FCT (First Trust Senior Floating Rateome Fund II) Goodwill-to-Asset: 0.00 (As of Nov. 2025)

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FCT First Trust Senior Floating Rate Income Fund II FCT
24 GF Score
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What is First Trust Senior Floating Rateome Fund II Goodwill-to-Asset?

First Trust Senior Floating Rateome Fund II FCT +0.21% 24 Goodwill-to-Asset is 0.00 as of Nov. 2025. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. First Trust Senior Floating Rateome Fund II's Goodwill for the quarter that ended in Nov. 2025 was $0.00 Mil. First Trust Senior Floating Rateome Fund II's Total Assets for the quarter that ended in Nov. 2025 was $328.10 Mil. Therefore, First Trust Senior Floating Rateome Fund II's Goodwill to Asset Ratio for the quarter that ended in Nov. 2025 was 0.00.


First Trust Senior Floating Rateome Fund II  (NYSE:FCT) 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.


First Trust Senior Floating Rateome Fund II Goodwill-to-Asset Related Terms


First Trust Senior Floating Rateome Fund II Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II'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.

First Trust Senior Floating Rateome Fund II Goodwill-to-Asset Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

First Trust Senior Floating Rateome Fund II Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.00 0.00 0.00 0.00 0.00

FCT vs NUW, JRS, NHS: Goodwill-to-Asset Comparison

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II'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.


First Trust Senior Floating Rateome Fund II Goodwill-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Senior Floating Rateome Fund II's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where First Trust Senior Floating Rateome Fund II's Goodwill-to-Asset falls into.


FCT
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First Trust Senior Floating Rate Income Fund II FCT
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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First Trust Senior Floating Rateome Fund II 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.

First Trust Senior Floating Rateome Fund II's Goodwill to Asset Ratio for the fiscal year that ended in May. 2025 is calculated as

Goodwill to Asset (A: May. 2025 )=Goodwill/Total Assets
=0/356.325
=0.00

First Trust Senior Floating Rateome Fund II's Goodwill to Asset Ratio for the quarter that ended in Nov. 2025 is calculated as

Goodwill to Asset (Q: Nov. 2025 )=Goodwill/Total Assets
=0/328.096
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Goodwill-to-Asset of 0.00 as of Nov. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on First Trust Senior Floating Rateome Fund II and its competitors.
Is First Trust Senior Floating Rateome Fund II's Goodwill-to-Asset too high?
First Trust Senior Floating Rateome Fund II's current Goodwill-to-Asset is 0.00. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Goodwill-to-Asset compare to NUW and JRS?
First Trust Senior Floating Rateome Fund II's Goodwill-to-Asset of 0.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good Goodwill-to-Asset depends on the Asset Management 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 First Trust Senior Floating Rateome Fund II and its competitors. First Trust Senior Floating Rateome Fund II's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
First Trust Senior Floating Rateome Fund II (FCT) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 24/100 with 7 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 First Trust Senior Floating Rateome Fund II (FCT), the current Goodwill-to-Asset is 0.00 as of Nov. 2025. 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.

First Trust Senior Floating Rateome Fund II Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
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