GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Papa John's International Inc (NAS:PZZA) » Definitions » Goodwill

Papa John's International (Papa John's International) Goodwill : $76 Mil (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Papa John's International Goodwill?

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. Papa John's International's goodwill for the quarter that ended in Dec. 2023 was $76 Mil.


Papa John's International Goodwill Historical Data

The historical data trend for Papa John's International'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.

Papa John's International Goodwill Chart

Papa John's International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.34 80.79 80.63 70.62 76.21

Papa John's International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill 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 70.62 70.79 76.62 76.01 76.21

Papa John's International 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.


Papa John's International  (NAS:PZZA) 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.

Papa John's International'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
=76.21/875.005
=0.09

Papa John's International'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
=76.21/875.005
=0.09

* 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.


Papa John's International Goodwill Related Terms

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


Papa John's International (Papa John's International) Business Description

Traded in Other Exchanges
Address
2002 Papa John's Boulevard, Louisville, KY, USA, 40299-2367
Papa John's is one of the largest players in the global QSR pizza market, boasting more than 5,700 restaurants across nearly 50 countries at the end of 2022. The firm operates a predominantly franchised system, owning just shy of 10% of its restaurants and generating revenue from franchise royalties, sales of pizza, and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the third-largest limited-service pizza chain in the U.S. and fourth-largest globally, with a sizable presence in the U.K., China, South Korea, and Chile.
Executives
John W Garratt director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Stephen L Gibbs director C/O SCIENTIFIC GAMES CORPORATION, 1500 BLUEGRASS LAKES PARKWAY, ALPHARETTA, GA 30004
John C Miller director
Ravi Thanawala officer: Chief Financial Officer 788 CIRCLE 75 PARKWAY, ATLANTA GA 30339
Christopher K Collins officer: VP, Treasury and Tax 788 CIRCLE 75 PARKWAY, ATLANTA GA 30339
Marvin Boakye officer: Chief People Officer PO BOX 99900, LOUISVILLE KY 40269
Olivia F Kirtley director 6655 LANCER BLVD, SAN ANTONIO TX 78219
Robert Lynch director, officer: President and CEO P. O. BOX 99900, LOUISVILLE KY 40269
Jack H Swaysland officer: SVP, COO - International PO BOX 99900, LOUISVILLE KY 40269
Jeffrey C Smith director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
James Norberg officer: SVP, CROO PO BOX 99900, LOUISVILLE KY 40269
Caroline Miller Oyler officer: SVP, General Counsel P.O. BOX 99900, LOUISVILLE KY 40269
Ann B Gugino officer: Chief Financial Officer 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Steven R Coke officer: VP, IR and Strategy P.O. BOX 99900, LOUISVILLE KY 40269
Amanda Clark officer: Chief Development Officer PO BOX 99900, LOUISVILLE KY 40269