GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Olam Group Ltd (OTCPK:OLGPF) » Definitions » Goodwill

OLGPF (Olam Group) Goodwill : $1,036 Mil (As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Olam Group 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. Olam Group's goodwill for the quarter that ended in Dec. 2024 was $1,036 Mil.


Olam Group Goodwill Historical Data

The historical data trend for Olam 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.

* Premium members only.

Olam Group Goodwill Chart

Olam Group Annual Data
Trend Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 613.35 984.39 1,007.47 1,013.39 1,036.07

Olam Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,007.47 1,023.85 1,013.39 1,029.09 1,036.07

Olam 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.


Olam Group  (OTCPK:OLGPF) 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.

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

Goodwill-to-Asset (A: Dec. 2024 )=Goodwill/Total Assets
=1036.071/33490.584
=0.03

Olam Group's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=1036.071/33490.584
=0.03

* 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.


Olam Group Goodwill Related Terms

Thank you for viewing the detailed overview of Olam Group's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Olam Group Business Description

Traded in Other Exchanges
Address
7 Straits View, No. 20-01, Marina One East Tower, Singapore, SGP, 018936
Olam Group Ltd sources, processes, packages, and sells agricultural commodities. The company along with its subsidiaries operates in the following business segments; Olam Food Ingredients; Olam Global Agri, and Remaining Olam Group. It generates maximum revenue from the Olam Global Agri segment which is engaged in the origination, processing, trading, logistics, and distribution of grains, animal feed and protein, edible oil, rice, cotton, rubber, and wood products. It also provides commodity financial services. Geographically, the company derives a majority of its revenue from Asia, the Middle East and Australia, and the rest from Africa, Europe, and the Americas.

Olam Group Headlines

From GuruFocus

Full Year 2022 Olam Group Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Muddy Waters Agrees to Pay for Olam International's Debt Rating

By CanadianValue CanadianValue 11-30-2012

Muddy Waters - Stop Gap Bailout Validates Short Thesis

By CanadianValue CanadianValue 12-04-2012

Kainos Capital To Sell Olde Thompson to Olam Food Ingredients

By PRNewswire PRNewswire 04-29-2021

Muddy Waters Snarky Letter to the CEO and Board of Olam International

By CanadianValue CanadianValue 11-21-2012