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HNB Finance (COL:HNBF.N0000) Goodwill-to-Asset : 0.00 (As of . 20)


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What is HNB Finance Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. HNB Finance's Goodwill for the quarter that ended in . 20 was රු0.00 Mil. HNB Finance's Total Assets for the quarter that ended in . 20 was රු0.00 Mil.


HNB Finance Goodwill-to-Asset Historical Data

The historical data trend for HNB 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.

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HNB Finance Goodwill-to-Asset Chart

HNB Finance Annual Data
Trend
Goodwill-to-Asset

HNB Finance Semi-Annual Data
Goodwill-to-Asset

Competitive Comparison of HNB Finance's Goodwill-to-Asset

For the Credit Services subindustry, HNB 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.


HNB Finance's Goodwill-to-Asset Distribution in the Credit Services Industry

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

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



HNB 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.

HNB Finance's Goodwill to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill to Asset (A: . 20 )=Goodwill/Total Assets
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HNB Finance's Goodwill to Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill to Asset (Q: . 20 )=Goodwill/Total Assets
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=

* 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.


HNB Finance  (COL:HNBF.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.


HNB Finance Goodwill-to-Asset Related Terms

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HNB Finance (COL:HNBF.N0000) Business Description

Comparable Companies
Traded in Other Exchanges
Address
No. 168, Nawala Road, Nugegoda, Colombo, LKA
HNB Finance PLC is a provider of microfinance facilities, finance leases, vehicle loan facilities, mortgage loans, gold loans, Islamic finance, other credit facilities, acceptance of fixed deposits, maintenance of savings accounts, and value-added services to the finance sector. The company's operating segments include Financial, Gold Loan, Leasing, and Others. The company generates maximum revenue from the Financial segment.

HNB Finance (COL:HNBF.N0000) Headlines

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