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ITGMF (Augwind Energy Tech Storage) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is Augwind Energy Tech Storage Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Augwind Energy Tech Storage's Goodwill for the quarter that ended in Jun. 2024 was $0.00 Mil. Augwind Energy Tech Storage's Total Assets for the quarter that ended in Jun. 2024 was $18.58 Mil. Therefore, Augwind Energy Tech Storage's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


Augwind Energy Tech Storage Goodwill-to-Asset Historical Data

The historical data trend for Augwind Energy Tech Storage'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.

Augwind Energy Tech Storage Goodwill-to-Asset Chart

Augwind Energy Tech Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Augwind Energy Tech Storage Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Augwind Energy Tech Storage's Goodwill-to-Asset

For the Specialty Industrial Machinery subindustry, Augwind Energy Tech Storage'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.


Augwind Energy Tech Storage's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Augwind Energy Tech Storage's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Augwind Energy Tech Storage's Goodwill-to-Asset falls into.



Augwind Energy Tech Storage 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.

Augwind Energy Tech Storage'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
=0/20.999
=0.00

Augwind Energy Tech Storage'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
=0/18.576
=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.


Augwind Energy Tech Storage  (OTCPK:ITGMF) 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.


Augwind Energy Tech Storage Goodwill-to-Asset Related Terms

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Augwind Energy Tech Storage Business Description

Traded in Other Exchanges
Address
8 Pinhas Sapir Street, Rehovot Science Park, 3rd floor, Ness Ziona, ISR, 7414003
Augwind Energy Tech Storage Ltd is an Israel based technology company. It is engaged in installing and maintaining operational compressed air storage units throughout Israel. The company offers its products to the electricity sector, solar farms, industrial plants, and wind farms.