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Titaanium Ten Enterprise (BOM:539985) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Titaanium Ten Enterprise Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Titaanium Ten Enterprise's Goodwill for the quarter that ended in Mar. 2024 was ₹0 Mil. Titaanium Ten Enterprise's Total Assets for the quarter that ended in Mar. 2024 was ₹631 Mil. Therefore, Titaanium Ten Enterprise's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Titaanium Ten Enterprise Goodwill-to-Asset Historical Data

The historical data trend for Titaanium Ten Enterprise'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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Titaanium Ten Enterprise Goodwill-to-Asset Chart

Titaanium Ten Enterprise Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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Titaanium Ten Enterprise Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Titaanium Ten Enterprise's Goodwill-to-Asset

For the Textile Manufacturing subindustry, Titaanium Ten Enterprise'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.


Titaanium Ten Enterprise's Goodwill-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Titaanium Ten Enterprise's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Titaanium Ten Enterprise's Goodwill-to-Asset falls into.



Titaanium Ten Enterprise 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.

Titaanium Ten Enterprise's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill to Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0/630.971
=0.00

Titaanium Ten Enterprise'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
=0/630.971
=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.


Titaanium Ten Enterprise  (BOM:539985) 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.


Titaanium Ten Enterprise Goodwill-to-Asset Related Terms

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Titaanium Ten Enterprise (BOM:539985) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, Shop No. 901/914, 9th Floor, Rajhans Complex, Beside Nirmal Children Hospital, Surat, GJ, IND, 395002
Titaanium Ten Enterprise Ltd operates in the textile industry. The company is mainly engaged in the trading of yarn, grey cloth, and knitted fabrics as well as manufacturing of knitted fabrics. It operates through Textile and Logistic segments. The firm generates majority revenue from the Textile segment.

Titaanium Ten Enterprise (BOM:539985) Headlines

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