Zenova Group (LSE:ZED) Goodwill: £2.35 Mil (As of May. 2025)


What is Zenova Group Goodwill?

Zenova Group LSE:ZED Goodwill is £2.35 Mil as of May. 2025. The stock has 4 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. Zenova Group's goodwill for the quarter that ended in May. 2025 was £2.35 Mil.

Zenova Group  (LSE:ZED) 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.

Zenova Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

Goodwill-to-Asset (A: Nov. 2024 )=Goodwill/Total Assets
=2.346/2.649
=0.89

Zenova Group's Goodwill-to-Asset Ratio for the quarter that ended in May. 2025 is calculated as

Goodwill-to-Asset (Q: May. 2025 )=Goodwill/Total Assets
=2.346/2.739
=0.86

* 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.

Zenova Group Goodwill Related Terms

Zenova Group Goodwill Historical Data

* Premium members only.

The historical data trend for Zenova Group'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.

Zenova Group Goodwill Chart

Zenova Group Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24
Goodwill
0.00 2.35 2.35 2.35 2.35

Zenova Group Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.35 2.35 2.35 2.35

Zenova Group 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 £2.35 Mil mean?
Zenova Group (LSE:ZED) has a Goodwill of £2.35 Mil as of May. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Zenova Group and its competitors.
Is Zenova Group's Goodwill too high?
Zenova Group's current Goodwill is £2.35 Mil.
How does Zenova Group's Goodwill compare to LIN and SHW?
Zenova Group's Goodwill of £2.35 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Goodwill depends on the Chemicals 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 Zenova Group and its competitors. Zenova Group's current Goodwill is £2.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenova Group stock overvalued right now?
Zenova Group (LSE:ZED) has a current Goodwill of £2.35 Mil. The current Goodwill is £2.35 Mil. 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 Zenova Group (LSE:ZED), the current Goodwill is £2.35 Mil as of May. 2025. 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.

Zenova Group Business Description

Address 172 Arlington Road, London, GBR, NW1 7HL
Zenova Group PLC is engaged in the development, manufacture, and sale of fire-retardant systems. It is the holder of intellectual property to underpin a suite of fire safety and temperature management products and technology applicable to industrial, commercial and residential markets. The company's product range includes fire protection paint, insulating paint and render and extinguishing fluid, and it has further products in varying stages of development and testing.