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Virtuoso OptoElectronics (BOM:543597) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Virtuoso OptoElectronics Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Virtuoso OptoElectronics's Goodwill for the quarter that ended in Mar. 2024 was ₹0 Mil. Virtuoso OptoElectronics's Total Assets for the quarter that ended in Mar. 2024 was ₹4,558 Mil. Therefore, Virtuoso OptoElectronics's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Virtuoso OptoElectronics Goodwill-to-Asset Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics Goodwill-to-Asset Chart

Virtuoso OptoElectronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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Virtuoso OptoElectronics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Goodwill-to-Asset Get a 7-Day Free Trial - - - - -

Competitive Comparison of Virtuoso OptoElectronics's Goodwill-to-Asset

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.


Virtuoso OptoElectronics's Goodwill-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Virtuoso OptoElectronics's Goodwill-to-Asset distribution charts can be found below:

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



Virtuoso OptoElectronics 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.

Virtuoso OptoElectronics'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
=0.02/4557.958
=0.00

Virtuoso OptoElectronics'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
=0.02/4557.958
=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.


Virtuoso OptoElectronics  (BOM:543597) 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.


Virtuoso OptoElectronics Goodwill-to-Asset Related Terms

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Virtuoso OptoElectronics (BOM:543597) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007
Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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