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Nexeo Solutions (Nexeo Solutions) Goodwill : $698 Mil (As of Dec. 2018)


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What is Nexeo Solutions 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. Nexeo Solutions's goodwill for the quarter that ended in Dec. 2018 was $698 Mil.


Nexeo Solutions Goodwill Historical Data

The historical data trend for Nexeo Solutions'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.

Nexeo Solutions Goodwill Chart

Nexeo Solutions Annual Data
Trend Dec14 Dec15 Sep16 Sep17 Sep18
Goodwill
- - 665.70 703.00 699.90

Nexeo Solutions Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 703.90 706.20 700.60 699.90 697.60

Nexeo Solutions 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.


Nexeo Solutions  (NAS:NXEO) 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.

Nexeo Solutions's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2018 is calculated as

Goodwill-to-Asset (A: Sep. 2018 )=Goodwill/Total Assets
=699.9/2243.6
=0.31

Nexeo Solutions's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Goodwill-to-Asset (Q: Dec. 2018 )=Goodwill/Total Assets
=697.6/2179.1
=0.32

* 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.


Nexeo Solutions Goodwill Related Terms

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Nexeo Solutions (Nexeo Solutions) Business Description

Traded in Other Exchanges
N/A
Address
Nexeo Solutions Inc distributes chemicals and plastic products across North America and Asia. The company operates its business through three segments that are; Chemicals, Plastics, and Environmental Services. The firm through its operating segments distributes specialty and industrial chemicals, additives and solvents to industrial users, commodity polymer products and prime engineering resins to companies engaged in plastics processing. Nexeo also provides its customers with on-site and off-site hazardous and non-hazardous waste collection, recovery and arrangement for disposal services or recycling. It generates the majority of the revenues from the sale of chemicals and plastic materials.
Executives
James G Coulter 10 percent owner, other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Thomas E Zacharias director C/O W P CAREY & CO LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Brian Herington officer: Executive VP, Chemicals 3 WATERWAY SQUARE PLACE, SUITE 1000, THE WOODLANDS TX 77380
Steven T Romick 10 percent owner 11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
J Richard Atwood 10 percent owner
Brian A. Selmo 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Gabriela Garcia officer: Controller 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
David A. Bradley director, officer: President & CEO 15710 JOHN F. KENNDEY BLVD, SUITE 300, HOUSTON TX 77032
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010
Kenneth Michael Burke director 11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Ross Crane officer: EVP & CFO 3 WATERWAY SQUARE PLACE, SUITE 1000, THE WOODLANDS TX 77380
Tpg Advisors Vi, Inc. other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs) Advisors, Inc. other: Former 10% Owner C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102