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Vital Healthcare Property Trust (NZSE:VHP) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Vital Healthcare Property Trust Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Vital Healthcare Property Trust's Goodwill for the quarter that ended in Dec. 2023 was NZ$0.0 Mil. Vital Healthcare Property Trust's Total Assets for the quarter that ended in Dec. 2023 was NZ$3,269.7 Mil. Therefore, Vital Healthcare Property Trust's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Vital Healthcare Property Trust Goodwill-to-Asset Historical Data

The historical data trend for Vital Healthcare Property 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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Vital Healthcare Property Trust Goodwill-to-Asset Chart

Vital Healthcare Property Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Goodwill-to-Asset
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Vital Healthcare Property Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Vital Healthcare Property Trust's Goodwill-to-Asset

For the REIT - Healthcare Facilities subindustry, Vital Healthcare Property 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.


Vital Healthcare Property Trust's Goodwill-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Vital Healthcare Property Trust's Goodwill-to-Asset falls into.



Vital Healthcare Property 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.

Vital Healthcare Property Trust's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill to Asset (A: Jun. 2023 )=Goodwill/Total Assets
=0/3429.712
=0.00

Vital Healthcare Property Trust'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
=0/3269.749
=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.


Vital Healthcare Property Trust  (NZSE:VHP) 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.


Vital Healthcare Property Trust Goodwill-to-Asset Related Terms

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Vital Healthcare Property Trust (NZSE:VHP) Business Description

Traded in Other Exchanges
N/A
Address
Level 17, HSBC Tower, 188 Quay Street, Auckland, NTL, NZL, 1010
Vital Healthcare Property Trust is a healthcare REIT. The vast majority of revenue is generated in Australia, followed by New Zealand. Most of the company's tenants are for-profit hospitals, followed by medical consultants and nonprofit hospitals. The company is focused on protecting the interests of investors and other stakeholders. The company considers merger and acquisition investment as a component of its operational growth strategy.

Vital Healthcare Property Trust (NZSE:VHP) Headlines

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