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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Connexion Mobility's Goodwill for the quarter that ended in Jun. 2026 was A$4.57 Mil. Connexion Mobility's Total Assets for the quarter that ended in Jun. 2026 was A$18.12 Mil.
Therefore, Connexion Mobility's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.25.
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.
Connexion Mobility Goodwill-to-Asset Related Terms
Connexion Mobility Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Connexion Mobility'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.
ASX:CXZ vs QH, SHOP, UBER: Goodwill-to-Asset Comparison
For the Software - Application subindustry, Connexion Mobility'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.
Connexion Mobility Goodwill-to-Asset vs Software Industry
For the Software industry and Technology sector, Connexion Mobility's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Connexion Mobility's Goodwill-to-Asset falls into.
* 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.
Connexion Mobility (ASX:CXZ) has a Goodwill-to-Asset of 0.25 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Connexion Mobility and its competitors.
Is Connexion Mobility's Goodwill-to-Asset too high?
Connexion Mobility's current Goodwill-to-Asset is 0.25.
How does Connexion Mobility's Goodwill-to-Asset compare to QH and SHOP?
Connexion Mobility's Goodwill-to-Asset of 0.25 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Connexion Mobility and its competitors. Connexion Mobility's current Goodwill-to-Asset is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Connexion Mobility stock overvalued right now?
Based on GuruFocus' analysis, Connexion Mobility (ASX:CXZ) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.04, compared to a current price of A$0.02 — trading 45% below its estimated fair value. The current Goodwill-to-Asset is 0.25. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Connexion Mobility (ASX:CXZ), the current Goodwill-to-Asset is 0.25 as of Jun. 2026. 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.
Connexion Mobility Ltd is engaged in the development and commercialization of fleet management software for the automotive industry. The company provides its Software as a Service (SaaS) solutions, the OnTRAC and Connexion platforms, to various automotive original equipment manufacturers (OEMs) in the United States to manage their Courtesy Transportation Program (CTP), and related mobility needs such as fleet and rental management, toll management, insurance and identity verification, etc. It operates in one segment, specialising in developing information technology solutions for the automotive industries in Australia, the United States of America, Canada, and Mexico. Geographically, the company derives a majority of its revenue from its business in the USA.
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