PJSC Lukoil (LSE:31KX) Goodwill: £0.00 Mil (As of Sep. 2023)

What is PJSC Lukoil Goodwill?

PJSC Lukoil LSE:31KX 17 Goodwill is £0.00 Mil as of Sep. 2023. GuruFocus rates LSE:31KX with a GF Score™ of 17/100. The stock has 6 warning signs investors should review.

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. PJSC Lukoil's goodwill for the quarter that ended in Sep. 2023 was £0.00 Mil.

PJSC Lukoil (LSE:31KX) 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.

PJSC Lukoil's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )	=	Goodwill	/	Total Assets
	=	0	/	30643.428
	=	0.00

PJSC Lukoil's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill-to-Asset (Q: Sep. 2023 )	=	Goodwill	/	Total Assets
	=	0	/	24913.759
	=	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.

PJSC Lukoil Goodwill Related Terms

PJSC Lukoil Goodwill Historical Data

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The historical data trend for PJSC Lukoil's Goodwill can be seen below:

PJSC Lukoil Goodwill Chart

PJSC Lukoil Annual Data

Trend

Dec13

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Dec22

Goodwill

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272.30

275.95

0.00

PJSC Lukoil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Goodwill	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

PJSC Lukoil 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?

PJSC Lukoil (LSE:31KX) has a Goodwill of £0.00 Mil as of Sep. 2023. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on PJSC Lukoil and its competitors.

Is PJSC Lukoil's Goodwill too high?

PJSC Lukoil's current Goodwill is £0.00 Mil. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does PJSC Lukoil's Goodwill compare to XOM and CVX?

PJSC Lukoil's Goodwill of £0.00 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Goodwill depends on the Oil & Gas 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 PJSC Lukoil and its competitors. PJSC Lukoil'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 PJSC Lukoil stock overvalued right now?

PJSC Lukoil (LSE:31KX) has a current Goodwill of £0.00 Mil. The current Goodwill is £0.00 Mil. PJSC Lukoil's overall GF Score™ is 17/100 with 6 warning signs to review. 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 PJSC Lukoil (LSE:31KX), the current Goodwill is £0.00 Mil as of Sep. 2023. 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.

PJSC Lukoil Business Description

Industry Energy Oil & Gas

Comparable Companies MIC:SNGS MIC:BANE MIC:YAKG SAU:2222 XOM CVX LSE:SHEL SHSE:601857 XPAR:TTE HKSE:00386 LSE:BP.BSP:PETR3 OSL:EQNR ADX:ADNOCGAS TSX:SU MIL:ENI BOM:500312 TSX:IMO TSX:CVE BKK:PTT

Address 11, Sretensky Boulevard, Moscow, RUS, 101000

Website https://www.lukoil.com

PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.