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Tigers Realm Coal (ASX:TIG) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Tigers Realm Coal Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tigers Realm Coal's Goodwill for the quarter that ended in Dec. 2023 was A$0.0 Mil. Tigers Realm Coal's Total Assets for the quarter that ended in Dec. 2023 was A$214.7 Mil. Therefore, Tigers Realm Coal's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Tigers Realm Coal Goodwill-to-Asset Historical Data

The historical data trend for Tigers Realm Coal'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.

Tigers Realm Coal Goodwill-to-Asset Chart

Tigers Realm Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Tigers Realm Coal Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Tigers Realm Coal's Goodwill-to-Asset

For the Coking Coal subindustry, Tigers Realm Coal'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.


Tigers Realm Coal's Goodwill-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tigers Realm Coal's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Tigers Realm Coal's Goodwill-to-Asset falls into.



Tigers Realm Coal 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.

Tigers Realm Coal'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
=0/214.746
=0.00

Tigers Realm Coal'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
=0/214.746
=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.


Tigers Realm Coal  (ASX:TIG) 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.


Tigers Realm Coal Goodwill-to-Asset Related Terms

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Tigers Realm Coal (ASX:TIG) Business Description

Traded in Other Exchanges
N/A
Address
37 Leningradski Avenue, Moscow, RUS, 125167
Tigers Realm Coal Ltd is engaged in the identification, exploration, development, mining, and sale of coal from deposits in the Far East of the Russian Federation. Its objectives encompass the development of the Amaam Coking Coal Deposits, comprising its two, well-located, large coking coal project. The Amaam Coal Project is located in the Beringovsky Basin, in the Chukotka Autonomous Okrug. The Amaam North and Amaam deposits are located within separate structural blocks of the Bering Coal Basin. The company derives revenue from the Asia region.

Tigers Realm Coal (ASX:TIG) Headlines

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