Acorn Capital Investment Fund (ASX:ACQ) Goodwill : A$0.00 Mil (As of Dec. 2023)

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What is Acorn Capital Investment Fund Goodwill?

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. Acorn Capital Investment Fund's goodwill for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Acorn Capital Investment Fund Goodwill Historical Data

The historical data trend for Acorn Capital Investment Fund's Goodwill 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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Acorn Capital Investment Fund Goodwill Chart

Acorn Capital Investment Fund Annual Data

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Goodwill

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Acorn Capital Investment Fund Semi-Annual Data
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Goodwill	Get a 7-Day Free Trial															-	-	-	-	-

Acorn Capital Investment Fund 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.

Acorn Capital Investment Fund (ASX:ACQ) 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.

Acorn Capital Investment Fund's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (A: Jun. 2023 )	=	Goodwill	/	Total Assets
	=	0	/	99.631
	=	0.00

Acorn Capital Investment Fund'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	/	95.437
	=	0.00

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.

Acorn Capital Investment Fund Goodwill Related Terms

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Acorn Capital Investment Fund (ASX:ACQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Acorn Capital Investment Fund Ltd (ASX:ACQ) » Definitions » Goodwill

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Address

2 Russell Street, Level 4, Melbourne, VIC, AUS, 3000

Website

http://www.acqfund.com.au

Acorn Capital Investment Fund Ltd investment company that invests in a diverse portfolio of emerging Australian companies. The principal activity of the company is to invest in a portfolio of listed and unlisted microcap companies. It generates revenue in the form of dividends, distributions, interest, and other income. The company operates in Australia.

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