GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Budweiser Brewing Co APAC Ltd (OTCPK:BDWBY) » Definitions » Goodwill-to-Asset

BDWBY (Budweiser Brewing Co APAC) Goodwill-to-Asset : 0.40 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Budweiser Brewing Co APAC Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Budweiser Brewing Co APAC's Goodwill for the quarter that ended in Jun. 2024 was $6,169 Mil. Budweiser Brewing Co APAC's Total Assets for the quarter that ended in Jun. 2024 was $15,254 Mil. Therefore, Budweiser Brewing Co APAC's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.40.


Budweiser Brewing Co APAC Goodwill-to-Asset Historical Data

The historical data trend for Budweiser Brewing Co APAC'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.

Budweiser Brewing Co APAC Goodwill-to-Asset Chart

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial 0.45 0.45 0.43 0.41 0.40

Budweiser Brewing Co APAC Quarterly Data
Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 0.40 - 0.40 -

Competitive Comparison of Budweiser Brewing Co APAC's Goodwill-to-Asset

For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC'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.


Budweiser Brewing Co APAC's Goodwill-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Budweiser Brewing Co APAC's Goodwill-to-Asset falls into.



Budweiser Brewing Co APAC 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.

Budweiser Brewing Co APAC'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
=6435/16234
=0.40

Budweiser Brewing Co APAC'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
=6169/15254
=0.40

* 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.


Budweiser Brewing Co APAC  (OTCPK:BDWBY) 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.


Budweiser Brewing Co APAC Goodwill-to-Asset Related Terms

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


Budweiser Brewing Co APAC Business Description

Traded in Other Exchanges
Address
500 Hennessy Road, 27th Floor Hysan Place, Room 2701, Causeway Bay, Hong Kong, HKG
Budweiser APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2023 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass and Harbin.