GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Societe des Boissons du Maroc (CAS:SBM) » Definitions » Goodwill

Societe des Boissons du Maroc (CAS:SBM) Goodwill : MAD50 Mil (As of Jun. 2024)


View and export this data going back to 1943. Start your Free Trial

What is Societe des Boissons du Maroc 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. Societe des Boissons du Maroc's goodwill for the quarter that ended in Jun. 2024 was MAD50 Mil.


Societe des Boissons du Maroc Goodwill Historical Data

The historical data trend for Societe des Boissons du Maroc'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.

Societe des Boissons du Maroc Goodwill Chart

Societe des Boissons du Maroc Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.66 99.59 81.80 66.27 54.59

Societe des Boissons du Maroc Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.03 66.27 60.43 54.59 49.66

Societe des Boissons du Maroc 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.


Societe des Boissons du Maroc  (CAS:SBM) 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.

Societe des Boissons du Maroc's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=54.59/2930.701
=0.02

Societe des Boissons du Maroc's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill-to-Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=49.66/2453.524
=0.02

* 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.


Societe des Boissons du Maroc Goodwill Related Terms

Thank you for viewing the detailed overview of Societe des Boissons du Maroc's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Societe des Boissons du Maroc Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Ain Ifrane, Tit-Mellil, Casablanca, MAR, 20400
Societe des Boissons du Maroc is a Morocco-based company engaged in the business of manufacturing wine, beer, soft drinks and mineral water.

Societe des Boissons du Maroc Headlines