Hwange Colliery Co (XZIM:HCCL.ZW) Goodwill: ZWL0 Mil (As of Dec. 2022)

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What is Hwange Colliery Co Goodwill?

Hwange Colliery Co XZIM:HCCL.ZW Goodwill is ZWL0 Mil as of Dec. 2022.

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. Hwange Colliery Co's goodwill for the quarter that ended in Dec. 2022 was ZWL0 Mil.

Hwange Colliery Co  (XZIM:HCCL.ZW) 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.

Hwange Colliery Co'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
=0/88020.944
=0.00

Hwange Colliery Co's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (Q: Dec. 2022 )=Goodwill/Total Assets
=0/88020.944
=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.

Hwange Colliery Co Goodwill Related Terms

Hwange Colliery Co Goodwill Historical Data

* Premium members only.

The historical data trend for Hwange Colliery 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.

Hwange Colliery Co Goodwill Chart

Hwange Colliery Co Annual Data
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Hwange Colliery Co Semi-Annual Data
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Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hwange Colliery 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of ZWL0 Mil mean?
Hwange Colliery Co (XZIM:HCCL.ZW) has a Goodwill of ZWL0 Mil as of Dec. 2022. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Hwange Colliery Co and its competitors.
Is Hwange Colliery Co's Goodwill too high?
Hwange Colliery Co's current Goodwill is ZWL0 Mil.
How does Hwange Colliery Co's Goodwill compare to competitors?
Hwange Colliery Co's Goodwill of ZWL0 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Goodwill depends on the Other Energy Sources 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 Hwange Colliery Co and its competitors. Hwange Colliery Co's current Goodwill is ZWL0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwange Colliery Co stock overvalued right now?
Hwange Colliery Co (XZIM:HCCL.ZW) has a current Goodwill of ZWL0 Mil. The current Goodwill is ZWL0 Mil. 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 Hwange Colliery Co (XZIM:HCCL.ZW), the current Goodwill is ZWL0 Mil as of Dec. 2022. 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.

Hwange Colliery Co Business Description

Address Coronation Dr, Hwange, ZWE
Hwange Colliery Co Ltd is engaged in the extraction, processing, and distribution of coal and coal products, and the provision of health services and various retail goods and services. Its activities are categorised into the following three segments: Mining - the extraction, processing, and distribution of coal and coal products; Medical services - provide healthcare to staff members and the surrounding community; Estates - the division provides properties for rental and sells retail goods and services. The group generates the majority of its revenue from the Mining segment.