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VEF Radiotehnika RRR (ORSE:RRR1R) Goodwill : €0.00 Mil (As of Sep. 2020)


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What is VEF Radiotehnika RRR 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. VEF Radiotehnika RRR's goodwill for the quarter that ended in Sep. 2020 was €0.00 Mil.


VEF Radiotehnika RRR Goodwill Historical Data

The historical data trend for VEF Radiotehnika RRR'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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VEF Radiotehnika RRR Goodwill Chart

VEF Radiotehnika RRR Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Goodwill
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VEF Radiotehnika RRR Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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VEF Radiotehnika RRR 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.


VEF Radiotehnika RRR  (ORSE:RRR1R) 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.

VEF Radiotehnika RRR's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Goodwill-to-Asset (A: Dec. 2019 )=Goodwill/Total Assets
=0/0.774
=0.00

VEF Radiotehnika RRR's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Goodwill-to-Asset (Q: Sep. 2020 )=Goodwill/Total Assets
=0/0.434
=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.


VEF Radiotehnika RRR Goodwill Related Terms

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VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Traded in Other Exchanges
N/A
Address
Kurzemes prospekts 3, Riga, LVA, LV-1067
VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

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