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Milano Assicurazioni (MIL:MI) Goodwill : €0 Mil (As of Sep. 2013)


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What is Milano Assicurazioni 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. Milano Assicurazioni's goodwill for the quarter that ended in Sep. 2013 was €0 Mil.


Milano Assicurazioni Goodwill Historical Data

The historical data trend for Milano Assicurazioni'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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Milano Assicurazioni Goodwill Chart

Milano Assicurazioni Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Goodwill
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Milano Assicurazioni Quarterly Data
Dec09 Jun10 Mar11 Jun11 Dec11 Jun12 Dec12 Jun13 Sep13
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Milano Assicurazioni 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.


Milano Assicurazioni  (MIL:MI) 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.

Milano Assicurazioni's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Goodwill-to-Asset (A: Dec. 2012 )=Goodwill/Total Assets
=0/10806.609
=0.00

Milano Assicurazioni's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

Goodwill-to-Asset (Q: Sep. 2013 )=Goodwill/Total Assets
=0/10427.346
=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.


Milano Assicurazioni Goodwill Related Terms

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Milano Assicurazioni (MIL:MI) Business Description

Traded in Other Exchanges
N/A
Address
Milano Assicurazioni is incorporated in Italy. It is engaged in the insurance sector. The Company offers a range of insurance products, such as car, accident, health, life, railway, aviation, property and credit insurance policies. The Company is also active in the provision of collective insurance policies and pension funds management.

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