YMC Co (XKRX:155650) Goodwill : ₩2,902 Mil (As of Mar. 2024)

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What is YMC Co 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. YMC Co's goodwill for the quarter that ended in Mar. 2024 was ₩2,902 Mil.

YMC Co Goodwill Historical Data

The historical data trend for YMC Co'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.

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YMC Co Goodwill Chart

YMC Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Goodwill

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2,901.55

3,341.94

2,901.56

YMC Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Goodwill	Get a 7-Day Free Trial															2,901.55	2,901.55	2,901.55	2,901.56	2,901.55

YMC Co 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.

YMC Co (XKRX:155650) 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.

YMC Co'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
	=	2901.56	/	169036.354
	=	0.02

YMC Co's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (Q: Mar. 2024 )	=	Goodwill	/	Total Assets
	=	2901.55	/	167787.322
	=	0.02

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.

YMC Co Goodwill Related Terms

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YMC Co (XKRX:155650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » YMC Co Ltd (XKRX:155650) » Definitions » Goodwill

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Address

154-25, Asan Valley Jungang-ro, Dunpo-myeon, Chungcheongnam-Do, Asan-si, KOR

Website

http://www.ymc-inc.com

YMC Co Ltd Manufacture of electronic components. It is engaged in manufacturing FPD panels for wiring materials and FPD process chambers. It offers columns, bulk packings, preparative LC systems, bio separation products, chiral technologies, and flow reactors; and contract purification services.

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