Go Innovate Asia Bhd (XKLS:03028) Goodwill: RM0 Mil (As of Jun. 2025)


What is Go Innovate Asia Bhd Goodwill?

Go Innovate Asia Bhd XKLS:03028 Goodwill is RM0 Mil as of Jun. 2025. The stock has 3 warning signs investors should review.

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. Go Innovate Asia Bhd's goodwill for the quarter that ended in Jun. 2025 was RM0 Mil.

Go Innovate Asia Bhd  (XKLS:03028) 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.

Go Innovate Asia Bhd's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (A: Dec. 2024 )=Goodwill/Total Assets
=0/90.462
=0.00

Go Innovate Asia Bhd's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2025 is calculated as

Goodwill-to-Asset (Q: Jun. 2025 )=Goodwill/Total Assets
=0/149.07
=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.

Go Innovate Asia Bhd Goodwill Related Terms

Go Innovate Asia Bhd Goodwill Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia Bhd'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.

Go Innovate Asia Bhd Goodwill Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Go Innovate Asia Bhd 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 RM0 Mil mean?
Go Innovate Asia Bhd (XKLS:03028) has a Goodwill of RM0 Mil as of Jun. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Goodwill too high?
Go Innovate Asia Bhd's current Goodwill is RM0 Mil.
How does Go Innovate Asia Bhd's Goodwill compare to MS and GS?
Go Innovate Asia Bhd's Goodwill of RM0 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Goodwill depends on the Capital Markets 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 Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Goodwill is RM0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Goodwill of RM0 Mil. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Goodwill is RM0 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 Go Innovate Asia Bhd (XKLS:03028), the current Goodwill is RM0 Mil as of Jun. 2025. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.