GURUFOCUS.COM » STOCK LIST » Industrials » Construction » UUE Holdings Bhd (XKLS:0310) » Definitions » Goodwill

UUE Holdings Bhd (XKLS:0310) Goodwill : RM0.00 Mil (As of Feb. 2023)


View and export this data going back to 2024. Start your Free Trial

What is UUE Holdings 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. UUE Holdings Bhd's goodwill for the quarter that ended in Feb. 2023 was RM0.00 Mil.


UUE Holdings Bhd Goodwill Historical Data

The historical data trend for UUE Holdings 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.

UUE Holdings Bhd Goodwill Chart

UUE Holdings Bhd Annual Data
Trend Feb21 Feb22 Feb23
Goodwill
- - -

UUE Holdings Bhd Semi-Annual Data
Feb21 Feb22 Feb23
Goodwill - - -

UUE Holdings 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.


UUE Holdings Bhd  (XKLS:0310) 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.

UUE Holdings Bhd's Goodwill-to-Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Goodwill-to-Asset (A: Feb. 2023 )=Goodwill/Total Assets
=0/85.792
=0.00

UUE Holdings Bhd's Goodwill-to-Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

Goodwill-to-Asset (Q: Feb. 2023 )=Goodwill/Total Assets
=0/85.792
=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.


UUE Holdings Bhd Goodwill Related Terms

Thank you for viewing the detailed overview of UUE Holdings Bhd's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


UUE Holdings Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Teratai 7, 55 & 57, Taman Johor Jaya, Johor Bahru, JHR, MYS, 81100
UUE Holdings Bhd is principally involved in the provision of underground utilities engineering solutions and in the HDD method of laying pipes, and also employ the open cut and micro trenching excavation methods also manufactures and trade HDPE pipes and underground utilities engineering projects in Malaysia and Singapore. It also serves the electricity and telecommunications end-user markets in Malaysia and Singapore. The company has two segments; Underground utilities engineering solutions and Manufacturing and trading of HDPE pipes. Key revenue is generated from Underground utilities engineering solutions.

UUE Holdings Bhd Headlines

No Headlines