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Keystone Law Group (LSE:KEYS) Goodwill-to-Asset : 0.12 (As of Jan. 2024)


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What is Keystone Law Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Keystone Law Group's Goodwill for the quarter that ended in Jan. 2024 was £4.81 Mil. Keystone Law Group's Total Assets for the quarter that ended in Jan. 2024 was £41.30 Mil. Therefore, Keystone Law Group's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 was 0.12.


Keystone Law Group Goodwill-to-Asset Historical Data

The historical data trend for Keystone Law Group'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.

Keystone Law Group Goodwill-to-Asset Chart

Keystone Law Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.13 0.13 0.12

Keystone Law Group Semi-Annual Data
Jan15 Jan16 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 0.13 - 0.13 - 0.12

Competitive Comparison of Keystone Law Group's Goodwill-to-Asset

For the Specialty Business Services subindustry, Keystone Law Group'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.


Keystone Law Group's Goodwill-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Keystone Law Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Keystone Law Group's Goodwill-to-Asset falls into.



Keystone Law Group 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.

Keystone Law Group's Goodwill to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Goodwill to Asset (A: Jan. 2024 )=Goodwill/Total Assets
=4.81/41.295
=0.12

Keystone Law Group'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
=4.81/41.295
=0.12

* 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.


Keystone Law Group  (LSE:KEYS) 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.


Keystone Law Group Goodwill-to-Asset Related Terms

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Keystone Law Group (LSE:KEYS) Business Description

Traded in Other Exchanges
N/A
Address
48 Chancery Lane, London, GBR, WC2A 1JF
Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.