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Appian (Appian) Goodwill : $27.1 Mil (As of Dec. 2023)


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What is Appian 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. Appian's goodwill for the quarter that ended in Dec. 2023 was $27.1 Mil.


Appian Goodwill Historical Data

The historical data trend for Appian'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.

Appian Goodwill Chart

Appian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.86 27.80 26.35 27.11

Appian Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.35 26.71 26.62 25.99 27.11

Appian 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.


Appian  (NAS:APPN) 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.

Appian'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
=27.11/627.503
=0.04

Appian's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=27.11/627.503
=0.04

* 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.


Appian Goodwill Related Terms

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Appian (Appian) Business Description

Traded in Other Exchanges
Address
7950 Jones Branch Drive, McLean, VA, USA, 22102
Appian is a low-code enterprise platform-as-a-service company focusing on business process management. The Appian platform is an integrated automation platform providing tools for organizations to design, automate, and optimize end-to-end processes and complex business operations. Capabilities include case management, robotic process automation, artificial intelligence, data fabric, and process mining. Most of Appian's revenue is subscription based with the remainder from services, with much of its subscription revenue being derived from its cloud-based platform, Appian Cloud.
Executives
Abdiel Qualified Master Fund Lp 10 percent owner 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Christopher M Jones officer: Chief Revenue Officer 935 STEWART DR, SUNNYVALE CA 94085
Mark Matheos officer: Chief Accounting Officer 7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Christopher Winters officer: General Counsel 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Abdiel Partners, Llc 10 percent owner C/O ABDIEL CAPITAL, 90 PARK AVENUE, FLOOR 29, NEW YORK NY 10016
Shirley Ann Edwards director 7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Mark Steven Lynch officer: Chief Financial Officer 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Pavel Zamudio-ramirez officer: Chief Customer Officer 7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Robert Charles Kramer director, officer: General Manager 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
William D. Mccarthy director 3111 CORONADO DRIVE, C/O INFOBLOX INC., SANTA CLARA CA 95054
Eric Calvin Cross officer: Chief Revenue Officer C/O APPIAN CORPORATION, 7950 JONES BRANCH DRIVE, TYSONS VA 22102
Biddle Albert G.w. Iii director, 10 percent owner 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael G Devine director 6480 DOBBIN ROAD, COLUMBIA MD 21045
Prashanth Boccassam director 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael J. Mulligan director 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190