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FTAI Infrastructure (FTAI Infrastructure) Goodwill-to-Asset : 0.12 (As of Mar. 2024)


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What is FTAI Infrastructure Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. FTAI Infrastructure's Goodwill for the quarter that ended in Mar. 2024 was $275.4 Mil. FTAI Infrastructure's Total Assets for the quarter that ended in Mar. 2024 was $2,344.7 Mil. Therefore, FTAI Infrastructure's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.12.


FTAI Infrastructure Goodwill-to-Asset Historical Data

The historical data trend for FTAI Infrastructure'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.

FTAI Infrastructure Goodwill-to-Asset Chart

FTAI Infrastructure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
- 0.09 0.11 0.11 0.12

FTAI Infrastructure Quarterly Data
Dec19 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 0.11 0.11 0.12 0.12 0.12

Competitive Comparison of FTAI Infrastructure's Goodwill-to-Asset

For the Conglomerates subindustry, FTAI Infrastructure'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.


FTAI Infrastructure's Goodwill-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, FTAI Infrastructure's Goodwill-to-Asset distribution charts can be found below:

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



FTAI Infrastructure 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.

FTAI Infrastructure'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
=275.37/2379.609
=0.12

FTAI Infrastructure'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
=275.37/2344.681
=0.12

* 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.


FTAI Infrastructure  (NAS:FIP) 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.


FTAI Infrastructure Goodwill-to-Asset Related Terms

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FTAI Infrastructure (FTAI Infrastructure) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
FTAI Infrastructure Inc is engaged in five segments; Railroad segment includes five freight railroads and one switching company that provide rail service to certain manufacturing and production facilities, the Jefferson Terminal segment consists of a multi-modal crude oil and refined products terminal and other related assets. Repauno segment consists of a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a new multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities. Power and Gas segment is comprised of an equity method investment in Long Ridge, and Sustainability and Energy Transition segment is comprised of Aleon/Gladieux, Clean Planet, and CarbonFree.
Executives
Scott Christopher officer: CFO, CAO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson officer: President and CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Adams Joseph P. Jr. director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
James L. Hamilton director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Washington State Investment Board 10 percent owner 2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Judith A Hannaway director C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Transportation & Infrastructure Investors Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure General Partnership 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105