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Svitzer Group AS (FRA:9Y1) Goodwill-to-Asset : 0.03 (As of Dec. 2024)


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What is Svitzer Group AS Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Svitzer Group AS's Goodwill for the quarter that ended in Dec. 2024 was €50.6 Mil. Svitzer Group AS's Total Assets for the quarter that ended in Dec. 2024 was €1,676.3 Mil. Therefore, Svitzer Group AS's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.03.


Svitzer Group AS Goodwill-to-Asset Historical Data

The historical data trend for Svitzer Group AS'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.

Svitzer Group AS Goodwill-to-Asset Chart

Svitzer Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
- - 0.03 0.03

Svitzer Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Goodwill-to-Asset Get a 7-Day Free Trial - - 0.03 - 0.03

Competitive Comparison of Svitzer Group AS's Goodwill-to-Asset

For the Marine Shipping subindustry, Svitzer Group AS'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.


Svitzer Group AS's Goodwill-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Svitzer Group AS's Goodwill-to-Asset distribution charts can be found below:

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



Svitzer Group AS 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.

Svitzer Group AS's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill to Asset (A: Dec. 2024 )=Goodwill/Total Assets
=50.552/1676.255
=0.03

Svitzer Group AS's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=50.552/1676.255
=0.03

* 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.


Svitzer Group AS  (FRA:9Y1) 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.


Svitzer Group AS Goodwill-to-Asset Related Terms

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Svitzer Group AS Business Description

Traded in Other Exchanges
Address
Sundkrogsgade 17, Copenhagen, DNK, 2100
Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage: In Harbour Towage, company enter into agreements with vessel owners or operators to provide towage services for their vessels in specific ports; and Terminal Towage , company enter into agreements with on and offshore terminal operators or other customers for the delivery of towage services by making a pre-determined number of tugboats, and sometimes other vessels, available to service all vessels that enter or leave the specific terminal. The company operates in various countries such as Australia, Europe, America, AMEA, with majority from Australia.

Svitzer Group AS Headlines

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