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HKHC (Horizon Kinetics Holding) Goodwill-to-Asset : 0.07 (As of Sep. 2024)


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What is Horizon Kinetics Holding Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Horizon Kinetics Holding's Goodwill for the quarter that ended in Sep. 2024 was $24.43 Mil. Horizon Kinetics Holding's Total Assets for the quarter that ended in Sep. 2024 was $365.12 Mil. Therefore, Horizon Kinetics Holding's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.07.


Horizon Kinetics Holding Goodwill-to-Asset Historical Data

The historical data trend for Horizon Kinetics Holding'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.

Horizon Kinetics Holding Goodwill-to-Asset Chart

Horizon Kinetics Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.11 0.08 - -

Horizon Kinetics Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.07

Competitive Comparison of Horizon Kinetics Holding's Goodwill-to-Asset

For the Asset Management subindustry, Horizon Kinetics Holding'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.


Horizon Kinetics Holding's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Horizon Kinetics Holding's Goodwill-to-Asset distribution charts can be found below:

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



Horizon Kinetics Holding 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.

Horizon Kinetics Holding'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
=0/6.367
=0.00

Horizon Kinetics Holding'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
=24.43/365.116
=0.07

* 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.


Horizon Kinetics Holding  (OTCPK:HKHC) 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.


Horizon Kinetics Holding Goodwill-to-Asset Related Terms

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Horizon Kinetics Holding Business Description

Traded in Other Exchanges
N/A
Address
470 Park Avenue S, New York, NY, USA, 10061
Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies.
Executives
John Mcannar director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Maran Partners Fund, Lp 10 percent owner 150 FILLMORE STREET, SUITE 150, DENVER CO 80206
Mark E Goldstein director, 10 percent owner, officer: COB/President/CEO 4880 HAVANA ST, DENVER CO 80239
David M Arndt officer: Chief Financial Officer 3184 BARBWIRE WAY, CASTLE ROCK CT 80108
Tisha Pedrazzini director 15276 W. ELLSWORTH PL, GOLDEN CO 80401
R. Rimmy Malhotra director C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Maran Capital Management, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Daniel J Roller 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Partners Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv, Lp 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Andrew Summers director 601 JEFFERSON STREET, HOUSTON TX 77002
Kevin A. Paprzycki officer: Chief Financial Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017