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Mirrabooka Investments (ASX:MIR) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is Mirrabooka Investments Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Mirrabooka Investments's Goodwill for the quarter that ended in Jun. 2024 was A$0.00 Mil. Mirrabooka Investments's Total Assets for the quarter that ended in Jun. 2024 was A$626.35 Mil. Therefore, Mirrabooka Investments's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


Mirrabooka Investments Goodwill-to-Asset Historical Data

The historical data trend for Mirrabooka Investments'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.

Mirrabooka Investments Goodwill-to-Asset Chart

Mirrabooka Investments Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Goodwill-to-Asset
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Mirrabooka Investments Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Mirrabooka Investments's Goodwill-to-Asset

For the Asset Management subindustry, Mirrabooka Investments'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.


Mirrabooka Investments's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mirrabooka Investments's Goodwill-to-Asset distribution charts can be found below:

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



Mirrabooka Investments 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.

Mirrabooka Investments'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
=0/626.354
=0.00

Mirrabooka Investments'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
=0/626.354
=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.


Mirrabooka Investments  (ASX:MIR) 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.


Mirrabooka Investments Goodwill-to-Asset Related Terms

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Mirrabooka Investments Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Mirrabooka Investments Ltd is a listed investment company. It is engaged in investing in small and medium-sized companies located in Australia and New Zealand. The company aims to provide medium to long-term investment gains through holding core investments in selected small and medium-sized companies and to provide attractive dividend returns to shareholders from these investments.