Silk Logistics Holdings (ASX:SLH) Goodwill : A$0.0 Mil (As of Dec. 2024)

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What is Silk Logistics Holdings 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. Silk Logistics Holdings's goodwill for the quarter that ended in Dec. 2024 was A$0.0 Mil.

Silk Logistics Holdings Goodwill Historical Data

The historical data trend for Silk Logistics Holdings'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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Silk Logistics Holdings Goodwill Chart

Silk Logistics Holdings Annual Data

Trend

Jun22

Jun23

Jun24

Goodwill

40.26

61.20

79.57

Silk Logistics Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Goodwill	Get a 7-Day Free Trial			-	61.20	-	79.57	-

Silk Logistics Holdings 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.

Silk Logistics Holdings (ASX:SLH) 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.

Silk Logistics Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Goodwill-to-Asset (A: Jun. 2024 )	=	Goodwill	/	Total Assets
	=	79.565	/	553.87
	=	0.14

Silk Logistics Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (Q: Dec. 2024 )	=	Goodwill	/	Total Assets
	=	0	/	558.758
	=	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.

Silk Logistics Holdings Goodwill Related Terms

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Silk Logistics Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Silk Logistics Holdings Ltd (ASX:SLH) » Definitions » Goodwill

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Lorimer Street, Unit 3, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.silklogistics.com.au

Silk Logistics Holdings Ltd operates in the Australian logistics industry, delivering port-to-door, technology-enabled contract or third-party logistics and time certain Port Logistics services. The business provides these services to clients in several key industries, including, but not limited to FMCG, light industrial, food, specialised retail, and containerised agriculture. The company provides a one-stop shop for integrated port-to-door logistics, providing services in wharf cartage, warehousing, and domestic distribution, through its trading brands Silk Contract Logistics and Rocke Brothers. Its segment includes Port and Contract logistics out of which it generates a majority of its revenue from the Port logistics segment.