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RC365 Holding (STU:L2G) Goodwill : €0.12 Mil (As of Sep. 2024)


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What is RC365 Holding 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. RC365 Holding's goodwill for the quarter that ended in Sep. 2024 was €0.12 Mil.


RC365 Holding Goodwill Historical Data

The historical data trend for RC365 Holding'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.

RC365 Holding Goodwill Chart

RC365 Holding Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill
Get a 7-Day Free Trial - - - - 0.09

RC365 Holding Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.09 0.09 0.12

RC365 Holding 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.


RC365 Holding  (STU:L2G) 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.

RC365 Holding's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0.089/10.193
=0.01

RC365 Holding's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill-to-Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=0.116/9.128
=0.01

* 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.


RC365 Holding Goodwill Related Terms

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RC365 Holding Business Description

Traded in Other Exchanges
Address
78 Cannon Street, Cannon Place, London, GBR, EC4N 6AF
RC365 Holding PLC focuses on the provision of IT Support and Security Services, Payment Gateway Solutions (online and offline), Prepaid Card Issuance and Support Services and Computer Graphic Design and Animation services to clients located in the ASEAN region, UK, and Europe.

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