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United Financial Bancorp (United Financial Bancorp) Goodwill-to-Asset

: 0.02 (As of Jun. 2019)
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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. United Financial Bancorp's Goodwill for the quarter that ended in Jun. 2019 was $116.7 Mil. United Financial Bancorp's Total Assets for the quarter that ended in Jun. 2019 was $7,336.0 Mil. Therefore, United Financial Bancorp's Goodwill to Asset Ratio for the quarter that ended in Jun. 2019 was 0.02.


United Financial Bancorp Goodwill-to-Asset Historical Data

The historical data trend for United Financial Bancorp'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.

United Financial Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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

United Financial Bancorp Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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

For the Banks - Regional subindustry, United Financial Bancorp'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.


United Financial Bancorp Goodwill-to-Asset Distribution

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

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



United Financial Bancorp 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.

United Financial Bancorp's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Goodwill to Asset (A: Dec. 2018 )=Goodwill/Total Assets
=116.77/7356.874
=0.02

United Financial Bancorp's Goodwill to Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Goodwill to Asset (Q: Jun. 2019 )=Goodwill/Total Assets
=116.71/7335.955
=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.


United Financial Bancorp  (NAS:RCKB) 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.


United Financial Bancorp Goodwill-to-Asset Related Terms

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United Financial Bancorp (United Financial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
225 Asylum Street, Hartford, CT, USA, 06033
United Financial Bancorp Inc, through its subsidiaries, provides traditional banking products and services to business organizations and individuals offering products such as residential and commercial real estate loans, and commercial business loans.

United Financial Bancorp (United Financial Bancorp) Headlines