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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. Tristar Acquisition I's goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil.
The historical data trend for Tristar Acquisition I'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.
Tristar Acquisition I Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Goodwill | - | - | - |
Tristar Acquisition I Quarterly Data | |||||||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Goodwill | Get a 7-Day Free Trial | - | - | - | - | - |
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.
Tristar Acquisition I (NYSE:TRIS) 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.
Tristar Acquisition I'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 | / | 115.82 | |
= |
Tristar Acquisition I'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 | / | 117.252 | |
= |
* 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.
Thank you for viewing the detailed overview of Tristar Acquisition I's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Ri (richard) Yuan | officer: Chief Investment Officer | 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON, MA 01803 |
Xiaoma Lu | officer: Chief Executive Officer | 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803 |
Xinyue Jasmine Geffner | director | 105 BAISHI ROAD, JIUZHOU WEST AVENUE, ZHUHAI F4 0000000000 |
Wang Chiu Wong | director | THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN, E9 KY1 1208 |
Stephen Markscheid | director | C/O ENER-CORE, INC., 9400 TOLEDO WAY, IRVINE CA 92618 |
Mounger William M Ii | officer: See Remarks | C/O TRITEL INC, 111 E CAPITAL STREET SUITE 500, JACKSON MS 39201 |
Navy Sail International Limited | 10 percent owner | 19/F 145 HENNESSY ROAD, WANCHAI, HONG KONG F4 00000 |
Michael H Liu | director, officer: CFO | 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803 |
Alex Parker | director | C/O TRISTAR ACQUISITION I CORP., 2870 PEACHTREE RD. NW, SUITE 509, ATLANTA GA 30305 |
Gregory Harold Boyd | director | C/O TRISTAR ACQUISITION I CORP., 2870 PEACHTREE RD. NW, SUITE 509, ATLANTA GA 30305 |
Tristar Holdings I Llc | 10 percent owner | 2870 PEACHTREE RD NW, SUITE 509, ATLANTA GA 30305 |
Jones David A Jr/ky | director | C/O HUMANA INC, 500 WEST MAIN STREET, LOUISVILLE KY 40202 |
Cathy-ann Martine-dolecki | director, officer: Chief Operating Officer | 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031 |
Chun Yi Hao | director, 10 percent owner, officer: CEO | 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803 |
Robert E. Willis | director | C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309 |
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