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Computer And Technologies Holdings (Computer And Technologies Holdings) Goodwill-to-Asset : 0.21 (As of Dec. 2023)


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What is Computer And Technologies Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Computer And Technologies Holdings's Goodwill for the quarter that ended in Dec. 2023 was $17.29 Mil. Computer And Technologies Holdings's Total Assets for the quarter that ended in Dec. 2023 was $83.81 Mil. Therefore, Computer And Technologies Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.


Computer And Technologies Holdings Goodwill-to-Asset Historical Data

The historical data trend for Computer And Technologies 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.

Computer And Technologies Holdings Goodwill-to-Asset Chart

Computer And Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.20 0.20 0.21

Computer And Technologies Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.20 0.20 0.20 0.21 0.21

Competitive Comparison of Computer And Technologies Holdings's Goodwill-to-Asset

For the Information Technology Services subindustry, Computer And Technologies 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.


Computer And Technologies Holdings's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Computer And Technologies Holdings's Goodwill-to-Asset distribution charts can be found below:

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



Computer And Technologies 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.

Computer And Technologies Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=17.286/83.806
=0.21

Computer And Technologies Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=17.286/83.806
=0.21

* 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.


Computer And Technologies Holdings  (OTCPK:CXGEF) 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.


Computer And Technologies Holdings Goodwill-to-Asset Related Terms

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Computer And Technologies Holdings (Computer And Technologies Holdings) Business Description

Traded in Other Exchanges
Address
100 Cyberport Road, Level 10, Cyberport 2, Hong Kong, HKG
Computer And Technologies Holdings Ltd provides software products. It operates in three segments, the Application Services segment; the Integration and Solutions services segment; and the investments segment. It generates majority of the revenue from the Application Services segment that engages in the provision of enterprise applications software and e-business services for enterprises including the provision of enterprise applications software with implementation and ongoing support services; and the GETS, cloud services and other related value-added services. Geographical revenue is derived from Hong Kong and other countries.

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