GURUFOCUS.COM » STOCK LIST » Technology » Software » Alkami Technology Inc (NAS:ALKT) » Definitions » Goodwill

Alkami Technology (Alkami Technology) Goodwill : $148.1 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Alkami Technology 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. Alkami Technology's goodwill for the quarter that ended in Mar. 2024 was $148.1 Mil.


Alkami Technology Goodwill Historical Data

The historical data trend for Alkami Technology'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.

Alkami Technology Goodwill Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
- 16.22 48.09 148.02 148.05

Alkami Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 148.05 148.05 148.05 148.05 148.05

Alkami Technology 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.


Alkami Technology  (NAS:ALKT) 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.

Alkami Technology'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
=148.05/399.825
=0.37

Alkami Technology'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
=148.05/397.642
=0.37

* 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.


Alkami Technology Goodwill Related Terms

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


Alkami Technology (Alkami Technology) Business Description

Traded in Other Exchanges
Address
5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024
Alkami is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.
Executives
W Bryan Hill officer: Chief Financial Officer
Douglas A. Linebarger officer: Chief Legal Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon officer: Chf. Strategist & Sales Offr. C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Maria Ines Alvarez director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen director, officer: Chief Executive Officer
Kristy Ramundi officer: Chief Accounting Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Alex Shootman director, officer: Chief Executive Officer 1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Raphael Osnoss director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Gary Lynn Nelson director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart director OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Christopher Todd Clark director 3250 BRIAR PARK, SUITE 400, HOUSTON TX 77042
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven R Mitchell director C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532