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India Gelatine & Chemicals (BOM:531253) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is India Gelatine & Chemicals Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. India Gelatine & Chemicals's Goodwill for the quarter that ended in Mar. 2024 was ₹0 Mil. India Gelatine & Chemicals's Total Assets for the quarter that ended in Mar. 2024 was ₹1,844 Mil. Therefore, India Gelatine & Chemicals's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


India Gelatine & Chemicals Goodwill-to-Asset Historical Data

The historical data trend for India Gelatine & Chemicals'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.

India Gelatine & Chemicals Goodwill-to-Asset Chart

India Gelatine & Chemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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India Gelatine & Chemicals 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 India Gelatine & Chemicals's Goodwill-to-Asset

For the Specialty Chemicals subindustry, India Gelatine & Chemicals'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.


India Gelatine & Chemicals's Goodwill-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, India Gelatine & Chemicals's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where India Gelatine & Chemicals's Goodwill-to-Asset falls into.



India Gelatine & Chemicals 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.

India Gelatine & Chemicals'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
=0/1844.074
=0.00

India Gelatine & Chemicals'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
=0/1844.074
=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.


India Gelatine & Chemicals  (BOM:531253) 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.


India Gelatine & Chemicals Goodwill-to-Asset Related Terms

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India Gelatine & Chemicals (BOM:531253) Business Description

Traded in Other Exchanges
N/A
Address
77/78, Mittal Chambers, 228, Nariman Point, Mumbai, MH, IND, 400021
India Gelatine & Chemicals Ltd manufactures Ossein and Gelatine-based products. The company's activities include extraction, purification, evaporation, drying, grinding, sieving, and blending of gelatine. Its products include Edible Gelatine, Photographic Gelatine, Technical Gelatine, and Pharmaceutical Gelatine. The group derives revenue from India, Far East, Europe, and other regions, of which a majority of revenue is derived within India.

India Gelatine & Chemicals (BOM:531253) Headlines

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