My City Builders (My City Builders) Goodwill-to-Asset : 0.00 (As of Jan. 2024)

My City Builders Goodwill-to-Asset Chart

My City Builders Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Goodwill-to-Asset		Get a 7-Day Free Trial					-	-	-	-	-

My City Builders Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Goodwill-to-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of My City Builders's Goodwill-to-Asset

For the Real Estate - Development subindustry, My City Builders'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.

My City Builders's Goodwill-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, My City Builders's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where My City Builders's Goodwill-to-Asset falls into.

My City Builders 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.

My City Builders's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

My City Builders's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.

My City Builders  (OTCPK:MYCB) 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.

My City Builders Goodwill-to-Asset Related Terms

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My City Builders (My City Builders) Business Description