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Washington H Soul Pattinson (ASX:SOL) Goodwill-to-Asset : 0.00 (As of Jan. 2024)


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What is Washington H Soul Pattinson Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Washington H Soul Pattinson's Goodwill for the quarter that ended in Jan. 2024 was A$0.0 Mil. Washington H Soul Pattinson's Total Assets for the quarter that ended in Jan. 2024 was A$10,236.9 Mil. Therefore, Washington H Soul Pattinson's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 was 0.00.


Washington H Soul Pattinson Goodwill-to-Asset Historical Data

The historical data trend for Washington H Soul Pattinson'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.

Washington H Soul Pattinson Goodwill-to-Asset Chart

Washington H Soul Pattinson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - - 0.01

Washington H Soul Pattinson Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - - 0.01 -

Competitive Comparison of Washington H Soul Pattinson's Goodwill-to-Asset

For the Capital Markets subindustry, Washington H Soul Pattinson'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.


Washington H Soul Pattinson's Goodwill-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Washington H Soul Pattinson's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Washington H Soul Pattinson's Goodwill-to-Asset falls into.



Washington H Soul Pattinson 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.

Washington H Soul Pattinson's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Goodwill to Asset (A: Jul. 2023 )=Goodwill/Total Assets
=131.15/9797.187
=0.01

Washington H Soul Pattinson's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Goodwill to Asset (Q: Jan. 2024 )=Goodwill/Total Assets
=0/10236.918
=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.


Washington H Soul Pattinson  (ASX:SOL) 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.


Washington H Soul Pattinson Goodwill-to-Asset Related Terms

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Washington H Soul Pattinson (ASX:SOL) Business Description

Traded in Other Exchanges
Address
151 Clarence Street, Level 14, Sydney, NSW, AUS, 2000
Washington H. Soul Pattinson, or Soul Patts, is a value-oriented investment house which invests in both public and private markets. As an investor, Soul Patts allocates capital with a view to taking a long-term position in its investments and on a passive basis. Long-term holdings in the group's three largest investments—TPG Telecom, Brickworks and New Hope Corporation—contribute more than half of the group's circa AUD 11 billion investment net asset value. A cross-shareholding between Soul Patts and Brickworks was established in the 1960s.