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hSenid Business Solutions (COL:HBS.N0000) Goodwill : රු0.00 Mil (As of . 20)


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What is hSenid Business Solutions 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. hSenid Business Solutions's goodwill for the quarter that ended in . 20 was රු0.00 Mil.


hSenid Business Solutions Goodwill Historical Data

The historical data trend for hSenid Business Solutions'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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hSenid Business Solutions Goodwill Chart

hSenid Business Solutions Annual Data
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hSenid Business Solutions Semi-Annual Data
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hSenid Business Solutions 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.


hSenid Business Solutions  (COL:HBS.N0000) 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.

hSenid Business Solutions'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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hSenid Business Solutions's Goodwill-to-Asset Ratio for the quarter that ended in . 20 is calculated as

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

* 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.


hSenid Business Solutions Goodwill Related Terms

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hSenid Business Solutions Business Description

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Address
Hudson Road, 67/1, Second Floor, Scanwell Building, Off Perahera Mawatha, Colombo, LKA, 03
hSenid Business Solutions PLC is an HCM software provider headquartered in Sri Lanka catering to the APAC and MEA regions. The company provides its hire-to-retire HCM software in both SaaS and On-Premise formats while providing payroll outsourcing and employee tracking solutions that bolster its comprehensive HR solution offering.

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