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# Leo Palace21 Goodwill

: €0 Mil (As of Sep. 2020)
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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. Leo Palace21's goodwill for the quarter that ended in Sep. 2020 was €0 Mil.

## Leo Palace21 Goodwill Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

 Leo Palace21 Annual Data Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Goodwill 12.17 26.34 22.07 18.51 1.07

 Leo Palace21 Quarterly Data Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Goodwill 9.31 1.14 1.07 0.14 0.12

## Leo Palace21 Goodwill Calculation

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.

Leo Palace21  (STU:MQI) 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.

Leo Palace21's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2020 is calculated as

 Goodwill-to-Asset (A: Mar. 2020 ) = Goodwill / Total Assets = 1.0675014605177 / 1655.4930327035 = 0.00

Leo Palace21's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

 Goodwill-to-Asset (Q: Sep. 2020 ) = Goodwill / Total Assets = 0.12060915436267 / 1232.6979230791 = 0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.