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Alkosign (BOM:543453) Goodwill-to-Asset : 0.01 (As of Mar. 2024)


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What is Alkosign Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Alkosign's Goodwill for the quarter that ended in Mar. 2024 was ₹5.2 Mil. Alkosign's Total Assets for the quarter that ended in Mar. 2024 was ₹498.3 Mil. Therefore, Alkosign's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.01.


Alkosign Goodwill-to-Asset Historical Data

The historical data trend for Alkosign'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.

Alkosign Goodwill-to-Asset Chart

Alkosign Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
0.02 0.02 0.02 0.01

Alkosign Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Goodwill-to-Asset Get a 7-Day Free Trial 0.02 0.02 0.02 0.01 0.01

Competitive Comparison of Alkosign's Goodwill-to-Asset

For the Business Equipment & Supplies subindustry, Alkosign'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.


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

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

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



Alkosign 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.

Alkosign'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
=5.2/498.29
=0.01

Alkosign'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
=5.2/498.29
=0.01

* 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.


Alkosign  (BOM:543453) 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.


Alkosign Goodwill-to-Asset Related Terms

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Alkosign (BOM:543453) Business Description

Traded in Other Exchanges
N/A
Address
S NO: 12A, MIDC, Near Mother Dairy, Saravli, Bhiwandi, Thane, Mumbai, MH, IND, 421 311
Alkosign Ltd is engaged in manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories and stands used for these boards, school benches, desks, and their accessories. The company generates all of its revenue from the sale of goods in the domestic market.

Alkosign (BOM:543453) Headlines

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