Harig Crankshafts (BOM:500178) Goodwill: ₹0.00 Mil (As of . 20)

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BOM:500178 Harig Crankshafts Ltd BOM:500178
19 GF Score
Price ₹12.16
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What is Harig Crankshafts Goodwill?

Harig Crankshafts BOM:500178 19 Goodwill is ₹0.00 Mil as of . 20. GuruFocus rates BOM:500178 with a GF Score™ of 19/100.

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. Harig Crankshafts's goodwill for the quarter that ended in . 20 was ₹0.00 Mil.


Harig Crankshafts  (BOM:500178) 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.

Harig Crankshafts's Goodwill-to-Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill-to-Asset (A: . 20 )=Goodwill/Total Assets
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Harig Crankshafts's Goodwill-to-Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill-to-Asset (Q: . 20 )=Goodwill/Total Assets
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=

* 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.


Harig Crankshafts Goodwill Related Terms


Harig Crankshafts Goodwill Historical Data

* Premium members only.

The historical data trend for Harig Crankshafts'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.

Harig Crankshafts Goodwill Chart

Harig Crankshafts Annual Data
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Harig Crankshafts Semi-Annual Data
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BOM:500178
19GF Score
Harig Crankshafts Ltd BOM:500178
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Harig Crankshafts 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of ₹0.00 Mil mean?
Harig Crankshafts (BOM:500178) has a Goodwill of ₹0.00 Mil as of . 20. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Harig Crankshafts and its competitors.
Is Harig Crankshafts' Goodwill too high?
Harig Crankshafts' current Goodwill is ₹0.00 Mil. Overall, Harig Crankshafts has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Harig Crankshafts' Goodwill compare to CRS and ATI?
Harig Crankshafts' Goodwill of ₹0.00 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for an Industrial Products company?
A good Goodwill depends on the Industrial Products industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Harig Crankshafts and its competitors. Harig Crankshafts's current Goodwill is ₹0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harig Crankshafts stock overvalued right now?
Harig Crankshafts (BOM:500178) has a current Goodwill of ₹0.00 Mil. The current Goodwill is ₹0.00 Mil. Harig Crankshafts' overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Harig Crankshafts (BOM:500178), the current Goodwill is ₹0.00 Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Harig Crankshafts Business Description

Address Plot No. 66, Udyog Vihar, Gautam Budh Nagar, Greater Noida, Noida, UP, IND, 201305
Harig Crankshafts Ltd is engaged in the manufacturing and sale of auto ancillary products in India. It mainly manufactures forged and machined crankshafts, stub axles, and other automotive parts.
19GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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