GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fast Finance24 Holding AG (XTER:FF24) » Definitions » Goodwill

Fast Finance24 Holding AG (XTER:FF24) Goodwill : €0.00 Mil (As of Dec. 2021)


View and export this data going back to 2012. Start your Free Trial

What is Fast Finance24 Holding AG 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. Fast Finance24 Holding AG's goodwill for the quarter that ended in Dec. 2021 was €0.00 Mil.


Fast Finance24 Holding AG Goodwill Historical Data

The historical data trend for Fast Finance24 Holding AG'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.

Fast Finance24 Holding AG Goodwill Chart

Fast Finance24 Holding AG Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fast Finance24 Holding AG Quarterly Data
Dec13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Fast Finance24 Holding AG 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.


Fast Finance24 Holding AG  (XTER:FF24) 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.

Fast Finance24 Holding AG's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/41.96
=0.00

Fast Finance24 Holding AG's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Goodwill-to-Asset (Q: Dec. 2021 )=Goodwill/Total Assets
=0/40.226
=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.


Fast Finance24 Holding AG Goodwill Related Terms

Thank you for viewing the detailed overview of Fast Finance24 Holding AG's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Fast Finance24 Holding AG (XTER:FF24) Business Description

Traded in Other Exchanges
N/A
Address
Uhlandstrasse 165/166, Berlin, DEU, 10719
Fast Finance24 Holding AG is involved in providing different online products for consumer credits such as FF24 Rent, FF24 payments and FF24 Pay offering financial services to benefit the underbanked people facing a short-term economic issue. It also consists of other products such as FF24 Trade, FF24 invest and OK.de. FF24 Rent platform is optimised for both desktop and mobile devices. This means that a customer can instantly request a loan on the go, whenever and wherever he needs it.

Fast Finance24 Holding AG (XTER:FF24) Headlines

No Headlines