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Yetu Microfinance Bank (DAR:YETU) Goodwill-to-Asset : 0.00 (As of . 20)


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What is Yetu Microfinance Bank Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Yetu Microfinance Bank's Goodwill for the quarter that ended in . 20 was TZS0.00 Mil. Yetu Microfinance Bank's Total Assets for the quarter that ended in . 20 was TZS0.00 Mil.


Yetu Microfinance Bank Goodwill-to-Asset Historical Data

The historical data trend for Yetu Microfinance Bank'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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Yetu Microfinance Bank Goodwill-to-Asset Chart

Yetu Microfinance Bank Annual Data
Trend
Goodwill-to-Asset

Yetu Microfinance Bank Semi-Annual Data
Goodwill-to-Asset

Competitive Comparison of Yetu Microfinance Bank's Goodwill-to-Asset

For the Banks - Regional subindustry, Yetu Microfinance Bank'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.


Yetu Microfinance Bank's Goodwill-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Yetu Microfinance Bank's Goodwill-to-Asset falls into.



Yetu Microfinance Bank 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.

Yetu Microfinance Bank'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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Yetu Microfinance Bank'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.


Yetu Microfinance Bank  (DAR:YETU) 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.


Yetu Microfinance Bank Goodwill-to-Asset Related Terms

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Yetu Microfinance Bank (DAR:YETU) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Block 77, Kiungani Street, Mkunazini Building, Plot No. 16, P.O Box 75379, Mnazi Mmoja Area, Within Ilala District, Dar es salaam, TZA
Yetu Microfinance Bank PLC is a provider of banking services in Tanzania. The company provides retail banking on the credit side, deposit side, and transactional/branch banking. Its segments include Micro enterprises that provide short-term loans of up to twelve months, deposits, and money transfers; Smallholder farmers that provide farm input loans, and agro-asset loans; Housing that delivers loans for house improvement in rural areas; Corporate entities that provide low- and middle-income households loans; and Community Financial services groups that include groups for deposit mobilization.

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