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Sever Holding AD (XBUL:SEVH) Goodwill : лв0.78 Mil (As of Dec. 2023)


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What is Sever Holding AD 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. Sever Holding AD's goodwill for the quarter that ended in Dec. 2023 was лв0.78 Mil.


Sever Holding AD Goodwill Historical Data

The historical data trend for Sever Holding AD'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.

Sever Holding AD Goodwill Chart

Sever Holding AD Annual Data
Trend Dec21 Dec22 Dec23
Goodwill
0.78 0.78 0.78

Sever Holding AD Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Goodwill 0.78 - 0.78 0.78 0.78

Sever Holding AD 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.


Sever Holding AD  (XBUL:SEVH) 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.

Sever Holding AD's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0.779/87.7
=0.01

Sever Holding AD's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0.779/87.7
=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.


Sever Holding AD Goodwill Related Terms

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Sever Holding AD Business Description

Traded in Other Exchanges
N/A
Address
Tsar Asen Street I, No 5, 3rd Floor, Varna, BGR, 9000
Sever Holding AD main activity of the holding is related to the acquisition, management, evaluation and sale of shares and/or shareholdings in Bulgarian and foreign companies.

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