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Auto Pins (India) (BOM:531994) Goodwill : ₹0.0 Mil (As of Sep. 2024)


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What is Auto Pins (India) 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. Auto Pins (India)'s goodwill for the quarter that ended in Sep. 2024 was ₹0.0 Mil.


Auto Pins (India) Goodwill Historical Data

The historical data trend for Auto Pins (India)'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.

* Premium members only.

Auto Pins (India) Goodwill Chart

Auto Pins (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill
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Auto Pins (India) Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Auto Pins (India) 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.


Auto Pins (India)  (BOM:531994) 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.

Auto Pins (India)'s Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0/211.863
=0.00

Auto Pins (India)'s Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill-to-Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=0/222.484
=0.00

* 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.


Auto Pins (India) Goodwill Related Terms

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Auto Pins (India) Business Description

Traded in Other Exchanges
N/A
Address
Rajiv Gandhi Colony, 16, Industrial Area, NIT, Faridabad, HR, IND, 121001
Auto Pins (India) Ltd is engaged in the manufacturing and trading of loose leaf springs, iron, and steel. The firm manufactures and sells automotive components and accessories around the world. The company's key products are leaf springs, parabolic springs, U Bolts, Spring Pins and large and small springs for use in trucks, tractors, and transport automobiles.

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