IFB Agro Industries (BOM:507438) Goodwill-to-Asset : 0.00 (As of Mar. 2024)

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What is IFB Agro Industries Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. IFB Agro Industries's Goodwill for the quarter that ended in Mar. 2024 was ₹0 Mil. IFB Agro Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹6,361 Mil. Therefore, IFB Agro Industries's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.

IFB Agro Industries Goodwill-to-Asset Historical Data

The historical data trend for IFB Agro Industries'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.

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IFB Agro Industries Goodwill-to-Asset Chart

IFB Agro Industries Annual Data

Trend

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Goodwill-to-Asset

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IFB Agro Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Competitive Comparison of IFB Agro Industries's Goodwill-to-Asset

For the Beverages - Wineries & Distilleries subindustry, IFB Agro Industries'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.

IFB Agro Industries's Goodwill-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, IFB Agro Industries's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where IFB Agro Industries's Goodwill-to-Asset falls into.

IFB Agro Industries 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.

IFB Agro Industries's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill to Asset (A: Mar. 2024 )	=	Goodwill	/	Total Assets
	=	0	/	6361
	=	0.00

IFB Agro Industries's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )	=	Goodwill	/	Total Assets
	=	0	/	6361
	=	0.00

IFB Agro Industries (BOM:507438) 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.

IFB Agro Industries Goodwill-to-Asset Related Terms

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IFB Agro Industries (BOM:507438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » IFB Agro Industries Ltd (BOM:507438) » Definitions » Goodwill-to-Asset

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IFBAGRO:India

Address

Plot Number IND-5, Sector I, East Kolkata Township, Kolkata, WB, IND, 700 107

Website

https://www.ifbagro.in

IFB Agro Industries Ltd is engaged in the business of manufacturing alcohol, bottling branded alcoholic beverages as well as processed and packed marine foods both for domestic and export markets. The company operates in two segments: Spirit, spirituous beverages and allied products, and Marine. IFB Agro derives majority of its revenue from its Spirit, spirituous beverages and allied products segment.

IFB Agro Industries (BOM:507438) Headlines

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