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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. GBT Technologies's goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil.
The historical data trend for GBT Technologies'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.
GBT Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Goodwill | Get a 7-Day Free Trial | - | - | - | - | - |
GBT Technologies Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Goodwill | Get a 7-Day Free Trial | - | - | - | - | - |
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.
GBT Technologies (OTCPK:GTCH) 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.
GBT Technologies'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 |
= | 0 | / | 0.078 | |
= |
GBT Technologies's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2024 is calculated as
Goodwill-to-Asset (Q: Mar. 2024 ) | = | Goodwill | / | Total Assets |
= | 0 | / | 0.074 | |
= |
* 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.
Thank you for viewing the detailed overview of GBT Technologies's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Douglas Landers Davis | officer: CEO | C/O GOPHER PROTOCOL,, 2500 BROADWAY,SUITE F-125, SANTA MONICA CA 90404 |
Mitchell Kirk Tavera | director | 10 CLUB VIEW LANE, ROLLING HILLS ESTATES CA 90274 |
Eva Bitter | director | PACSIRTA UTCA 3., PILISBOROSJENO K5 2097 |
Ned L Siegel | director | 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017 |
Robert M. Yaspan | director | 21700 OXNARD STREET, SUITE 1750, WOODLAND HILLS CA 91367 |
Judit Nagypal | director | HANS-DOLLGAST STR. 12, MUNICH 2M 80807 |
Muhammad Khilji | director | 23832 ROCKFIELD BLVD, UNIT 170, LAKE FOREST CA 92630 |
Kevin Pickard | officer: Chief Financial Officer | 28245 AVENUE CROCKER, SUITE 220, VALENCIA CA 91355 |
Dan Rittman | director, 10 percent owner, officer: Chief Technology Officer | C/O GOPHER PROTOCOL INC., 23129 CAJALCO ROAD, PERRIS CA 92570 |
Direct Communications, Inc | 10 percent owner | 19528 VENTURA BLVD #355, TARZANA CA 91356 |
Michael Murray | director, 10 percent owner, officer: President, CEO & Secretary | C/O GOPHER PROTOCOL INC., 23129 CAJALCO ROAD, PERRIS CA 92570 |
Reko Holdings, Llc | 10 percent owner | 20154 CHAPTER DR, WOODLAND HILLS CA 91364 |
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