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Link Real Estate Investment Trust (HKSE:00823) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


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What is Link Real Estate Investment Trust Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Link Real Estate Investment Trust's Goodwill for the quarter that ended in Sep. 2023 was HK$337 Mil. Link Real Estate Investment Trust's Total Assets for the quarter that ended in Sep. 2023 was HK$253,689 Mil. Therefore, Link Real Estate Investment Trust's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.00.


Link Real Estate Investment Trust Goodwill-to-Asset Historical Data

The historical data trend for Link Real Estate Investment Trust'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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Link Real Estate Investment Trust Goodwill-to-Asset Chart

Link Real Estate Investment Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Goodwill-to-Asset
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Link Real Estate Investment Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Link Real Estate Investment Trust's Goodwill-to-Asset

For the REIT - Retail subindustry, Link Real Estate Investment Trust'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.


Link Real Estate Investment Trust's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Link Real Estate Investment Trust's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Link Real Estate Investment Trust's Goodwill-to-Asset falls into.



Link Real Estate Investment Trust 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.

Link Real Estate Investment Trust's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=387/267919
=0.00

Link Real Estate Investment Trust's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=337/253689
=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.


Link Real Estate Investment Trust  (HKSE:00823) 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.


Link Real Estate Investment Trust Goodwill-to-Asset Related Terms

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Link Real Estate Investment Trust (HKSE:00823) Business Description

Traded in Other Exchanges
Address
77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and about 60,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions and has since acquired retail and office properties in China, as well as an office development project in Hong Kong. More recently, Link expanded its footprint to Sydney, Melbourne, London, and Singapore.

Link Real Estate Investment Trust (HKSE:00823) Headlines

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