GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CIC Holdings PLC (COL:CIC.N0000) » Definitions » Goodwill-to-Asset

CIC Holdings (COL:CIC.N0000) Goodwill-to-Asset : 0.00 (As of Sep. 2024)


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

What is CIC Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. CIC Holdings's Goodwill for the quarter that ended in Sep. 2024 was රු0 Mil. CIC Holdings's Total Assets for the quarter that ended in Sep. 2024 was රු83,983 Mil. Therefore, CIC Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.00.


CIC Holdings Goodwill-to-Asset Historical Data

The historical data trend for CIC Holdings'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.

CIC Holdings Goodwill-to-Asset Chart

CIC Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.01 0.01 0.01

CIC Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -

Competitive Comparison of CIC Holdings's Goodwill-to-Asset

For the Conglomerates subindustry, CIC Holdings'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.


CIC Holdings's Goodwill-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CIC Holdings's Goodwill-to-Asset distribution charts can be found below:

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



CIC Holdings 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.

CIC Holdings'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
=533.48/78487.258
=0.01

CIC Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill to Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=0/83983.04
=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.


CIC Holdings  (COL:CIC.N0000) 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.


CIC Holdings Goodwill-to-Asset Related Terms

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


CIC Holdings Business Description

Traded in Other Exchanges
Address
199, Kew Road, CIC House, Colombo, LKA, 02
CIC Holdings PLC carries on the business of merchandising and manufacturing as its principal activities. The group has five strategic divisions which are its reportable segments, namely Crop Solutions, Agri Produce, Livestock Solutions, Industrial Solutions, and Health and Personal care. The company generates the majority of its revenue from the Crop solutions segment, which is engaged in Lawn and garden, Plant nutrition, and Seeds. Geographically, the company generates the majority of its revenue from Sri Lanka and also exports to other countries.

CIC Holdings Headlines

No Headlines