Afrika Gold AG (HAM:GOG) Goodwill-to-Asset: 0.00 (As of Jun. 2024)

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HAM:GOG Afrika Gold AG HAM:GOG
36 GF Score
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What is Afrika Gold AG Goodwill-to-Asset?

Afrika Gold AG HAM:GOG 36 Goodwill-to-Asset is 0.00 as of Jun. 2024. GuruFocus rates HAM:GOG with a GF Score™ of 36/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Afrika Gold AG's Goodwill for the quarter that ended in Jun. 2024 was €0.00 Mil. Afrika Gold AG's Total Assets for the quarter that ended in Jun. 2024 was €10.40 Mil. Therefore, Afrika Gold AG's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.

Afrika Gold AG  (HAM:GOG) 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.

Afrika Gold AG Goodwill-to-Asset Related Terms

Afrika Gold AG Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Afrika Gold AG'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.

Afrika Gold AG Goodwill-to-Asset Chart

Afrika Gold AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Afrika Gold AG Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Goodwill-to-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Afrika Gold AG Goodwill-to-Asset Competitor Comparison

For the Gold subindustry, Afrika Gold AG'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.

Afrika Gold AG Goodwill-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Afrika Gold AG's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Afrika Gold AG's Goodwill-to-Asset falls into.


HAM:GOG
36GF Score
Afrika Gold AG HAM:GOG
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrika Gold AG 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.

Afrika Gold AG's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Goodwill to Asset (A: Jun. 2024 )=Goodwill/Total Assets
=0/10.404
=0.00

Afrika Gold AG'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
=0/10.404
=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?
Afrika Gold AG (HAM:GOG) has a Goodwill-to-Asset of 0.00 as of Jun. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Afrika Gold AG and its competitors.
Is Afrika Gold AG's Goodwill-to-Asset too high?
Afrika Gold AG's current Goodwill-to-Asset is 0.00. Overall, Afrika Gold AG has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Afrika Gold AG's Goodwill-to-Asset compare to competitors?
Afrika Gold AG's Goodwill-to-Asset of 0.00 can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Goodwill-to-Asset depends on the Metals & Mining 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 Afrika Gold AG and its competitors. Afrika Gold AG'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 Afrika Gold AG stock overvalued right now?
Afrika Gold AG (HAM:GOG) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Afrika Gold AG's overall GF Score™ is 36/100. 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 Afrika Gold AG (HAM:GOG), the current Goodwill-to-Asset is 0.00 as of Jun. 2024. 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.

Afrika Gold AG Business Description

Address Chaltenbodenstrasse 26, Schindellegi, CHE, 8834
Afrika Gold AG is a gold exploration and mining company.
36GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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