GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aeris Resources Ltd (ASX:AIS) » Definitions » Goodwill-to-Asset

Aeris Resources (ASX:AIS) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Aeris Resources Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Aeris Resources's Goodwill for the quarter that ended in Dec. 2024 was A$0.0 Mil. Aeris Resources's Total Assets for the quarter that ended in Dec. 2024 was A$584.1 Mil. Therefore, Aeris Resources's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


Aeris Resources Goodwill-to-Asset Historical Data

The historical data trend for Aeris Resources'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.

Aeris Resources Goodwill-to-Asset Chart

Aeris Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Aeris Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Aeris Resources's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Aeris Resources'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.


Aeris Resources's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aeris Resources's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Aeris Resources's Goodwill-to-Asset falls into.



Aeris Resources 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.

Aeris Resources's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Goodwill to Asset (A: Jun. 2024 )=Goodwill/Total Assets
=0/562.744
=0.00

Aeris Resources's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=0/584.147
=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.


Aeris Resources  (ASX:AIS) 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.


Aeris Resources Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Aeris Resources's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Aeris Resources Business Description

Traded in Other Exchanges
Address
120 Edward Street, Level 6, Brisbane, QLD, AUS, 4000
Aeris Resources Ltd is a mineral exploration and production company. It engages in the exploration, production, and sale of copper, gold, zinc, and silver. The company's reportable segments are; Tritton Copper Operations (Tritton) in New South Wales; Cracow Gold Operations (Cracow) in Queensland; North Queensland Copper Operations (North Queensland), Jaguar Zinc and Copper Operations (Jaguar) in Western Australia; Stockman Copper and Zinc Project (Stockman) in Victoria; and Others, representing corporate activities. Maximum revenue is generated from the Tritton Copper Operation segment.

Aeris Resources Headlines