GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Almunajem Foods (SAU:4162) » Definitions » Goodwill-to-Asset

Almunajem Foods (SAU:4162) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Almunajem Foods Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Almunajem Foods's Goodwill for the quarter that ended in Mar. 2024 was ﷼0 Mil. Almunajem Foods's Total Assets for the quarter that ended in Mar. 2024 was ﷼1,739 Mil. Therefore, Almunajem Foods's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Almunajem Foods Goodwill-to-Asset Historical Data

The historical data trend for Almunajem Foods'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.

Almunajem Foods Goodwill-to-Asset Chart

Almunajem Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
- - - -

Almunajem Foods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Almunajem Foods's Goodwill-to-Asset

For the Food Distribution subindustry, Almunajem Foods'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.


Almunajem Foods's Goodwill-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Almunajem Foods's Goodwill-to-Asset distribution charts can be found below:

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



Almunajem Foods 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.

Almunajem Foods's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/1564.757
=0.00

Almunajem Foods'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
=0/1739.285
=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.


Almunajem Foods  (SAU:4162) 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.


Almunajem Foods Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Almunajem Foods's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Almunajem Foods (SAU:4162) Business Description

Traded in Other Exchanges
N/A
Address
7510 Takhassusi Street, P O Box 1544, North Mathar, Riyadh, SAU, 11441
Almunajem Foods is a food company which is engaged in the importation, marketing, and distribution of frozen, chilled, and dry foodstuff. It serves over 18,000 customer outlets including retail, food services, and wholesale channels.

Almunajem Foods (SAU:4162) Headlines

No Headlines