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Aartech Solonics (BOM:542580) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Aartech Solonics Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Aartech Solonics's Goodwill for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Aartech Solonics's Total Assets for the quarter that ended in Mar. 2024 was ₹411.2 Mil. Therefore, Aartech Solonics's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Aartech Solonics Goodwill-to-Asset Historical Data

The historical data trend for Aartech Solonics'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.

Aartech Solonics Goodwill-to-Asset Chart

Aartech Solonics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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Aartech Solonics Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Aartech Solonics's Goodwill-to-Asset

For the Electrical Equipment & Parts subindustry, Aartech Solonics'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.


Aartech Solonics's Goodwill-to-Asset Distribution in the Industrial Products Industry

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

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



Aartech Solonics 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.

Aartech Solonics'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
=0/411.22
=0.00

Aartech Solonics'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
=0/411.22
=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.


Aartech Solonics  (BOM:542580) 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.


Aartech Solonics Goodwill-to-Asset Related Terms

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Aartech Solonics (BOM:542580) Business Description

Traded in Other Exchanges
Address
E-2/57, Ashirvad, Arera Colony, Bhopal, MP, IND, 462016
Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as switches, fuses, voltage limiters, surge suppressors, junction boxes and others for a voltage exceeding 1000 volts; similar apparatus including relays, sockets and others for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Helth Care; Information Technology and Telecom; and other industries.

Aartech Solonics (BOM:542580) Headlines

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