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FedNat Holding Co (FedNat Holding Co) Goodwill-to-Asset : 0.00 (As of Mar. 2022)


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What is FedNat Holding Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. FedNat Holding Co's Goodwill for the quarter that ended in Mar. 2022 was $0.0 Mil. FedNat Holding Co's Total Assets for the quarter that ended in Mar. 2022 was $1,202.0 Mil. Therefore, FedNat Holding Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2022 was 0.00.


FedNat Holding Co Goodwill-to-Asset Historical Data

The historical data trend for FedNat Holding Co'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.

FedNat Holding Co Goodwill-to-Asset Chart

FedNat Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 - -

FedNat Holding Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - - - - -

Competitive Comparison of FedNat Holding Co's Goodwill-to-Asset

For the Insurance - Property & Casualty subindustry, FedNat Holding Co'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.


FedNat Holding Co's Goodwill-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FedNat Holding Co's Goodwill-to-Asset distribution charts can be found below:

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



FedNat Holding Co 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.

FedNat Holding Co's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill to Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/1412.67
=0.00

FedNat Holding Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Goodwill to Asset (Q: Mar. 2022 )=Goodwill/Total Assets
=0/1201.961
=0.00

* 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.


FedNat Holding Co  (OTCPK:FNHCQ) 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.


FedNat Holding Co Goodwill-to-Asset Related Terms

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FedNat Holding Co (FedNat Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
14050 N.W. 14th Street, Suite 180, Sunrise, FL, USA, 33323
FedNat Holding Co is a provider of property and liability insurance products in the United States. It offers underwriting services to homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. The company markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The segments of the company are Homeowners, Automobile and Other, of which a majority of the revenue is derived from the Homeowners segment. The Homeowners line of business consists of the homeowners and fire property and casualty insurance business.
Executives
David K. Patterson director 14050 N.W. 14TH STREET, SUITE 180, SUNRISE FL 33323
Roberta Nell Young director 23043 SUNFIELD DRIVE, BOCA RATON FL 33433
David W Michelson director 111 CONGRESSIONAL BLVD., SUITE 500, CARMEL IN 46032
Ronald Arthur Jordan officer: Chief Financial Officer 5817 CRUTCHFIELD FARM RD, OAK RIDGE NC 27310
Erick Anthony Fernandez officer: CAO 1537 MANTUA AVENUE, CORAL GABLES FL 33146
Thomas Alexander Rogers director 466 ROLLING ROAD, ROSEMONT PA 19010
Patrick Mccahill officer: Chief Operating Officer 14050 NW 14TH STREET, SUITE 180, SUNRISE FL 33323
Michael H Braun director, officer: Chief Executive Officer & Pres 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
Bruce Simberg director, other: Chairman of the Board 3440 HOLLYWOOD BLVD 2ND FL, HOLLYWOOD FL 33021
Wilcox Richard W Jr director 7220 SW 6 STREET, PLANTATION FL 33317
Jenifer G Kimbrough director 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
William Gorman Stewart director 4024 STEWART ROAD, BOX 159, STEVENSON MD 21153
Hale Partnership Fund, L.p. 10 percent owner 3335 PARK SOUTH STATION BLVD., CHARLOTTE NC 28210
Hale Steven A Ii 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Hale Partnership Capital Management, Llc 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210