GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safestore Holdings PLC (LSE:SAFE) » Definitions » Goodwill-to-Asset

Safestore Holdings (LSE:SAFE) Goodwill-to-Asset : 0.00 (As of Oct. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Safestore Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Safestore Holdings's Goodwill for the quarter that ended in Oct. 2023 was £0.0 Mil. Safestore Holdings's Total Assets for the quarter that ended in Oct. 2023 was £2,956.9 Mil. Therefore, Safestore Holdings's Goodwill to Asset Ratio for the quarter that ended in Oct. 2023 was 0.00.


Safestore Holdings Goodwill-to-Asset Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Goodwill-to-Asset Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Safestore Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - - - - -

Competitive Comparison of Safestore Holdings's Goodwill-to-Asset

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safestore Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Safestore Holdings's Goodwill-to-Asset falls into.



Safestore Holdings 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.

Safestore Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Goodwill to Asset (A: Oct. 2023 )=Goodwill/Total Assets
=0/2956.9
=0.00

Safestore Holdings's Goodwill to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Goodwill to Asset (Q: Oct. 2023 )=Goodwill/Total Assets
=0/2956.9
=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.


Safestore Holdings  (LSE:SAFE) 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.


Safestore Holdings Goodwill-to-Asset Related Terms

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


Safestore Holdings (LSE:SAFE) Business Description

Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.

Safestore Holdings (LSE:SAFE) Headlines

From GuruFocus

iStar Announces Details for Its Special Dividend

By PRNewswire PRNewswire 11-29-2022

iStar Reports Third Quarter 2022 Results

By PRNewswire PRNewswire 11-03-2022

Safehold Declares First Quarter 2023 Common Stock Dividend

By PRNewswire PRNewswire 03-20-2023

Safehold Declares Fourth Quarter 2022 Common Stock Dividend

By PRNewswire PRNewswire 12-15-2022

Safehold Announces Leadership Changes

By PRNewswire 01-16-2024

Safehold Reports Second Quarter 2022 Results

By PRNewswire PRNewswire 08-03-2022