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ANTVF (Antares Vision SpA) Goodwill-to-Asset : 0.23 (As of Jun. 2024)


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What is Antares Vision SpA Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Antares Vision SpA's Goodwill for the quarter that ended in Jun. 2024 was $104.8 Mil. Antares Vision SpA's Total Assets for the quarter that ended in Jun. 2024 was $448.8 Mil. Therefore, Antares Vision SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.23.


Antares Vision SpA Goodwill-to-Asset Historical Data

The historical data trend for Antares Vision SpA's Goodwill-to-Asset 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.

Antares Vision SpA Goodwill-to-Asset Chart

Antares Vision SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial 0.15 0.20 0.30 0.29 0.22

Antares Vision SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill-to-Asset 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 0.29 0.29 0.28 0.22 0.23

Competitive Comparison of Antares Vision SpA's Goodwill-to-Asset

For the Security & Protection Services subindustry, Antares Vision SpA's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antares Vision SpA's Goodwill-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Antares Vision SpA's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Antares Vision SpA's Goodwill-to-Asset falls into.



Antares Vision SpA Goodwill-to-Asset Calculation

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.

Antares Vision SpA'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
=105.583/475.944
=0.22

Antares Vision SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=104.801/448.807
=0.23

* 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.


Antares Vision SpA  (OTCPK:ANTVF) Goodwill-to-Asset Explanation

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.


Antares Vision SpA Goodwill-to-Asset Related Terms

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Antares Vision SpA Business Description

Traded in Other Exchanges
Address
Via Del Ferro 16, Travagliato, Brescia, ITA, 25039
Antares Vision SpA is engaged in providing control systems and traceability solutions. The business activities of the group include designing, manufacturing, installing, and maintaining critical systems for the most demanding customers in the world. The company offers products such as Track and Trace devices, Inspection systems, Inspection machines, and Smart data management systems. Its geographical segments are Italy, Europe, North and South America, Asia, Oceania, Africa, and the Middle East.

Antares Vision SpA Headlines

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