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Gujarat Apollo Industries (BOM:522217) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Gujarat Apollo Industries Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Gujarat Apollo Industries's Goodwill for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Gujarat Apollo Industries's Total Assets for the quarter that ended in Dec. 2023 was ₹0.0 Mil.


Gujarat Apollo Industries Goodwill-to-Asset Historical Data

The historical data trend for Gujarat Apollo 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.

* Premium members only.

Gujarat Apollo Industries Goodwill-to-Asset Chart

Gujarat Apollo Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Goodwill-to-Asset
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Gujarat Apollo Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Gujarat Apollo Industries's Goodwill-to-Asset

For the Specialty Industrial Machinery subindustry, Gujarat Apollo 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.


Gujarat Apollo Industries's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gujarat Apollo Industries's Goodwill-to-Asset distribution charts can be found below:

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



Gujarat Apollo 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.

Gujarat Apollo Industries's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=0/5186.325
=0.00

Gujarat Apollo Industries's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/0
=

* 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.


Gujarat Apollo Industries  (BOM:522217) 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.


Gujarat Apollo Industries Goodwill-to-Asset Related Terms

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Gujarat Apollo Industries (BOM:522217) Business Description

Traded in Other Exchanges
Address
Near Mithakhali Six Roads, 5-B, Rashmi Society, Parishram, Navrangpura, Ahmedabad, GJ, IND, 380009
Gujarat Apollo Industries Ltd is engaged in the manufacturing of different types of mining and road construction and maintenance machinery catering to the needs of the majority of the mining companies in India. Geographically, it derives a majority of revenue from India. Its product categories include Jaw Crusher; Cone Crusher; Horizontal Shaft Impact Crusher; Vertical Shaft Impact Crusher; Vibrating Screen; Mobile Crushing Plant; Crushing and Screening plant; Bucket Crusher; and others.

Gujarat Apollo Industries (BOM:522217) Headlines

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