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LPI Capital Bhd (XKLS:8621) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is LPI Capital Bhd Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. LPI Capital Bhd's Goodwill for the quarter that ended in Mar. 2024 was RM0 Mil. LPI Capital Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM4,584 Mil. Therefore, LPI Capital Bhd's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


LPI Capital Bhd Goodwill-to-Asset Historical Data

The historical data trend for LPI Capital 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.

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LPI Capital Bhd Goodwill-to-Asset Chart

LPI Capital Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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LPI Capital Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of LPI Capital Bhd's Goodwill-to-Asset

For the Insurance - Property & Casualty subindustry, LPI Capital 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.


LPI Capital Bhd's Goodwill-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, LPI Capital Bhd's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where LPI Capital Bhd's Goodwill-to-Asset falls into.



LPI Capital 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.

LPI Capital Bhd'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
=0/4569.018
=0.00

LPI Capital Bhd'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
=0/4584.214
=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.


LPI Capital Bhd  (XKLS:8621) 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.


LPI Capital Bhd Goodwill-to-Asset Related Terms

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LPI Capital Bhd (XKLS:8621) Business Description

Traded in Other Exchanges
N/A
Address
6, Jalan Sultan Sulaiman, 6th Floor, Bangunan Public Bank, Kuala Lumpur, SGR, MYS, 50000
LPI Capital Bhd is a diversified insurance company that provides comprehensive insurance solutions to customers ranging from individual policies to the underwriting of large-scale industrial projects. The company's insurance solutions offering includes; Employee Benefits, Health, Liability, Motor, Marine, Pecuniary, Personal Accident, Project, Property, and Trade Credit. It has two operating business segments: The general insurance segment includes Underwriting of all classes of general insurance business, and The investment holding segment includes Investment holding operations. The company derives a majority of its revenue from the General insurance segment.

LPI Capital Bhd (XKLS:8621) Headlines

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