PSAV (PSAV) Goodwill-to-Asset: 0.32 (As of Mar. 2016)

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What is PSAV Goodwill-to-Asset?

PSAV PSAV Goodwill-to-Asset is 0.32 as of Mar. 2016.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. PSAV's Goodwill for the quarter that ended in Mar. 2016 was $398.53 Mil. PSAV's Total Assets for the quarter that ended in Mar. 2016 was $1,260.12 Mil. Therefore, PSAV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2016 was 0.32.


PSAV  (NYSE:PSAV) 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.


PSAV Goodwill-to-Asset Related Terms


PSAV Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for PSAV'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.

PSAV Goodwill-to-Asset Chart

PSAV Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Goodwill-to-Asset
0.00 0.36 0.31 0.31

PSAV Quarterly Data
Dec12 Dec13 Mar15 Jun15 Sep15 Dec15 Mar16
Goodwill-to-Asset Get a 7-Day Free Trial 0.00 0.30 0.31 0.31 0.32

PSAV vs CRCO, ASKH, PTSX: Goodwill-to-Asset Comparison

For the Broadcasting subindustry, PSAV'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.


PSAV Goodwill-to-Asset vs Media - Diversified Industry

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

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



PSAV 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.

PSAV's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Goodwill to Asset (A: Dec. 2015 )=Goodwill/Total Assets
=385.95/1235.168
=0.31

PSAV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

Goodwill to Asset (Q: Mar. 2016 )=Goodwill/Total Assets
=398.53/1260.124
=0.32

* 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 0.32 mean?
PSAV (PSAV) has a Goodwill-to-Asset of 0.32 as of Mar. 2016. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on PSAV and its competitors.
Is PSAV's Goodwill-to-Asset too high?
PSAV's current Goodwill-to-Asset is 0.32.
How does PSAV's Goodwill-to-Asset compare to CRCO and ASKH?
PSAV's Goodwill-to-Asset of 0.32 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Goodwill-to-Asset depends on the Media - Diversified 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 PSAV and its competitors. PSAV's current Goodwill-to-Asset is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSAV stock overvalued right now?
PSAV (PSAV) has a current Goodwill-to-Asset of 0.32. The current Goodwill-to-Asset is 0.32. 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 PSAV (PSAV), the current Goodwill-to-Asset is 0.32 as of Mar. 2016. 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.

PSAV Business Description

PSAV Inc was incorporated in Delaware on August 11, 2015. The Company along with its subsidiaries provides event technology services. The Company provides services including audiovisual services, equipment rental, staging and meeting services, communication systems, and related technical support to its customers in various venues, including hotels and convention centers. The Company's Video technology includes front and rear projection from large format HD high lumen projection to boardroom-style projectors, playback systems, image magnification, digital capture, cameras and display systems, including LED displays and video walls; Rigging Solutions include design and installation of permanently installed rig points in meeting venues, day-to-day deployment of rigging systems to safely transform meeting and event spaces for larger and more sophisticated set and lighting designs and certified trainers and inspectors; Wi-Fi Solutions include managing venues' entire network to provide customers secure and reliable wired and wireless solutions; Staging includes collections of custom screens and the ability to provide concert sound, broadcast quality projection, seasoned stage producers, and CAD drawing; Creative Services including Thematic creation, PowerPoint display, video creation, & stage sets; Mobile Device Applications tailored to the specific events that provide the schedule of events, maps, sponsors and detailed information on the host customer; Video Mapping / Simultaneous Translation; Virtual Meetings and Events; Event Consultation and Support, Power Distribution Solutions including streamlining of special event power distribution for event and production power across events, meeting rooms and trade shows; Audio including microphone and sound solutions with digital mixers, wireless microphones, networked audio and proprietary software to control live sound systems; and Lighting including speaker and stage lighting, intelligent lighting and decorative and theatrical lighting through gel lights and LED lights. The Company operates in two segments including Domestic and International. The Domestic segment provides services to customers throughout the United States and Puerto Rico; and is provider of event technology services at approximately over 1,000 hotel properties and other event venues. The International segment provides services to its customers in Canada, Mexico, the Caribbean, Europe and the Middle East, in addition to providing non-venue based services in Asia; and provides event technology services at approximately over 300 international hotel properties and other event venues. The Company's customers include corporations, event organizers, trade associations and meeting planners. The Company faces competition from Freeman Company.