GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Dare Power Dekor Home Co Ltd (SZSE:000910) » Definitions » Goodwill-to-Asset

Dare Power Dekor Home Co (SZSE:000910) Goodwill-to-Asset : 0.02 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Dare Power Dekor Home Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Dare Power Dekor Home Co's Goodwill for the quarter that ended in Mar. 2024 was ¥189 Mil. Dare Power Dekor Home Co's Total Assets for the quarter that ended in Mar. 2024 was ¥9,209 Mil. Therefore, Dare Power Dekor Home Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.02.


Dare Power Dekor Home Co Goodwill-to-Asset Historical Data

The historical data trend for Dare Power Dekor Home Co'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.

Dare Power Dekor Home Co Goodwill-to-Asset Chart

Dare Power Dekor Home Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Dare Power Dekor Home Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Dare Power Dekor Home Co's Goodwill-to-Asset

For the Lumber & Wood Production subindustry, Dare Power Dekor Home Co'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.


Dare Power Dekor Home Co's Goodwill-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dare Power Dekor Home Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Dare Power Dekor Home Co's Goodwill-to-Asset falls into.



Dare Power Dekor Home Co 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.

Dare Power Dekor Home Co'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
=188.34/9530.452
=0.02

Dare Power Dekor Home Co'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
=188.51/9209.291
=0.02

* 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.


Dare Power Dekor Home Co  (SZSE:000910) 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.


Dare Power Dekor Home Co Goodwill-to-Asset Related Terms

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


Dare Power Dekor Home Co (SZSE:000910) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Qiliang Road, Daya Industrial Park, Economic Development Zone, Jiangsu Province, Danyang, CHN, 212310
Dare Power Dekor Home Co Ltd provides plywood and flooring materials in China. Geographically operates through China, however, it distributes its product in both Chinese and overseas market.

Dare Power Dekor Home Co (SZSE:000910) Headlines

No Headlines