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Southern Acids (M) Bhd (XKLS:5134) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Southern Acids (M) Bhd Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Southern Acids (M) Bhd's Goodwill for the quarter that ended in Dec. 2023 was RM0.0 Mil. Southern Acids (M) Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM1,001.2 Mil. Therefore, Southern Acids (M) Bhd's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Southern Acids (M) Bhd Goodwill-to-Asset Historical Data

The historical data trend for Southern Acids (M) Bhd'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.

Southern Acids (M) Bhd Goodwill-to-Asset Chart

Southern Acids (M) Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Goodwill-to-Asset
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Southern Acids (M) Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Southern Acids (M) Bhd's Goodwill-to-Asset

For the Conglomerates subindustry, Southern Acids (M) Bhd'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.


Southern Acids (M) Bhd's Goodwill-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Southern Acids (M) Bhd's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Southern Acids (M) Bhd's Goodwill-to-Asset falls into.



Southern Acids (M) Bhd 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.

Southern Acids (M) Bhd's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=0/972.739
=0.00

Southern Acids (M) Bhd's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/1001.155
=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.


Southern Acids (M) Bhd  (XKLS:5134) 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.


Southern Acids (M) Bhd Goodwill-to-Asset Related Terms

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Southern Acids (M) Bhd (XKLS:5134) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300
Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

Southern Acids (M) Bhd (XKLS:5134) Headlines

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