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California Water Service Group (NYSE:CWT) 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.
California Water Service Group Goodwill-to-Asset Related Terms
California Water Service Group Goodwill-to-Asset Historical Data
* 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.
California Water Service Group Goodwill-to-Asset Chart
CWT vs AWR, HTO, MSEX: Goodwill-to-Asset Comparison
For the Utilities - Regulated Water subindustry, California Water Service Group'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.
California Water Service Group Goodwill-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, California Water Service Group's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where California Water Service Group's Goodwill-to-Asset falls into.
* 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.
California Water Service Group (CWT) has a Goodwill-to-Asset of 0.01 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on California Water Service Group and its competitors.
Is California Water Service Group's Goodwill-to-Asset too high?
California Water Service Group's current Goodwill-to-Asset is 0.01. Overall, California Water Service Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Water Service Group's Goodwill-to-Asset compare to AWR and HTO?
California Water Service Group's Goodwill-to-Asset of 0.01 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Goodwill-to-Asset depends on the Utilities - Regulated 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 California Water Service Group and its competitors. California Water Service Group's current Goodwill-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Water Service Group stock overvalued right now?
Based on GuruFocus' analysis, California Water Service Group (CWT) is currently considered Fairly Valued. The stock's GF Value™ is $51.18, compared to a current price of $50.40 — trading 1.5% below its estimated fair value. The current Goodwill-to-Asset is 0.01. California Water Service Group's overall GF Score™ is 76/100 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 California Water Service Group (CWT), the current Goodwill-to-Asset is 0.01 as of Jun. 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 California Water Service Group (CWT) Overvalued in 2026?
Based on GuruFocus' analysis, California Water Service Group stock appears to be undervalued.
The current stock price of $50.40 is trading 1.5% below its estimated GF Value™ of $51.18.
GuruFocus considers California Water Service Group to be Fairly Valued.
Key valuation signals for CWT:
Goodwill-to-Asset: 0.01
GF Value™: $51.18 vs. price of $50.40 (1.5% below fair value)
No single metric tells the full story. See the CWT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
California Water Service Group is a U.S. water and utilities holding company based in California. The company provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its wholly-owned subsidiaries. The bulk of the company's business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, and the provision of water for domestic and municipal fire protection services.
76GF Score
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