GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fineqia International Inc (OTCPK:FNQQF) » Definitions » Goodwill-to-Asset

FNQQF (Fineqia International) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Fineqia International Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Fineqia International's Goodwill for the quarter that ended in Jun. 2024 was $0.00 Mil. Fineqia International's Total Assets for the quarter that ended in Jun. 2024 was $1.39 Mil.


Fineqia International Goodwill-to-Asset Historical Data

The historical data trend for Fineqia International'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.

Fineqia International Goodwill-to-Asset Chart

Fineqia International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fineqia International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Fineqia International's Goodwill-to-Asset

For the Financial Conglomerates subindustry, Fineqia International'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.


Fineqia International's Goodwill-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fineqia International's Goodwill-to-Asset distribution charts can be found below:

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



Fineqia International 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.

Fineqia International'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
=0/1.767
=

Fineqia International'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
=0/1.394
=

* 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.


Fineqia International  (OTCPK:FNQQF) 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.


Fineqia International Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Fineqia International's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Fineqia International Business Description

Traded in Other Exchanges
Address
57 Berkeley Square, Lansdowne House 1st floor, London, GBR, W1J6ER
Fineqia International Inc is a digital asset business that invests in early and growth-stage technology companies at the forefront of the next generation of the internet. The Company operates in the UK, Malta, Liechtenstein, and Canada.