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Kawan Renergy Bhd (XKLS:0307) Goodwill : RM0.00 Mil (As of Oct. 2023)


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What is Kawan Renergy Bhd 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. Kawan Renergy Bhd's goodwill for the quarter that ended in Oct. 2023 was RM0.00 Mil.


Kawan Renergy Bhd Goodwill Historical Data

The historical data trend for Kawan Renergy 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.

* Premium members only.

Kawan Renergy Bhd Goodwill Chart

Kawan Renergy Bhd Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Goodwill
- - - -

Kawan Renergy Bhd Semi-Annual Data
Oct20 Oct21 Oct22 Oct23
Goodwill - - - -

Kawan Renergy 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.


Kawan Renergy Bhd  (XKLS:0307) 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.

Kawan Renergy Bhd's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Goodwill-to-Asset (A: Oct. 2023 )=Goodwill/Total Assets
=0/107.793
=0.00

Kawan Renergy Bhd's Goodwill-to-Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Goodwill-to-Asset (Q: Oct. 2023 )=Goodwill/Total Assets
=0/107.793
=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.


Kawan Renergy Bhd Goodwill Related Terms

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Kawan Renergy Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
18, Lebuh Perusahaan Klebang 1, IGB Industrial Park, Ipoh, PRK, MYS, 31200
Kawan Renergy Bhd is an investment holding company. Through its subsidiaries, the Group is principally involved in the design, fabrication, installation and/or commissioning of industrial process equipment, process plants as well as renewable energy and co-generation plants (design, fabrication, installation and/or commissioning solutions). As an engineering solutions provider, its solutions encompass the Group's technical capability to analyse its customer's needs and proactively propose suitable design solutions which are customized to meet its customers' engineering requirements.

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