GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shutterstock Inc (NYSE:SSTK) » Definitions » Goodwill-to-Asset

Shutterstock (Shutterstock) Goodwill-to-Asset : 0.39 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Shutterstock Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Shutterstock's Goodwill for the quarter that ended in Mar. 2024 was $402.8 Mil. Shutterstock's Total Assets for the quarter that ended in Mar. 2024 was $1,028.5 Mil. Therefore, Shutterstock's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.


Shutterstock Goodwill-to-Asset Historical Data

The historical data trend for Shutterstock'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.

Shutterstock Goodwill-to-Asset Chart

Shutterstock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.12 0.26 0.43 0.37

Shutterstock Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.45 0.38 0.38 0.37 0.39

Competitive Comparison of Shutterstock's Goodwill-to-Asset

For the Internet Content & Information subindustry, Shutterstock'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.


Shutterstock's Goodwill-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shutterstock's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Shutterstock's Goodwill-to-Asset falls into.



Shutterstock 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.

Shutterstock'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
=383.33/1036.015
=0.37

Shutterstock'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
=402.79/1028.503
=0.39

* 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.


Shutterstock  (NYSE:SSTK) 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.


Shutterstock Goodwill-to-Asset Related Terms

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


Shutterstock (Shutterstock) Business Description

Traded in Other Exchanges
Address
350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118
Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, generates almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand, and the majority of the company's sales are derived from the company's shutterstock.com website. The firm's customers include traditional enterprises, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.
Executives
Jonathan Oringer director, 10 percent owner, officer: Chief Executive Officer C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Steven Ciardiello officer: Chief Accounting Officer 269 HANCE ROAD, FAIR HAVEN NJ 07704
John Caine officer: Global Head of eCommerce 350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Paul J. Hennessy director C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Deirdre Mary Bigley director 109 INWOOD AVENUE, MONTCLAIR NJ 07043
Jarrod Yahes officer: Chief Financial Officer 425 W. 53RD STREET, PH1, NEW YORK NY 10119
Peter Silvio officer: Chief Technology Officer C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Stan Pavlovsky director, officer: Chief Executive Officer 3316 LINCOLN AVE NE, RENTON WA 98056
Thomas R Evans director 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Alfonse L Upshaw director 350 FIFTH AVENUE, 21ST FL, NEW YORK NY 10118
Abraham Moshe Muchnick officer: Chief Product Officer C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Martin Brodbeck officer: Chief Technology Officer 26 BLAIR ROAD, ARMONK NY 10504
Louis Weiss officer: Chief Marketing Officer C/O VITAMIN SHOPPE, 2101 91ST STREET, NORTH BERGEN NJ 07047
Jeffrey Kane Weiser officer: Chief Marketing Officer 314 S. GLENROY AVENUE, LOS ANGELES CA 90049