MyBucks (STU:MBC) Goodwill: €10.92 Mil (As of Jun. 2019)


What is MyBucks Goodwill?

MyBucks STU:MBC Goodwill is €10.92 Mil as of Jun. 2019.

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. MyBucks's goodwill for the quarter that ended in Jun. 2019 was €10.92 Mil.

MyBucks  (STU:MBC) 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.

MyBucks's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Goodwill-to-Asset (A: Jun. 2019 )=Goodwill/Total Assets
=10.917/208.069
=0.05

MyBucks's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Goodwill-to-Asset (Q: Jun. 2019 )=Goodwill/Total Assets
=10.917/208.069
=0.05

* 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.

MyBucks Goodwill Related Terms

MyBucks Goodwill Historical Data

* Premium members only.

The historical data trend for MyBucks'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.

MyBucks Goodwill Chart

MyBucks Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Goodwill
0.90 0.74 3.06 3.00 10.92

MyBucks Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Goodwill Get a 7-Day Free Trial Premium Member Only 3.06 3.06 3.00 2.98 10.92

MyBucks 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 €10.92 Mil mean?
MyBucks (STU:MBC) has a Goodwill of €10.92 Mil as of Jun. 2019. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on MyBucks and its competitors.
Is MyBucks' Goodwill too high?
MyBucks' current Goodwill is €10.92 Mil.
How does MyBucks' Goodwill compare to USB and TFC?
MyBucks' Goodwill of €10.92 Mil can be compared against companies in the Banks 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 Banks company?
A good Goodwill depends on the Banks 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 MyBucks and its competitors. MyBucks's current Goodwill is €10.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MyBucks stock overvalued right now?
MyBucks (STU:MBC) has a current Goodwill of €10.92 Mil. The current Goodwill is €10.92 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 MyBucks (STU:MBC), the current Goodwill is €10.92 Mil as of Jun. 2019. 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.

MyBucks Business Description

Address 9 rue du Laboratoire, Luxembourg, LUX, 1911
MyBucks SA is a Luxembourg based fintech company. It provides financial products and services through technology to the low and middle-income customer segment. The company's banking products include lending, insurance, and banking, and is supported by the services such as mobile banking, credit reports with credit education features, financial budgeting, and emergency cover through insurance. The operating segments of the group are based on the geographical locations namely, Sub-Saharan Africa, Europe and South Africa. It generates the majority of the revenue from the Sub-Saharan Africa segment which offers lending products to clients and support to the firm.