CDLR (Cadeler AS) Goodwill-to-Asset: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CDLR Cadeler AS CDLR
57 GF Score
Price $23.21
GF Value $66.88
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Cadeler AS Goodwill-to-Asset?

Cadeler AS CDLR -0.85% 57 Goodwill-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates CDLR with a GF Score™ of 57/100 and a GF Value™ of $66.88 (Possible Value Trap). The stock has 8 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Cadeler AS's Goodwill for the quarter that ended in Mar. 2026 was $0.0 Mil. Cadeler AS's Total Assets for the quarter that ended in Mar. 2026 was $4,087.3 Mil. Therefore, Cadeler AS's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.


Cadeler AS  (NYSE:CDLR) 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.


Cadeler AS Goodwill-to-Asset Related Terms


Cadeler AS Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Cadeler AS'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.

Cadeler AS Goodwill-to-Asset Chart

Cadeler AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.01 0.01 0.01

Cadeler AS Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.01 0.00

CDLR vs PWR, FIX, EME: Goodwill-to-Asset Comparison

For the Engineering & Construction subindustry, Cadeler AS'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.


Cadeler AS Goodwill-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Cadeler AS's Goodwill-to-Asset distribution charts can be found below:

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


CDLR
57GF Score
Cadeler AS CDLR
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cadeler AS 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.

Cadeler AS's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=20.8/4000.792
=0.01

Cadeler AS's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/4087.298
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Cadeler AS (CDLR) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Cadeler AS and its competitors.
Is Cadeler AS's Goodwill-to-Asset too high?
Cadeler AS's current Goodwill-to-Asset is 0.00. Overall, Cadeler AS has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cadeler AS's Goodwill-to-Asset compare to PWR and FIX?
Cadeler AS's Goodwill-to-Asset of 0.00 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Construction company?
A good Goodwill-to-Asset depends on the Construction industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Cadeler AS and its competitors. Cadeler AS's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadeler AS stock overvalued right now?
Based on GuruFocus' analysis, Cadeler AS (CDLR) is currently considered Possible Value Trap. The stock's GF Value™ is $66.88, compared to a current price of $23.21 — trading 65.3% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Cadeler AS's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Cadeler AS (CDLR), the current Goodwill-to-Asset is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cadeler AS (CDLR) Overvalued in 2026?

Based on GuruFocus' analysis, Cadeler AS stock appears to be undervalued. The current stock price of $23.21 is trading 65.3% below its estimated GF Value™ of $66.88. GuruFocus considers Cadeler AS to be Possible Value Trap.

Key valuation signals for CDLR:

  • Goodwill-to-Asset: 0.00
  • GF Value™: $66.88 vs. price of $23.21 (65.3% below fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the CDLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cadeler AS Business Description

Address Kalvebod Brygge 43, Copenhagen, DNK, 1560
Cadeler AS is an offshore wind installation vessel contractor. It currently operates various offshore jack-up wind installation vessels, with new builds on order. The Group operates within the market for the transportation and installation of offshore wind turbine generators (WTGs) and their foundations. In addition to wind farm installation, its vessels can perform maintenance, decommissioning, and other general construction tasks within the offshore industry. Cadler's customer base consists of offshore wind farm developers, original equipment manufacturers, and various offshore contractors. Geographically, the Group generates maximum revenue from the United States and the rest from the United Kingdom, Taiwan, Germany, Denmark, Poland, and other regions.
57GF Score

Get the complete analysis for CDLR

Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.21
Price
$66.88
GF Value