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Cousins Properties (Cousins Properties) Goodwill

: $1.7 Mil (As of Dec. 2023)
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A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Cousins Properties's goodwill for the quarter that ended in Dec. 2023 was $1.7 Mil.


Cousins Properties Goodwill Historical Data

The historical data trend for Cousins Properties's Goodwill 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.

Cousins Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 1.67 1.67 1.67 1.67

Cousins Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill 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 Premium Member Only Premium Member Only Premium Member Only 1.67 - 1.67 1.67 1.67

Cousins Properties Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Cousins Properties  (NYSE:CUZ) Goodwill Explanation

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.

Cousins Properties'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
=1.67/7634.474
=0.00

Cousins Properties's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=1.67/7634.474
=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.

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.


Cousins Properties Goodwill Related Terms

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Cousins Properties (Cousins Properties) Business Description

Traded in Other Exchanges
Address
3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.
Executives
Pamela F Roper officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Scott W Fordham director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Dionne Nelson director 3344 PEACHTREE ROAD, NE, SUITE 1800, ATLANTA GA 30326
Jane Kennedy Hicks officer: Executive VP, Investments 1820 PEACHTREE RD NW, #502, ATLANTA GA 30309
Hickson Richard G Iv officer: Executive Vice President 3344 PEACHTREE ROAD NE SUITE 1800, ATLANTA GA 30326
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Gellerstedt Lawrence L Iii officer: President-Office/Multi-Fam Div 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
John S Mccoll officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Edward Manuel Casal director 3344 PEACHTREE ROAD NE, STE 1800, ATLANTA GA 30326
S Taylor Glover director 3344 PEACHTREE ROAD NE STE 1800, ATLANTA 2Q 30326
Lillian C Giornelli director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326
Kelvin L. Davis director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Brenda J Mixson director P.O.BOX 697, ST. HELENA CA 94574
Charles T Cannada director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326