Harmony Energyome Trust (LSE:HEIC) Goodwill: £0.00 Mil (As of Oct. 2024)

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LSE:HEIC Harmony Energy Income Trust PLC LSE:HEIC
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What is Harmony Energyome Trust Goodwill?

Harmony Energyome Trust LSE:HEIC 14 Goodwill is £0.00 Mil as of Oct. 2024. GuruFocus rates LSE:HEIC with a GF Score™ of 14/100.

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. Harmony Energyome Trust's goodwill for the quarter that ended in Oct. 2024 was £0.00 Mil.


Harmony Energyome Trust  (LSE:HEIC) 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.

Harmony Energyome Trust's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Goodwill-to-Asset (A: Oct. 2024 )=Goodwill/Total Assets
=0/201.421
=0.00

Harmony Energyome Trust's Goodwill-to-Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Goodwill-to-Asset (Q: Oct. 2024 )=Goodwill/Total Assets
=0/201.421
=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.


Harmony Energyome Trust Goodwill Related Terms


Harmony Energyome Trust Goodwill Historical Data

* Premium members only.

The historical data trend for Harmony Energyome Trust'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.

Harmony Energyome Trust Goodwill Chart

Harmony Energyome Trust Annual Data
Trend Oct22 Oct23 Oct24
Goodwill
0.00 0.00 0.00

Harmony Energyome Trust Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Goodwill Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
LSE:HEIC
14GF Score
Harmony Energy Income Trust PLC LSE:HEIC
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Harmony Energyome Trust 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?
Harmony Energyome Trust (LSE:HEIC) has a Goodwill of £0.00 Mil as of Oct. 2024. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Harmony Energyome Trust and its competitors.
Is Harmony Energyome Trust's Goodwill too high?
Harmony Energyome Trust's current Goodwill is £0.00 Mil. Overall, Harmony Energyome Trust has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Harmony Energyome Trust's Goodwill compare to BLK and KKR?
Harmony Energyome Trust's Goodwill of £0.00 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Goodwill depends on the Asset Management 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 Harmony Energyome Trust and its competitors. Harmony Energyome Trust'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 Harmony Energyome Trust stock overvalued right now?
Harmony Energyome Trust (LSE:HEIC) has a current Goodwill of £0.00 Mil. The current Goodwill is £0.00 Mil. Harmony Energyome Trust's overall GF Score™ is 14/100. 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 Harmony Energyome Trust (LSE:HEIC), the current Goodwill is £0.00 Mil as of Oct. 2024. 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.

Harmony Energyome Trust Business Description

Address 52 Lime Street, The Scalpel 18th Floor, London, GBR, EC3M 7AF
Harmony Energy Income Trust PLC is an investment company that invests in commercial-scale energy storage and renewable energy generation projects, with an initial focus on a diversified portfolio of battery energy storage systems (BESS) located across Great Britain.
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