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Glenveagh Properties (DUB:GVR) Goodwill-to-Asset : 0.01 (As of Dec. 2023)


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What is Glenveagh Properties Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Glenveagh Properties's Goodwill for the quarter that ended in Dec. 2023 was €5.7 Mil. Glenveagh Properties's Total Assets for the quarter that ended in Dec. 2023 was €935.3 Mil. Therefore, Glenveagh Properties's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.01.


Glenveagh Properties Goodwill-to-Asset Historical Data

The historical data trend for Glenveagh Properties'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.

Glenveagh Properties Goodwill-to-Asset Chart

Glenveagh Properties Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial - - - 0.01 0.01

Glenveagh Properties Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.01 0.01 0.01

Competitive Comparison of Glenveagh Properties's Goodwill-to-Asset

For the Residential Construction subindustry, Glenveagh Properties'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.


Glenveagh Properties's Goodwill-to-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Glenveagh Properties's Goodwill-to-Asset distribution charts can be found below:

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



Glenveagh Properties 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.

Glenveagh Properties'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
=5.7/935.342
=0.01

Glenveagh Properties'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
=5.7/935.342
=0.01

* 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.


Glenveagh Properties  (DUB:GVR) 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.


Glenveagh Properties Goodwill-to-Asset Related Terms

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Glenveagh Properties (DUB:GVR) Business Description

Traded in Other Exchanges
Address
Block B, Straffan Road, Maynooth Business Campus, Maynooth, Kildare, IRL, W23 W5X7
Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organised into three key reportable segments, 1) The Suburban segment is engaged in housing (with some low rise apartments) with demand coming from private buyers and institutions. 2) Urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located primarily in Dublin and Cork, but also on sites adjacent to significant rail transportation hubs. 3) Partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost, or phased basis into a development agreement with Glenveagh. Approximately 50% of the product is delivered back to the government or local authority via social and affordable homes.

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