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Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Goodwill : $0.0 Mil (As of Dec. 2023)


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What is Columbia Seligman Premium Technology Growth Fund 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. Columbia Seligman Premium Technology Growth Fund's goodwill for the quarter that ended in Dec. 2023 was $0.0 Mil.


Columbia Seligman Premium Technology Growth Fund Goodwill Historical Data

The historical data trend for Columbia Seligman Premium Technology Growth Fund'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.

Columbia Seligman Premium Technology Growth Fund Goodwill Chart

Columbia Seligman Premium Technology Growth Fund Annual Data
Trend Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
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Columbia Seligman Premium Technology Growth Fund Semi-Annual Data
Jun15 Dec15 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Columbia Seligman Premium Technology Growth Fund 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.


Columbia Seligman Premium Technology Growth Fund  (NYSE:STK) 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.

Columbia Seligman Premium Technology Growth Fund'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
=0/484.509
=0.00

Columbia Seligman Premium Technology Growth Fund'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
=0/484.509
=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.


Columbia Seligman Premium Technology Growth Fund Goodwill Related Terms

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Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Franklin Street, Boston, MA, USA, 02110
Columbia Seligman Premium Technology Growth Fund Inc is a closed-end management investment company. Its investment objective is to seek growth of capital and current income. The fund invests in various sectors such as consumer discretionary, industrials, information technology and telecommunication services. Columbia Management Investment Advisers, LLC serves as the investment manager to the fund.
Executives
Janet Carrig director ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Douglas A Hacker director P O BOX 66100-WHQLD, CHICAGO IL 60666
Daniel Beckman officer: Senior Vice President 225 FRANKLIN STREET, BOSTON MA 02110
Gene R Tannuzzo other: Man Dir/GL HD of FI Issuer IA 225 FRANKLIN ST., BOSTON MA 02110
Christopher O. Petersen officer: Vice President and Secretary 5228 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Brian M. Engelking other: Dir.,VP & CFO of Issuer's IA 225 FRANKLIN STREET, BOSTON MA 02110
Sandra Yeager director 225 FRANKLIN ST., BOSTON MA 02110
Jonathan C Cleasby other: Dir., VP & CFO of Issuer's IA 225 FRANKLIN ST., BOSTON MA 02110
Brian J Gallagher director 225 FRANKLIN STREET, BOSTON MA 02110
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Anthony M Santomero director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Joseph Beranek officer: Treasurer of Issuer 225 FRANKLIN ST, BOSTON MA 02110
Scott E Couto other: EVP/Head N.Am. for Issuer's IA 225 FRANKLIN ST, BOSTON MA 02110
Vimal Patel other: Portfolio Manager of Issuer 50606 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Shekhar Pramanick other: Portfolio Manager of Issuer 225 FRANKLIN STREET, BOSTON MA 02110

Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Headlines

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