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Marathon Bancorp (Marathon Bancorp) Goodwill : $0.00 Mil (As of Mar. 2024)


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What is Marathon Bancorp 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. Marathon Bancorp's goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil.


Marathon Bancorp Goodwill Historical Data

The historical data trend for Marathon Bancorp'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.

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Marathon Bancorp Goodwill Chart

Marathon Bancorp Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Goodwill
- - - -

Marathon Bancorp 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 - - - - -

Marathon Bancorp 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.


Marathon Bancorp  (OTCPK:MBBC) 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.

Marathon Bancorp's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (A: Jun. 2023 )=Goodwill/Total Assets
=0/238.779
=0.00

Marathon Bancorp'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
=0/225.816
=0.00

* 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.


Marathon Bancorp Goodwill Related Terms

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Marathon Bancorp (Marathon Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
500 Scott Street, Wausau, WI, USA, 54403
Marathon Bancorp Inc is a Wisconsin-chartered savings bank. It is a community-oriented bank offering a variety of financial products and services to meet the needs of customers. The primary deposit products are demand deposits, savings, and certificates of deposits; and prime lending products are commercial real estate, commercial and industrial, construction, one-to-four-family residential, multifamily real estate, and consumer loans. The majority of the Company's revenues come from interest income on loans and debt securities available for sale.
Executives
Nicholas W Zillges director, officer: President and CEO 500 SCOTT STREET, WAUSAU WI 54403
Joy Selting-buchberger officer: SVP and CFO 500 SCOTT STREET, WAUSAU WI 54403
Michelle Knopf officer: EVP/Dir. of Mortgage Services 500 SCOTT STREET, WAUSAU WI 54403
Terry Cornish officer: SVP and CCO 500 SCOTT STREET, WAUSAU WI 54403
Nora Spatz officer: EVP and CAO 500 SCOTT STREET, WAUSAU WI 54403
Amy Zientara director, other: Chairwoman of the Board 500 SCOTT STREET, WAUSAU WI 54403
Thomas L Grimm director 500 SCOTT STREET, WAUSAU WI 54403
Timothy R Wimmer director 500 SCOTT STREET, WAUSAU WI 54403
Ann M Werth director 500 SCOTT STREET, WAUSAU WI 54403
Thomas Terwilliger director 500 SCOTT STREET, WAUSAU WI 54403
Mhc Marathon 10 percent owner 500 SCOTT STREET, WAUSAU WI 54403

Marathon Bancorp (Marathon Bancorp) Headlines

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