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InnerWorkings (FRA:QPV) Goodwill-to-Asset : 0.28 (As of Jun. 2020)


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What is InnerWorkings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. InnerWorkings's Goodwill for the quarter that ended in Jun. 2020 was €128.7 Mil. InnerWorkings's Total Assets for the quarter that ended in Jun. 2020 was €466.2 Mil. Therefore, InnerWorkings's Goodwill to Asset Ratio for the quarter that ended in Jun. 2020 was 0.28.


InnerWorkings Goodwill-to-Asset Historical Data

The historical data trend for InnerWorkings'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.

* Premium members only.

InnerWorkings Goodwill-to-Asset Chart

InnerWorkings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.34 0.31 0.25 0.24

InnerWorkings Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.22 0.24 0.25 0.28

Competitive Comparison of InnerWorkings's Goodwill-to-Asset

For the Advertising Agencies subindustry, InnerWorkings'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.


InnerWorkings's Goodwill-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InnerWorkings's Goodwill-to-Asset distribution charts can be found below:

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



InnerWorkings 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.

InnerWorkings'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
=136.989/566.355
=0.24

InnerWorkings's Goodwill to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Goodwill to Asset (Q: Jun. 2020 )=Goodwill/Total Assets
=128.733/466.229
=0.28

* 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.


InnerWorkings  (FRA:QPV) 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.


InnerWorkings Goodwill-to-Asset Related Terms

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InnerWorkings (FRA:QPV) Business Description

Traded in Other Exchanges
N/A
Address
203 North LaSalle Street, Suite 1800, Chicago, IL, USA, 60601
InnerWorkings Inc is a marketing supply-chain company that provides marketing solutions, such as advertising materials, branded merchandise, product packaging, and retail displays. The company has three geographical reportable segments namely North America, EMEA, and LATAM. It generates maximum revenue from North America segment. The company operates a software platform called VALO that enables customers to a source, produce, monitor, and analyze their marketing plan with the company.

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