A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Alon Blue Square Israel's goodwill for the quarter that ended in Mar. 2016 was $0.0 Mil.
* 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.
A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.
Alon Blue Square Israel (OTCPK:BSIRY) Goodwill Explanation
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.
Alon Blue Square Israel's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as
* 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.
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.
Alon Blue Square Israel Goodwill Related Terms
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Alon Blue Square Israel (Alon Blue Square Israel) Business Description
Alon Blue Square Israel Ltd was incorporated in June 1988 as a company under the laws of the State of Israel. The Company owns and operates supermarkets and retail outlets. It operates in four reporting segments: Supermarkets, Fueling and Commercial sites, Non-Food Retail & Wholesale, and Real Estate. In its Supermarkets segment, it is a food retailer in the State of Israel. In its Fueling and Commercial Sites segment, it operates a chain of filling stations and convenience stores in different formats in Israel. In its 'Non-Food' segment, it sells 'Non-Food' items both in its supermarkets and in stand alone outlets. In its Real Estate segment, it owns leases and develops yield-generating commercial properties and residency projects. Through its supermarkets, it offers a range of food and beverage products and 'Non-Food' items, such as houseware, small electrical appliances, computers and computer accessories, entertainment products and textile products, and 'Near-Food' products, such as health and beauty aids, products for babies, cosmetics and hygiene products. It also operates several houseware departments within its large stores. Through its stand alone 'Non-Food' outlets, it offers a range of houseware and home textile, toys, leisure and baby products. The Company competes with the other supermarket chain, Shufersal, low-priced smaller supermarket chains, independent grocers, open-air markets, and other retailers selling supermarket goods. Its non-food business is subject to Israeli laws relating to imports, customs, labeling of products and consumer protection laws, as well as to labor laws and license and permit laws as apply to the operation of its network of stores. The Company is subject to safety tests, quality control and certification by the Standards Institution of Israel.
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