GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » House Of Jane Inc (OTCPK:HOJI) » Definitions » Goodwill

House Of Jane (House Of Jane) Goodwill : $0.00 Mil (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is House Of Jane 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. House Of Jane's goodwill for the quarter that ended in . 20 was $0.00 Mil.


House Of Jane Goodwill Historical Data

The historical data trend for House Of Jane'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.

House Of Jane Goodwill Chart

House Of Jane Annual Data
Trend
Goodwill

House Of Jane Semi-Annual Data
Goodwill

House Of Jane 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.


House Of Jane  (OTCPK:HOJI) 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.

House Of Jane's Goodwill-to-Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill-to-Asset (A: . 20 )=Goodwill/Total Assets
=/
=

House Of Jane's Goodwill-to-Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill-to-Asset (Q: . 20 )=Goodwill/Total Assets
=/
=

* 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.


House Of Jane Goodwill Related Terms

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


House Of Jane (House Of Jane) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1 North 1st Street, Suite 654, Phoenix, AZ, USA, 85004
House Of Jane Inc manufactures, sells, and distributes a line of beverages infused with cannabinoids derived from legal hemp. The company offers its product under the HOJI brand.

House Of Jane (House Of Jane) Headlines

No Headlines