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Manjeera Constructions (BOM:533078) Goodwill-to-Asset : 0.04 (As of Dec. 2023)


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What is Manjeera Constructions Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Manjeera Constructions's Goodwill for the quarter that ended in Dec. 2023 was ₹288.8 Mil. Manjeera Constructions's Total Assets for the quarter that ended in Dec. 2023 was ₹6,998.7 Mil. Therefore, Manjeera Constructions's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.


Manjeera Constructions Goodwill-to-Asset Historical Data

The historical data trend for Manjeera Constructions'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.

Manjeera Constructions Goodwill-to-Asset Chart

Manjeera Constructions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.06 0.04 0.04

Manjeera Constructions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.04 - 0.04 0.04

Competitive Comparison of Manjeera Constructions's Goodwill-to-Asset

For the Real Estate - Development subindustry, Manjeera Constructions'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.


Manjeera Constructions's Goodwill-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Manjeera Constructions's Goodwill-to-Asset distribution charts can be found below:

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



Manjeera Constructions 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.

Manjeera Constructions'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
=288.79/6839.385
=0.04

Manjeera Constructions'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
=288.79/6998.718
=0.04

* 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.


Manjeera Constructions  (BOM:533078) 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.


Manjeera Constructions Goodwill-to-Asset Related Terms

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Manjeera Constructions (BOM:533078) Business Description

Traded in Other Exchanges
N/A
Address
JNTU-Hitech City Road, KPHB, No. 711, Manjeera Trinity Corporate, Beside Manjeera Mall, Kukatpally, Hyderabad, TG, IND, 500072
Manjeera Constructions Ltd is engaged in property development, civil construction contracts, infrastructure project development, and Windmill Energy Production. It operates through the Real estate, and Sub Contracted Contractual business, Its residential projects include Manjeera casa, Manjeera Tuscany, Manjeera NewYork and Manjeera Blue. Its commercial projects include Aditya Trade Centre, Manjeera Trinity Corporate, Manjeera Platina and Manjeera Majestic Commercial. Its retail Project Includes Manjeera Mall . Its Hospitality Project include Aditya Park, Aditya Hometel, Radisson Hotel, Majeera Sarovar and Manjeera convention centre. The real Estate segment generates the majority of revenue.

Manjeera Constructions (BOM:533078) Headlines

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