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Fiesta Restaurant Group (Fiesta Restaurant Group) Goodwill : $56.3 Mil (As of Jun. 2023)


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What is Fiesta Restaurant Group 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. Fiesta Restaurant Group's goodwill for the quarter that ended in Jun. 2023 was $56.3 Mil.


Fiesta Restaurant Group Goodwill Historical Data

The historical data trend for Fiesta Restaurant Group'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.

Fiesta Restaurant Group Goodwill Chart

Fiesta Restaurant Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.48 56.31 56.31 56.31 56.31

Fiesta Restaurant Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 56.31 56.31 56.31 56.31 56.31

Fiesta Restaurant Group 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.


Fiesta Restaurant Group  (NAS:FRGI) 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.

Fiesta Restaurant Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )=Goodwill/Total Assets
=56.31/348.691
=0.16

Fiesta Restaurant Group's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=56.31/348.864
=0.16

* 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.


Fiesta Restaurant Group Goodwill Related Terms

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Fiesta Restaurant Group (Fiesta Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
14800 Landmark Boulevard, Suite 500, Dallas, TX, USA, 75254
Fiesta Restaurant Group Inc owns two fast-casual restaurant brands: Pollo Tropical, which offers Caribbean-inspired food; and Taco Cabana, which offers Mexican food. Collectively, the company owns and operates more than 300 restaurants in the southern United States. Roughly three-quarters of all Pollo Tropical restaurants are located in Florida. Taco Cabana restaurants are located almost exclusively in Texas. The company also franchises restaurants in Central and South America, which account for a very small portion of total company revenue.
Executives
Nirmal K Tripathy director THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Tyler Yoesting officer: Vice President and Acting CFO C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Ulyses Camacho officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Eladio Romeo officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Patricia Lopez-calleja officer: SVP, Guest Engagement C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Andrew Rechtschaffen director C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Cheri Kinder officer: VP, Corporate Controller 14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Louis Dipietro officer: SVP, GC and Secretary 35 PARK STREET, NORFOLK MA 02056
Anthony Dinkins officer: SVP of Human Resources 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Hope Diaz officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Dirk A Montgomery officer: SVP, CFO and Treasurer C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Richard C. Stockinger officer: CEO and President C/O BENIHANA INC., 8685 N.W. 53RD TERRACE, MIAMI FL 33166
Sherrill Kaplan director C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BOULEVARD, SUITE 500, DALLAS TX 75254
Joseph Brink officer: VP, Chief Procurement Officer 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254