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Forestar Group (FRA:4F31) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Forestar Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Forestar Group's Goodwill for the quarter that ended in Mar. 2024 was €0 Mil. Forestar Group's Total Assets for the quarter that ended in Mar. 2024 was €2,391 Mil. Therefore, Forestar Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Forestar Group Goodwill-to-Asset Historical Data

The historical data trend for Forestar Group'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.

Forestar Group Goodwill-to-Asset Chart

Forestar Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Goodwill-to-Asset
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Forestar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Forestar Group's Goodwill-to-Asset

For the Real Estate - Development subindustry, Forestar Group'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.


Forestar Group's Goodwill-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forestar Group's Goodwill-to-Asset distribution charts can be found below:

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



Forestar Group 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.

Forestar Group's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Goodwill to Asset (A: Sep. 2023 )=Goodwill/Total Assets
=0/2315.046
=0.00

Forestar Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=0/2390.804
=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.


Forestar Group  (FRA:4F31) 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.


Forestar Group Goodwill-to-Asset Related Terms

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Forestar Group (FRA:4F31) Business Description

Traded in Other Exchanges
Address
2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006
Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.

Forestar Group (FRA:4F31) Headlines

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