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Radhika Jeweltech (BOM:540125) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Radhika Jeweltech Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Radhika Jeweltech's Goodwill for the quarter that ended in Mar. 2024 was ₹0 Mil. Radhika Jeweltech's Total Assets for the quarter that ended in Mar. 2024 was ₹3,210 Mil. Therefore, Radhika Jeweltech's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Radhika Jeweltech Goodwill-to-Asset Historical Data

The historical data trend for Radhika Jeweltech'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.

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Radhika Jeweltech Goodwill-to-Asset Chart

Radhika Jeweltech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
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Radhika Jeweltech Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Radhika Jeweltech's Goodwill-to-Asset

For the Luxury Goods subindustry, Radhika Jeweltech'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.


Radhika Jeweltech's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Radhika Jeweltech's Goodwill-to-Asset distribution charts can be found below:

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



Radhika Jeweltech 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.

Radhika Jeweltech's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill to Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0/3210.158
=0.00

Radhika Jeweltech's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=0/3210.158
=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.


Radhika Jeweltech  (BOM:540125) 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.


Radhika Jeweltech Goodwill-to-Asset Related Terms

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Radhika Jeweltech (BOM:540125) Business Description

Traded in Other Exchanges
Address
Kalawad Road, Oppsite Swaminarayan Temple Near Mahila College, Rajkot, GJ, IND, 360001
Radhika Jeweltech Ltd is a jewellery retailer. The company is engaged in trading for gold, silver, diamonds, and platinum ornaments. It generates maximum revenue from the sale of Gold Jewellery.

Radhika Jeweltech (BOM:540125) Headlines

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