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Marumae Co (TSE:6264) Goodwill-to-Asset : 0.00 (As of Feb. 2024)


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What is Marumae Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Marumae Co's Goodwill for the quarter that ended in Feb. 2024 was 円0 Mil. Marumae Co's Total Assets for the quarter that ended in Feb. 2024 was 円10,965 Mil. Therefore, Marumae Co's Goodwill to Asset Ratio for the quarter that ended in Feb. 2024 was 0.00.


Marumae Co Goodwill-to-Asset Historical Data

The historical data trend for Marumae Co'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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Marumae Co Goodwill-to-Asset Chart

Marumae Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Goodwill-to-Asset
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Marumae Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Marumae Co's Goodwill-to-Asset

For the Specialty Industrial Machinery subindustry, Marumae Co'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.


Marumae Co's Goodwill-to-Asset Distribution in the Industrial Products Industry

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

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



Marumae Co 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.

Marumae Co's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Goodwill to Asset (A: Aug. 2023 )=Goodwill/Total Assets
=0/11612.024
=0.00

Marumae Co's Goodwill to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Goodwill to Asset (Q: Feb. 2024 )=Goodwill/Total Assets
=0/10964.883
=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.


Marumae Co  (TSE:6264) 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.


Marumae Co Goodwill-to-Asset Related Terms

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Marumae Co (TSE:6264) Business Description

Traded in Other Exchanges
N/A
Address
3816 No. 41 Okubo-cho, Izumi City, Kagoshima, JPN, 899-0401
Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.

Marumae Co (TSE:6264) Headlines

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