ASTREE (XTUN:AST) Goodwill: TND0.0 Mil (As of Dec. 2020)


XTUN:AST ASTREE XTUN:AST
26 GF Score
Price TND66.85
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What is ASTREE Goodwill?

ASTREE XTUN:AST 26 Goodwill is TND0.0 Mil as of Dec. 2020. GuruFocus rates XTUN:AST with a GF Score™ of 26/100.

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. ASTREE's goodwill for the quarter that ended in Dec. 2020 was TND0.0 Mil.

ASTREE  (XTUN:AST) 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.

ASTREE's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill-to-Asset (A: Dec. 2020 )=Goodwill/Total Assets
=0/630.81
=0.00

ASTREE's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Goodwill-to-Asset (Q: Dec. 2020 )=Goodwill/Total Assets
=0/630.81
=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.

ASTREE Goodwill Related Terms

ASTREE Goodwill Historical Data

* Premium members only.

The historical data trend for ASTREE'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.

ASTREE Goodwill Chart

ASTREE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Goodwill
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

ASTREE Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Goodwill Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
XTUN:AST
26GF Score
ASTREE XTUN:AST
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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ASTREE 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 TND0.0 Mil mean?
ASTREE (XTUN:AST) has a Goodwill of TND0.0 Mil as of Dec. 2020. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on ASTREE and its competitors.
Is ASTREE's Goodwill too high?
ASTREE's current Goodwill is TND0.0 Mil. Overall, ASTREE has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does ASTREE's Goodwill compare to BRK.A and AIG?
ASTREE's Goodwill of TND0.0 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Goodwill depends on the Insurance 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 ASTREE and its competitors. ASTREE's current Goodwill is TND0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTREE stock overvalued right now?
ASTREE (XTUN:AST) has a current Goodwill of TND0.0 Mil. The current Goodwill is TND0.0 Mil. ASTREE's overall GF Score™ is 26/100. 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 ASTREE (XTUN:AST), the current Goodwill is TND0.0 Mil as of Dec. 2020. 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.

ASTREE Business Description

Address 45, Avenue Khereddine Pacha, Tunis, TUN, 1002
ASTREE is engaged in offering insurance and reinsurance of all kinds of risks in Tunisia and abroad. The services provided by the company include Protection insurance, Health, Daily life Accidents, Travel, Savings, and Loan coverage among others.
26GF Score

Get the complete analysis for XTUN:AST

Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TND66.85
Price