Goodwill
Goodwill is a financial metric that represents the intangible value of a company's reputation, brand recognition, customer relationships, and other non-physical assets. Goodwill is recorded on a company's balance sheet when it is acquired through a business combination, meaning when one company acquires another company. It represents the excess amount that the acquiring company paid for the acquired company above its net tangible assets. In other words, goodwill reflects the premium paid for intangible assets that are expected to provide long-term benefits to the acquiring company.
Additional Details
| Metric Name |
Type |
Default Period Type |
| goodwill |
fin_statement |
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |