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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. Taubman Centers's goodwill for the quarter that ended in Sep. 2020 was $0.00 Mil.
The historical data trend for Taubman Centers'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.
Taubman Centers Annual Data | |||||||||||||||||||||
Trend | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | |||||||||||
Goodwill | Get a 7-Day Free Trial | - | - | - | - | - |
Taubman Centers Quarterly Data | ||||||||||||||||||||
Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | |
Goodwill | Get a 7-Day Free Trial | - | - | - | - | - |
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.
Taubman Centers (NYSE:TCOpK.PFD) 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.
Taubman Centers's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as
Goodwill-to-Asset (A: Dec. 2019 ) | = | Goodwill | / | Total Assets |
= | 0 | / | 4515.465 | |
= | 0.00 |
Taubman Centers's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2020 is calculated as
Goodwill-to-Asset (Q: Sep. 2020 ) | = | Goodwill | / | Total Assets |
= | 0 | / | 4579.59 | |
= | 0.00 |
* 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 Taubman Centers's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Ryan Hurren | officer: VP, Investor Relations, CAO | C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304 |
Michelle J Goldberg | director | 601 UNION STREET, SUITE 3100, SEATTLE WA 98101 |
Nancy Killefer | director | 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042 |
Janice L Fields | director | 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167 |
Jonathan Litt | director | LAND AND BUILDINGS, 1 LANDMARK SQUARE, 7TH FLOOR, STAMFORD CT 06901 |
Michael J Embler | director | C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608 |
Mayree C Clark | director | C/O ALLY FINANCIAL INC., 200 RENAISSANCE CENTER, DETROIT MI 48265 |
Paul Aubrey Wright | officer: EVP, Global Head of Leasing | C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304 |
Peter John Sharp | officer: President, Taubman Asia Mngmt | C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304 |
Marakovits Cornelia Connelly | director | C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE RD., STE 300, BLOOMFIELD HILLS MI 48304 |
Simon Leopold | officer: CFO | 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304 |
David A. Wolff | officer: CAO | 70 E. LONG LAKE RD., BLOOMFIELD HILLS MI 48304-2324 |
David Ii Joseph | officer: Senior Vice President, Leasing | TAUBMAN CENTERS, INC., 200 E. LONG LAKE RD., SUITE 300, BLOOMFIELD HILLS MI 48304-2324 |
Rene Tremblay | officer: President, Taubman Asia Mngmt | SUITE 1107-11, 11/F, TWO PACIFIC PLACE, 88 QUEENSWAY, ADMIRALTY K3 00000 |
Ronald W Tysoe | director | C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202 |
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