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Merchants & Marine Bancorp (Merchants & Marine Bancorp) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Merchants & Marine Bancorp Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Merchants & Marine Bancorp's Goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil. Merchants & Marine Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $673.06 Mil. Therefore, Merchants & Marine Bancorp's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Merchants & Marine Bancorp Goodwill-to-Asset Historical Data

The historical data trend for Merchants & Marine 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.

Merchants & Marine Bancorp Goodwill-to-Asset Chart

Merchants & Marine Bancorp Annual Data
Trend Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Merchants & Marine Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 0.01 - - 0.01 -

Competitive Comparison of Merchants & Marine Bancorp's Goodwill-to-Asset

For the Banks - Regional subindustry, Merchants & Marine 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.


Merchants & Marine Bancorp's Goodwill-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Merchants & Marine Bancorp's Goodwill-to-Asset falls into.



Merchants & Marine 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.

Merchants & Marine Bancorp'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
=4.54/686.157
=0.01

Merchants & Marine Bancorp'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
=0/673.06
=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.


Merchants & Marine Bancorp  (OTCPK:MNMB) 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.


Merchants & Marine Bancorp Goodwill-to-Asset Related Terms

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Merchants & Marine Bancorp (Merchants & Marine Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
3118 Pascagoula Street, Pascagoula, MS, USA, 39567
Merchants & Marine Bancorp Inc provides full-service financial banking services to individuals, partnerships, corporations, and governmental agencies. Its deposit products include checking accounts, savings accounts, individual retirement accounts, and certificates of deposit. The bank generates commercial, mortgage, and consumer loans and receives deposits from customers located in Jackson and George Counties in Mississippi and Baldwin County in Alabama.
Executives
Elise Bourgeois officer: Sr VP 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Martin Regan officer: Senior VP 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
John F Grafe director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
James M Wheat officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Moore Paul H Sr other: Honorary Director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Hammond Frank J Iii director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
St Pe Gerald J director 270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
O Linwood Grierson officer: Senior Vice President - Securi 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Gregory Todd Trenchard officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Royce Cumbest director, officer: President, Ch of Bd & CEO 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Jerry L Lee other: Honorary Director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Lynda J Gautier director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Fox Clarence Henry Jr. officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Herman E Smith officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Scott B Lemon other: Advisor 3118 PASCAGOULA STREET, PASCAGOULA MS 39567

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