AMHGQ (Amergent Hospitality Group) Goodwill-to-Asset: 0.41 (As of Dec. 2022)

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What is Amergent Hospitality Group Goodwill-to-Asset?

Amergent Hospitality Group AMHGQ -99.00% Goodwill-to-Asset is 0.41 as of Dec. 2022.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Amergent Hospitality Group's Goodwill for the quarter that ended in Dec. 2022 was $7.81 Mil. Amergent Hospitality Group's Total Assets for the quarter that ended in Dec. 2022 was $19.19 Mil. Therefore, Amergent Hospitality Group's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 was 0.41.

Amergent Hospitality Group  (OTCPK:AMHGQ) Goodwill-to-Asset Explanation

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.

Amergent Hospitality Group Goodwill-to-Asset Related Terms

Amergent Hospitality Group Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Amergent Hospitality Group's Goodwill-to-Asset 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.

Amergent Hospitality Group Goodwill-to-Asset Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
0.27 0.30 0.30 0.41

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Goodwill-to-Asset 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 0.30 0.30 0.32 0.32 0.41

AMHGQ vs MCD, SBUX, CMG: Goodwill-to-Asset Comparison

For the Restaurants subindustry, Amergent Hospitality Group's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Amergent Hospitality Group Goodwill-to-Asset vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amergent Hospitality Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Amergent Hospitality Group's Goodwill-to-Asset falls into.


Amergent Hospitality Group Goodwill-to-Asset Calculation

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.

Amergent Hospitality Group'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
=7.81/19.185
=0.41

Amergent Hospitality Group'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
=7.81/19.185
=0.41

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.41 mean?
Amergent Hospitality Group (AMHGQ) has a Goodwill-to-Asset of 0.41 as of Dec. 2022. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Amergent Hospitality Group and its competitors.
Is Amergent Hospitality Group's Goodwill-to-Asset too high?
Amergent Hospitality Group's current Goodwill-to-Asset is 0.41.
How does Amergent Hospitality Group's Goodwill-to-Asset compare to MCD and SBUX?
Amergent Hospitality Group's Goodwill-to-Asset of 0.41 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Restaurants company?
A good Goodwill-to-Asset depends on the Restaurants industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Amergent Hospitality Group and its competitors. Amergent Hospitality Group's current Goodwill-to-Asset is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amergent Hospitality Group stock overvalued right now?
Amergent Hospitality Group (AMHGQ) has a current Goodwill-to-Asset of 0.41. The current Goodwill-to-Asset is 0.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Amergent Hospitality Group (AMHGQ), the current Goodwill-to-Asset is 0.41 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.

Amergent Hospitality Group Business Description

Address 7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.