GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Atlas Mara Ltd (CHIX:ATMAl) » Definitions » Goodwill-to-Asset

Atlas Mara (CHIX:ATMAL) Goodwill-to-Asset : 0.02 (As of Jun. 2020)


View and export this data going back to 2015. Start your Free Trial

What is Atlas Mara Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Atlas Mara's Goodwill for the quarter that ended in Jun. 2020 was $39.39 Mil. Atlas Mara's Total Assets for the quarter that ended in Jun. 2020 was $2,489.98 Mil. Therefore, Atlas Mara's Goodwill to Asset Ratio for the quarter that ended in Jun. 2020 was 0.02.


Atlas Mara Goodwill-to-Asset Historical Data

The historical data trend for Atlas Mara'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.

Atlas Mara Goodwill-to-Asset Chart

Atlas Mara Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Goodwill-to-Asset
Get a 7-Day Free Trial 0.03 0.03 0.03 0.03 0.02

Atlas Mara Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.03 - 0.02 0.02

Competitive Comparison of Atlas Mara's Goodwill-to-Asset

For the Banks - Regional subindustry, Atlas Mara'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.


Atlas Mara's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Atlas Mara's Goodwill-to-Asset distribution charts can be found below:

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



Atlas Mara 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.

Atlas Mara's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Goodwill to Asset (A: Dec. 2019 )=Goodwill/Total Assets
=45.83/2627.411
=0.02

Atlas Mara's Goodwill to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Goodwill to Asset (Q: Jun. 2020 )=Goodwill/Total Assets
=39.39/2489.977
=0.02

* 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.


Atlas Mara  (CHIX:ATMAl) 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.


Atlas Mara Goodwill-to-Asset Related Terms

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


Atlas Mara (CHIX:ATMAL) Business Description

Traded in Other Exchanges
N/A
Address
Ritter House, 6th Floor, Wickhams Cay II, PO Box 4041, Tortola, Road Town, VGB, VG1110
Atlas Mara Ltd is a London-listed financial services group engaged in banking operations. It provides corporate and retail financial services to corporations, small-and-medium-sized enterprises and individuals. Its segments include Nigeria; Botswana; and Zimbabwe. The bank generates most of the revenue from Botswana segment.

Atlas Mara (CHIX:ATMAL) Headlines

No Headlines