GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PartnerRe Ltd (NYSE:PREpG.PFD) » Definitions » Goodwill-to-Asset

PartnerRe (PartnerRe) Goodwill-to-Asset : 0.02 (As of Dec. 2020)


View and export this data going back to 2016. Start your Free Trial

What is PartnerRe Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. PartnerRe's Goodwill for the quarter that ended in Dec. 2020 was $456.38 Mil. PartnerRe's Total Assets for the quarter that ended in Dec. 2020 was $26,898.58 Mil. Therefore, PartnerRe's Goodwill to Asset Ratio for the quarter that ended in Dec. 2020 was 0.02.


PartnerRe Goodwill-to-Asset Historical Data

The historical data trend for PartnerRe'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.

PartnerRe Goodwill-to-Asset Chart

PartnerRe Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

PartnerRe Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of PartnerRe's Goodwill-to-Asset

For the Insurance - Reinsurance subindustry, PartnerRe'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.


PartnerRe's Goodwill-to-Asset Distribution in the Insurance Industry

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

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



PartnerRe 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.

PartnerRe's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill to Asset (A: Dec. 2020 )=Goodwill/Total Assets
=456.38/26898.575
=0.02

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

Goodwill to Asset (Q: Dec. 2020 )=Goodwill/Total Assets
=456.38/26898.575
=0.02

* 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.


PartnerRe  (NYSE:PREpG.PFD) 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.


PartnerRe Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of PartnerRe's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


PartnerRe (PartnerRe) Business Description

Traded in Other Exchanges
Address
90 Pitts Bay Road, Wellesley House South, Pembroke, BMU, HM 08
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. It operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the non-life business division.

PartnerRe (PartnerRe) Headlines

From GuruFocus

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 28,649 Shares

By GuruFocus Research GuruFocus Editor 12-21-2010

17 Cheap Dividend Income Grower with Low P/S

By Dividend Dividend 09-11-2013

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 20,560 Shares

By GuruFocus Research GuruFocus Editor 12-21-2010

PartnerRe Ltd. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 16,600 Shares

By GuruFocus Research GuruFocus Editor 12-29-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 55,636 Shares

By GuruFocus Research GuruFocus Editor 03-18-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 7,000 Shares

By GuruFocus Research GuruFocus Editor 12-29-2010

Mario Gabelli Comments on PartnerRe Ltd

By Holly LaFon Holly LaFon 01-29-2016

4 Dirt-Cheap Dividend Stocks: PRE, STD, NTT, GXP

By gurufocus Street Authority 02-17-2011

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 17,640 Shares

By GuruFocus Research GuruFocus Editor 12-22-2010