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Five-Star Business Finance (BOM:543663) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Five-Star Business Finance Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Five-Star Business Finance's Goodwill for the quarter that ended in Mar. 2024 was ₹0 Mil. Five-Star Business Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹116,888 Mil. Therefore, Five-Star Business Finance's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Five-Star Business Finance Goodwill-to-Asset Historical Data

The historical data trend for Five-Star Business Finance'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.

Five-Star Business Finance Goodwill-to-Asset Chart

Five-Star Business Finance Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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Five-Star Business Finance Quarterly Data
Mar20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Five-Star Business Finance's Goodwill-to-Asset

For the Credit Services subindustry, Five-Star Business Finance'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.


Five-Star Business Finance's Goodwill-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Five-Star Business Finance's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Five-Star Business Finance's Goodwill-to-Asset falls into.



Five-Star Business Finance 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.

Five-Star Business Finance'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
=0/116887.792
=0.00

Five-Star Business Finance'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
=0/116887.792
=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.


Five-Star Business Finance  (BOM:543663) 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.


Five-Star Business Finance Goodwill-to-Asset Related Terms

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Five-Star Business Finance (BOM:543663) Business Description

Traded in Other Exchanges
Address
New No. 27, Old No. 4, Taylor's Road, Kilpauk, Chennai, TN, IND, 600 010
Five-Star Business Finance Ltd provides secured loans to micro-entrepreneurs and self-employed individuals for business purposes, as well as for asset creation such as home renovation or improvement, or for meeting expenses for significant economic events such as marriage, healthcare and education.

Five-Star Business Finance (BOM:543663) Headlines

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