NV 89052
Eugene Vlad Robin director 2508 FISK LANE, REDONDO BEACH CA 90278
William Nurthen officer: CFO & Secretary 500 N. DEARBORN, SUITE 1200, CHICAGO IL 60610
Shane Alan Hunt officer: Chief Customer Success Officer C/O RESEARCH SOLUTIONS, INC., 10624 S. EASTERN AVE, SUITE A-614, HENDERSON NV 89052
Alan Louis Urban officer: CFO & Secretary 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404
Marc Nissan officer: Chief Technology Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436
12 West Capital Management Lp 10 percent owner 475 TENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Van Der Heijden Michiel officer: Chief Product Officer 10624 S. EASTERN AVE.., STE, A-614, HENDERSON NV 89052
Erkel Rogier Van officer: Chief Sales Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436