AHC Group (TSE:7083) Goodwill : 円269 Mil (As of Feb. 2024)

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What is AHC 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. AHC Group's goodwill for the quarter that ended in Feb. 2024 was 円269 Mil.

AHC Group Goodwill Historical Data

The historical data trend for AHC 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.

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AHC Group Goodwill Chart

AHC Group Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Goodwill

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19.08

15.61

12.14

303.55

277.61

AHC Group Quarterly Data
	Nov18	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Goodwill	Get a 7-Day Free Trial															312.39	303.87	295.34	277.61	269.31

AHC 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.

AHC Group (TSE:7083) 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.

AHC Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Goodwill-to-Asset (A: Nov. 2023 )	=	Goodwill	/	Total Assets
	=	277.61	/	5246.994
	=	0.05

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

Goodwill-to-Asset (Q: Feb. 2024 )	=	Goodwill	/	Total Assets
	=	269.31	/	5120.834
	=	0.05

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.

AHC Group Goodwill Related Terms

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AHC Group (TSE:7083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AHC Group Inc (TSE:7083) » Definitions » Goodwill

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Address

2-11-9, Iwamotocho, 2nd Floor Itopia Hashimoto Building, Chiyoda-ku, Tokyo, JPN, 11101-0032

Website

https://www.ahc.co.jp

AHC Group Inc is a provider of disability welfare and nursing care services. The welfare business provides children with a disability place support and employment support. The nursing care business provides day care services for the elderly. The company operates a restaurant business.

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