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Darling Ingredients (Darling Ingredients) Goodwill-to-Asset : 0.23 (As of Dec. 2023)


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What is Darling Ingredients Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Darling Ingredients's Goodwill for the quarter that ended in Dec. 2023 was $2,485 Mil. Darling Ingredients's Total Assets for the quarter that ended in Dec. 2023 was $11,061 Mil. Therefore, Darling Ingredients's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.23.


Darling Ingredients Goodwill-to-Asset Historical Data

The historical data trend for Darling Ingredients's Goodwill-to-Asset 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.

Darling Ingredients Goodwill-to-Asset Chart

Darling Ingredients Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.23 0.20 0.21 0.23

Darling Ingredients Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill-to-Asset 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 0.24 0.23 0.23 0.23 -

Competitive Comparison of Darling Ingredients's Goodwill-to-Asset

For the Packaged Foods subindustry, Darling Ingredients's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Darling Ingredients's Goodwill-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Darling Ingredients's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Darling Ingredients's Goodwill-to-Asset falls into.



Darling Ingredients Goodwill-to-Asset Calculation

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.

Darling Ingredients'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
=2484.5/11061.084
=0.22

Darling Ingredients'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
=2484.5/11061.084
=0.22

* 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.


Darling Ingredients  (NYSE:DAR) Goodwill-to-Asset Explanation

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.


Darling Ingredients Goodwill-to-Asset Related Terms

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Darling Ingredients (Darling Ingredients) Business Description

Traded in Other Exchanges
Address
5601 N MacArthur Boulevard, Irving, TX, USA, 75038
Darling Ingredients Inc develops and manufactures sustainable ingredients for customers in the pharmaceutical, food, pet food, fuel, and fertilizer industries. It collects and transforms all aspects of animal by-product streams into ingredients, including gelatin, fats, proteins, pet food ingredients, fertilizers, and other specialty products. Also, the company recovers and converts used cooking oil and bakery remnants into feed and fuel ingredients. Darling has three primary business segments: feed ingredients (the majority of revenue), food ingredients, and fuel ingredients. It provides grease trap services for food businesses and sells various equipment for collecting and delivering cooking oil. The company derives the majority of its revenue from customers in North America.
Executives
Joseph Manzi officer: Chief Accounting Officer 5601 N. MACARTHUR BLVD., IRVING TX 75038
Robert W Day officer: EVP Chief Strategy Officer 5601 N. MACARTHUR BLVD, IRVING TX 75038
Matthew J Jansen officer: COO North America C/O DARLING INGREDIENTS INC., 5601 N. MACARTHUR BLVD, IRVING TX 75038
Patrick Mcnutt officer: EVP Chief Admin Officer 5601 N. MACARTHUR BLVD, IRVING TX 75038
Charles L Adair director 251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
John Bullock officer: EVP Chief Strategy Officer 251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
Randall C Stuewe director, officer: Chairman and CEO
Van Der Velden Jan officer: EVP Int Rendering&Specialties 251 O'CONNOR RIDGE BLVD, SUITE 300, IRVING TX 75038
Gary W. Mize director GEVO, INC., 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Brandon Lairmore officer: EVP US Rendering Operations 4221 E. ALEXANDRIA PIKE, COLD SPRING KY 41076
Larry Barden director 5601 N. MACARTHUR BLVD, IRVING TX 75038
Enderson Guimaraes director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Kurt Stoffel director 5601 N. MACARTHUR BLVD, IRVING TX 75038
Elizabeth Albright director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898