UTX (Ultratrex) Goodwill: $0.00 Mil (As of Dec. 2024)

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What is Ultratrex Goodwill?

Ultratrex UTX Goodwill is $0.00 Mil as of Dec. 2024.

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. Ultratrex's goodwill for the quarter that ended in Dec. 2024 was $0.00 Mil.


Ultratrex  (NAS:UTX) 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.

Ultratrex's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Goodwill-to-Asset (A: Jun. 2024 )=Goodwill/Total Assets
=0/18.191
=0.00

Ultratrex'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
=0/22.011
=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.


Ultratrex Goodwill Related Terms


Ultratrex Goodwill Historical Data

* Premium members only.

The historical data trend for Ultratrex'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.

Ultratrex Goodwill Chart

Ultratrex Annual Data
Trend Jun23 Jun24
Goodwill
0.00 0.00

Ultratrex Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Goodwill 0.00 0.00 0.00 0.00

Ultratrex 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 $0.00 Mil mean?
Ultratrex (UTX) has a Goodwill of $0.00 Mil as of Dec. 2024. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Ultratrex and its competitors.
Is Ultratrex's Goodwill too high?
Ultratrex's current Goodwill is $0.00 Mil.
How does Ultratrex's Goodwill compare to ?
Ultratrex's Goodwill of $0.00 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Goodwill depends on the Farm & Heavy Construction Machinery 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 Ultratrex and its competitors. Ultratrex's current Goodwill is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 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 Ultratrex (UTX), the current Goodwill is $0.00 Mil as of Dec. 2024. 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.

Ultratrex Business Description

Comparable Companies
Address 220 Orchard Road, Unit 05-02, Midpoint Orchard, Singapore, SGP, 238852
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.