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OtherLevels Holdings (ASX:OLV) Goodwill-to-Asset : 0.00 (As of Dec. 2019)


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What is OtherLevels Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. OtherLevels Holdings's Goodwill for the quarter that ended in Dec. 2019 was A$0.00 Mil. OtherLevels Holdings's Total Assets for the quarter that ended in Dec. 2019 was A$6.54 Mil. Therefore, OtherLevels Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2019 was 0.00.


OtherLevels Holdings Goodwill-to-Asset Historical Data

The historical data trend for OtherLevels Holdings'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.

OtherLevels Holdings Goodwill-to-Asset Chart

OtherLevels Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Goodwill-to-Asset
- - - - 0.21

OtherLevels Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.21 -

Competitive Comparison of OtherLevels Holdings's Goodwill-to-Asset

For the Software - Infrastructure subindustry, OtherLevels Holdings'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.


OtherLevels Holdings's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, OtherLevels Holdings's Goodwill-to-Asset distribution charts can be found below:

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



OtherLevels Holdings 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.

OtherLevels Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Goodwill to Asset (A: Jun. 2019 )=Goodwill/Total Assets
=1.53/7.42
=0.21

OtherLevels Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

Goodwill to Asset (Q: Dec. 2019 )=Goodwill/Total Assets
=0/6.544
=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.


OtherLevels Holdings  (ASX:OLV) 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.


OtherLevels Holdings Goodwill-to-Asset Related Terms

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OtherLevels Holdings (ASX:OLV) Business Description

Traded in Other Exchanges
N/A
Address
235 Edward Street, Level 1, Brisbane, QLD, AUS, 4000
OtherLevels Holdings Ltd provides mobile marketing solutions. It operates a digital marketing Software-as-a-Service business that enables enterprises to communicate with its users on mobile and smart devices. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Australia and the United States. The company generates revenue from Licences; Managed Services; Professional Services and Other income. It provides platforms such as Web and App Messaging, Location Messaging, Event Messaging, Intelligent Messaging, and In-Play Messaging.

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