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Anupam Rasayan India (BOM:543275) Goodwill-to-Asset : 0.03 (As of Mar. 2024)


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What is Anupam Rasayan India Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Anupam Rasayan India's Goodwill for the quarter that ended in Mar. 2024 was ₹1,232 Mil. Anupam Rasayan India's Total Assets for the quarter that ended in Mar. 2024 was ₹46,017 Mil. Therefore, Anupam Rasayan India's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.03.


Anupam Rasayan India Goodwill-to-Asset Historical Data

The historical data trend for Anupam Rasayan India'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.

Anupam Rasayan India Goodwill-to-Asset Chart

Anupam Rasayan India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
Get a 7-Day Free Trial - - - 0.03 0.03

Anupam Rasayan India Quarterly Data
Mar18 Mar19 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 0.03 - 0.03 - 0.03

Competitive Comparison of Anupam Rasayan India's Goodwill-to-Asset

For the Specialty Chemicals subindustry, Anupam Rasayan India'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.


Anupam Rasayan India's Goodwill-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anupam Rasayan India's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Anupam Rasayan India's Goodwill-to-Asset falls into.



Anupam Rasayan India 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.

Anupam Rasayan India'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
=1232.05/46016.65
=0.03

Anupam Rasayan India'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
=1232.05/46016.65
=0.03

* 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.


Anupam Rasayan India  (BOM:543275) 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.


Anupam Rasayan India Goodwill-to-Asset Related Terms

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Anupam Rasayan India (BOM:543275) Business Description

Traded in Other Exchanges
Address
No. 8110, GIDC Industrial Estate, Sachin, Surat, GJ, IND, 394230
Anupam Rasayan India Ltd is engaged in the custom synthesis and manufacturing of specialty chemicals in India. The company's business verticals are life science-related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.

Anupam Rasayan India (BOM:543275) Headlines

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