PT Ever Shine Tex Tbk (ISX:ESTI) Goodwill-to-Asset: 0.00 (As of . 20)

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What is PT Ever Shine Tex Tbk Goodwill-to-Asset?

PT Ever Shine Tex Tbk ISX:ESTI Goodwill-to-Asset is 0.00 as of . 20.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. PT Ever Shine Tex Tbk's Goodwill for the quarter that ended in . 20 was Rp0.00 Mil. PT Ever Shine Tex Tbk's Total Assets for the quarter that ended in . 20 was Rp0.00 Mil.


PT Ever Shine Tex Tbk  (ISX:ESTI) 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.


PT Ever Shine Tex Tbk Goodwill-to-Asset Related Terms


PT Ever Shine Tex Tbk Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for PT Ever Shine Tex Tbk'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.

PT Ever Shine Tex Tbk Goodwill-to-Asset Chart

PT Ever Shine Tex Tbk Annual Data
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PT Ever Shine Tex Tbk Quarterly Data
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PT Ever Shine Tex Tbk Goodwill-to-Asset Competitor Comparison

For the Textile Manufacturing subindustry, PT Ever Shine Tex Tbk'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.


PT Ever Shine Tex Tbk Goodwill-to-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Ever Shine Tex Tbk's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Ever Shine Tex Tbk's Goodwill-to-Asset falls into.



PT Ever Shine Tex Tbk 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.

PT Ever Shine Tex Tbk's Goodwill to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill to Asset (A: . 20 )=Goodwill/Total Assets
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PT Ever Shine Tex Tbk's Goodwill to Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill to Asset (Q: . 20 )=Goodwill/Total Assets
=/
=

* 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?
PT Ever Shine Tex Tbk (ISX:ESTI) has a Goodwill-to-Asset of 0.00 as of . 20. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on PT Ever Shine Tex Tbk and its competitors.
Is PT Ever Shine Tex Tbk's Goodwill-to-Asset too high?
PT Ever Shine Tex Tbk's current Goodwill-to-Asset is 0.00.
How does PT Ever Shine Tex Tbk's Goodwill-to-Asset compare to competitors?
PT Ever Shine Tex Tbk's Goodwill-to-Asset of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Goodwill-to-Asset depends on the Manufacturing - Apparel & Accessories 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 PT Ever Shine Tex Tbk and its competitors. PT Ever Shine Tex Tbk'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 PT Ever Shine Tex Tbk stock overvalued right now?
PT Ever Shine Tex Tbk (ISX:ESTI) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 PT Ever Shine Tex Tbk (ISX:ESTI), the current Goodwill-to-Asset is 0.00 as of . 20. 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.

PT Ever Shine Tex Tbk Business Description

Address Jalan KH. Fachruddin No. 16, Kel. Kampung Bali, Kec, Tanah Abang, Jakarta Pusat, Jakarta, IDN, 10250
PT Ever Shine Tex Tbk is an Indonesia-based textile manufacturing company involved in the yarn and fabric business. The product offered by the group under yarn includes nylon filament yarn, nylon air textured yarn, air textured yarn, nylon doped dyed yarn, and nylon blended yarn, whereas the fabrics such as nylon woven fabric, microfilament fabric, decoration fabric, and industrial fabric these fabrics are used for Jackets, Sports Wear, Children Wear, Outerwear, Wedding Wear, Ribbon, Home Furnishing, Decorations, Bags, Automotive, and many more. Geographically, activities are carried out in Indonesia, and it derives revenue from the sale of products.