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Youngevity International (Youngevity International) Goodwill : $7.0 Mil (As of Sep. 2020)


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What is Youngevity International 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. Youngevity International's goodwill for the quarter that ended in Sep. 2020 was $7.0 Mil.


Youngevity International Goodwill Historical Data

The historical data trend for Youngevity International'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.

Youngevity International Goodwill Chart

Youngevity International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Goodwill
Get a 7-Day Free Trial 6.32 6.32 6.32 6.32 6.99

Youngevity International 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 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 10.68 6.99 6.99 6.99 6.99

Youngevity International 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.


Youngevity International  (OTCPK:YGYI) 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.

Youngevity International'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
=6.99/89.691
=0.08

Youngevity International'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
=6.99/85.558
=0.08

* 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.


Youngevity International Goodwill Related Terms

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Youngevity International (Youngevity International) Business Description

Traded in Other Exchanges
N/A
Address
2400 Boswell Road, Chula Vista, CA, USA, 91914
Youngevity International Inc offers nutritional products and commercial coffee. The company operates in three segments, the Direct Selling segment which generates the majority of its revenue, the commercial hemp segment and the Commercial Coffee segment. Its product portfolio includes nutritional supplements, sports and energy drinks, health and wellness, lifestyle products, gourmet coffee, and skincare and cosmetics.
Executives
Paul Sallwasser director C/O ELYS GAME TECHNOLOGY CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Richard Renton director C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
Michelle Wallach director, 10 percent owner, officer: CHIEF OPERATING OFFICER C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
Stephan Wallach director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
David Briskie director, officer: PRESIDENT AND CFO C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
William G Thompson director C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
Kevin B Allodi director C/O YOUNGEVITY INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
William Andreoli officer: PRESIDENT C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
John P Rochon director 2400 NORTH DALLAS PARKWAY, PLANO TX 75093

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