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GBTG (Global Business Travel Group) Goodwill-to-Asset : 0.33 (As of Sep. 2024)


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What is Global Business Travel Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Global Business Travel Group's Goodwill for the quarter that ended in Sep. 2024 was $1,236 Mil. Global Business Travel Group's Total Assets for the quarter that ended in Sep. 2024 was $3,752 Mil. Therefore, Global Business Travel Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.33.


Global Business Travel Group Goodwill-to-Asset Historical Data

The historical data trend for Global Business Travel 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.

* Premium members only.

Global Business Travel Group Goodwill-to-Asset Chart

Global Business Travel Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
- 0.37 0.36 0.32 0.32

Global Business Travel Group Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.31 0.32 0.31 0.32 0.33

Competitive Comparison of Global Business Travel Group's Goodwill-to-Asset

For the Software - Application subindustry, Global Business Travel 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.


Global Business Travel Group's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Global Business Travel Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Global Business Travel Group's Goodwill-to-Asset falls into.



Global Business Travel 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.

Global Business Travel Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1212/3751
=0.32

Global Business Travel Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill to Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=1236/3752
=0.33

* 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.


Global Business Travel Group  (NYSE:GBTG) 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.


Global Business Travel Group Goodwill-to-Asset Related Terms

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Global Business Travel Group Business Description

Traded in Other Exchanges
N/A
Address
666 3rd Avenue, 4th Floor, New York, NY, USA, 10017
Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.
Executives
Karen A Williams officer: Chief Financial Officer C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Paul G Abbott director, officer: Chief Executive Officer C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Eric J. Bock officer: See remarks 300 GALLERIA PARKWAY, NW, ATLANTA GA 30339
Martine Gerow officer: Chief Financial Officer C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
James Peter Bush director 200 VESEY STREET, NEW YORK NY 10285
Vliet Christopher Van officer: Vice President, Controller C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Asof Investment Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael Qualantone officer: Chief Revenue Officer C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Expedia Group, Inc. director, 10 percent owner 1111 EXPEDIA GROUP WAY W., SEATTLE WA 98119
Evan Konwiser officer: See remarks C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Boriana Tchobanova officer: Chief Transformation Officer C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Mark Hollyhead officer: President, Egencia C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Patricia Anne Huska officer: Chief People Officer C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Andrew George Crawley officer: Chief Commercial Officer C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017