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Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Goodwill-to-Asset : 0.15 (As of Mar. 2024)


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What is Betterware de MexicoPI de CV Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Betterware de MexicoPI de CV's Goodwill for the quarter that ended in Mar. 2024 was $96.4 Mil. Betterware de MexicoPI de CV's Total Assets for the quarter that ended in Mar. 2024 was $655.1 Mil. Therefore, Betterware de MexicoPI de CV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.15.


Betterware de MexicoPI de CV Goodwill-to-Asset Historical Data

The historical data trend for Betterware de MexicoPI de CV'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.

Betterware de MexicoPI de CV Goodwill-to-Asset Chart

Betterware de MexicoPI de CV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial 0.20 0.08 0.07 0.14 0.14

Betterware de MexicoPI de CV 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 0.14 0.14 0.14 0.14 0.15

Competitive Comparison of Betterware de MexicoPI de CV's Goodwill-to-Asset

For the Specialty Retail subindustry, Betterware de MexicoPI de CV'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.


Betterware de MexicoPI de CV's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Betterware de MexicoPI de CV's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Betterware de MexicoPI de CV's Goodwill-to-Asset falls into.



Betterware de MexicoPI de CV 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.

Betterware de MexicoPI de CV'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
=94.244/653.233
=0.14

Betterware de MexicoPI de CV'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
=96.39/655.132
=0.15

* 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.


Betterware de MexicoPI de CV  (NAS:BWMX) 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.


Betterware de MexicoPI de CV Goodwill-to-Asset Related Terms

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Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Business Description

Traded in Other Exchanges
Address
Luis Enrique Williams 549, Colonia Belenes Norte, Zapopan, JAL, MEX, 45145
Betterware de Mexico SAPI de CV is a direct-to-consumer selling company. The company operates through two business segments: the home organization products (Betterware segment or BWM segment) and the beauty and personal care products (B and PC) (JAFRA segment). The Betterware's segment is divided in six categories of the home organization: i) Kitchen and food preservation, ii) Home solutions, iii) Bedroom, iv) Bathroom, v) Laundry and Cleaning and vi) Tech and mobility. The JAFRA's segment is divided in four categories of the beauty and personal care: i) fragrance, ii) color, iii) skin care and iv) toiletries. The company's segments products are sold in twelve catalogs published throughout the year. The company operates mainly in Mexico and the United States.

Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Headlines