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FNCHF (FINEOS Holdings) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is FINEOS Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. FINEOS Holdings's Goodwill for the quarter that ended in Jun. 2024 was $0.0 Mil. FINEOS Holdings's Total Assets for the quarter that ended in Jun. 2024 was $233.6 Mil. Therefore, FINEOS Holdings's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


FINEOS Holdings Goodwill-to-Asset Historical Data

The historical data trend for FINEOS 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.

FINEOS Holdings Goodwill-to-Asset Chart

FINEOS Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Goodwill-to-Asset
- 0.22 0.15 0.16

FINEOS Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.15 - 0.16 0.16 -

Competitive Comparison of FINEOS Holdings's Goodwill-to-Asset

For the Software - Infrastructure subindustry, FINEOS 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.


FINEOS Holdings's Goodwill-to-Asset Distribution in the Software Industry

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

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



FINEOS 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.

FINEOS Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill to Asset (A: Jun. 2023 )=Goodwill/Total Assets
=34.854/217.953
=0.16

FINEOS Holdings's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=0/233.626
=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.


FINEOS Holdings  (OTCPK:FNCHF) 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.


FINEOS Holdings Goodwill-to-Asset Related Terms

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FINEOS Holdings Business Description

Traded in Other Exchanges
Address
East Point Business Park, Alfy Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97
Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.