Euro Ceramics (BOM:532823) Goodwill: ₹0.0 Mil (As of Mar. 2019)

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BOM:532823 Euro Ceramics Ltd BOM:532823
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What is Euro Ceramics Goodwill?

Euro Ceramics BOM:532823 4 Goodwill is ₹0.0 Mil as of Mar. 2019. GuruFocus rates BOM:532823 with a GF Score™ of 4/100.

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. Euro Ceramics's goodwill for the quarter that ended in Mar. 2019 was ₹0.0 Mil.


Euro Ceramics  (BOM:532823) 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.

Euro Ceramics's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2019 is calculated as

Goodwill-to-Asset (A: Mar. 2019 )=Goodwill/Total Assets
=0/2633.345
=0.00

Euro Ceramics's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

Goodwill-to-Asset (Q: Mar. 2019 )=Goodwill/Total Assets
=0/2633.345
=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.


Euro Ceramics Goodwill Related Terms


Euro Ceramics Goodwill Historical Data

* Premium members only.

The historical data trend for Euro Ceramics'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.

Euro Ceramics Goodwill Chart

Euro Ceramics Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Euro Ceramics Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BOM:532823
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Euro Ceramics Ltd BOM:532823
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Euro Ceramics 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 ₹0.0 Mil mean?
Euro Ceramics (BOM:532823) has a Goodwill of ₹0.0 Mil as of Mar. 2019. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Euro Ceramics and its competitors.
Is Euro Ceramics' Goodwill too high?
Euro Ceramics' current Goodwill is ₹0.0 Mil. Overall, Euro Ceramics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Euro Ceramics' Goodwill compare to CARR and MAS?
Euro Ceramics' Goodwill of ₹0.0 Mil can be compared against companies in the Construction 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 a Construction company?
A good Goodwill depends on the Construction 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 Euro Ceramics and its competitors. Euro Ceramics's current Goodwill is ₹0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Ceramics stock overvalued right now?
Euro Ceramics (BOM:532823) has a current Goodwill of ₹0.0 Mil. The current Goodwill is ₹0.0 Mil. Euro Ceramics' overall GF Score™ is 4/100. 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 Euro Ceramics (BOM:532823), the current Goodwill is ₹0.0 Mil as of Mar. 2019. 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.

Euro Ceramics Business Description

Address Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056
Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.
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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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