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Agfa-Gevaert NV (Agfa-Gevaert NV) Goodwill-to-Asset : 0.16 (As of Mar. 2024)


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What is Agfa-Gevaert NV Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Agfa-Gevaert NV's Goodwill for the quarter that ended in Mar. 2024 was $235 Mil. Agfa-Gevaert NV's Total Assets for the quarter that ended in Mar. 2024 was $1,492 Mil. Therefore, Agfa-Gevaert NV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.16.


Agfa-Gevaert NV Goodwill-to-Asset Historical Data

The historical data trend for Agfa-Gevaert NV'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.

Agfa-Gevaert NV Goodwill-to-Asset Chart

Agfa-Gevaert NV 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 0.21 0.12 0.13 0.13 0.16

Agfa-Gevaert NV 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 0.13 0.16 0.16 0.16 0.16

Competitive Comparison of Agfa-Gevaert NV's Goodwill-to-Asset

For the Specialty Industrial Machinery subindustry, Agfa-Gevaert NV'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.


Agfa-Gevaert NV's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Agfa-Gevaert NV's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Agfa-Gevaert NV's Goodwill-to-Asset falls into.



Agfa-Gevaert NV 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.

Agfa-Gevaert NV'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
=234.46/1491.821
=0.16

Agfa-Gevaert NV'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
=234.783/1492.391
=0.16

* 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.


Agfa-Gevaert NV  (OTCPK:AFGVY) 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.


Agfa-Gevaert NV Goodwill-to-Asset Related Terms

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Agfa-Gevaert NV (Agfa-Gevaert NV) Business Description

Traded in Other Exchanges
Address
Septestraat 27, Mortsel, BEL, B-2640
Agfa-Gevaert NV develops, produces, and distributes a range of analog and digital imaging systems and information technology solutions, for the printing sector, healthcare sector, and specific industrial applications. The company's operating segment includes Offset Solutions; Digital Print and Chemicals; Radiology Solutions and Healthcare IT. It generates maximum revenue from the Offset Solutions segment. The Offset Solutions division is a supplier to the offset printing industry, offering commercial, newspaper, and packaging printers and an extensive range of integrated prepress and printing solutions.

Agfa-Gevaert NV (Agfa-Gevaert NV) Headlines