GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ALTEO Energy Services PLC (BUD:ALTEO) » Definitions » Goodwill-to-Asset

ALTEO Energy Services (BUD:ALTEO) Goodwill-to-Asset : 0.01 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is ALTEO Energy Services Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. ALTEO Energy Services's Goodwill for the quarter that ended in Jun. 2024 was Ft1,019 Mil. ALTEO Energy Services's Total Assets for the quarter that ended in Jun. 2024 was Ft82,683 Mil. Therefore, ALTEO Energy Services's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.01.


ALTEO Energy Services Goodwill-to-Asset Historical Data

The historical data trend for ALTEO Energy Services'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.

ALTEO Energy Services Goodwill-to-Asset Chart

ALTEO Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.01

ALTEO Energy Services Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.01 0.01 0.01 0.01

Competitive Comparison of ALTEO Energy Services's Goodwill-to-Asset

For the Utilities - Renewable subindustry, ALTEO Energy Services'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.


ALTEO Energy Services's Goodwill-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ALTEO Energy Services's Goodwill-to-Asset distribution charts can be found below:

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



ALTEO Energy Services 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.

ALTEO Energy Services's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1019.18/91977.779
=0.01

ALTEO Energy Services's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=1019/82683
=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.


ALTEO Energy Services  (BUD:ALTEO) 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.


ALTEO Energy Services Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of ALTEO Energy Services's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


ALTEO Energy Services Business Description

Traded in Other Exchanges
Address
Korhaz utca 6-12., Budapest, HUN, 1033
ALTEO Energy Services PLC operates in the utility industry in Hungary. Its business segments includes, Heat and electricity production and management, Renewables-based energy production, Energy services, Energy trading and other. Majority of the revenue generated from Heat and electricity production and management.

ALTEO Energy Services Headlines

No Headlines