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K2 F&B Holdings (HKSE:02108) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is K2 F&B Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. K2 F&B Holdings's Goodwill for the quarter that ended in Dec. 2023 was HK$0.0 Mil. K2 F&B Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,161.6 Mil. Therefore, K2 F&B Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


K2 F&B Holdings Goodwill-to-Asset Historical Data

The historical data trend for K2 F&B 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.

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K2 F&B Holdings Goodwill-to-Asset Chart

K2 F&B Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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K2 F&B Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of K2 F&B Holdings's Goodwill-to-Asset

For the Restaurants subindustry, K2 F&B 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.


K2 F&B Holdings's Goodwill-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, K2 F&B Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where K2 F&B Holdings's Goodwill-to-Asset falls into.



K2 F&B 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.

K2 F&B Holdings'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
=0/1161.585
=0.00

K2 F&B Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/1161.585
=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.


K2 F&B Holdings  (HKSE:02108) 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.


K2 F&B Holdings Goodwill-to-Asset Related Terms

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K2 F&B Holdings (HKSE:02108) Business Description

Traded in Other Exchanges
N/A
Address
51 Ubi Avenue 1, No. 02-17/18 Paya Ubi, Industrial Park, Singapore, SGP, 408933
K2 F&B Holdings Ltd is an investment holding company. The company is engaged in leasing, outlet and stall management. The two operating business segments are Rental and Outlet management, and Food and beverage stalls. The Outlet management operations are involved in the leasing of food establishment premises to tenants and the provision of management, cleaning, and utilities services to tenants. The Food and beverage stalls are involved in retailing of beverage, tobacco products, and cooked food directly to consumers through the stalls such as mixed vegetable rice, zi char, roasted meat, and chicken rice. It derives majority of revenue from Food and beverage stalls.

K2 F&B Holdings (HKSE:02108) Headlines

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