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African And Overseas Enterprises (JSE:AON) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is African And Overseas Enterprises Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. African And Overseas Enterprises's Goodwill for the quarter that ended in Jun. 2024 was R0.0 Mil. African And Overseas Enterprises's Total Assets for the quarter that ended in Jun. 2024 was R1,135.0 Mil. Therefore, African And Overseas Enterprises's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


African And Overseas Enterprises Goodwill-to-Asset Historical Data

The historical data trend for African And Overseas Enterprises'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.

African And Overseas Enterprises Goodwill-to-Asset Chart

African And Overseas Enterprises Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 - -

African And Overseas Enterprises Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 - - - -

Competitive Comparison of African And Overseas Enterprises's Goodwill-to-Asset

For the Apparel Retail subindustry, African And Overseas Enterprises'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.


African And Overseas Enterprises's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, African And Overseas Enterprises's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where African And Overseas Enterprises's Goodwill-to-Asset falls into.



African And Overseas Enterprises 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.

African And Overseas Enterprises'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
=0/1135.01
=0.00

African And Overseas Enterprises'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
=0/1135.01
=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.


African And Overseas Enterprises  (JSE:AON) 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.


African And Overseas Enterprises Goodwill-to-Asset Related Terms

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African And Overseas Enterprises Business Description

Traded in Other Exchanges
Address
263 Victoria Road, Rex Trueform Office Park, Salt River, Cape Town, WC, ZAF, 7925
African And Overseas Enterprises Ltd is an investment holding company. The company operates in five segments: Retail division comprises the retailing of fashion apparel through Queenspark stores in South Africa. Property division comprises of the group's property portfolio based in Cape Town which includes both investment and owner-occupied properties.; Water infrastructure segment comprises an indirect investment made in a private water and wastewater utility group operating in the South African provinces of Mpumalanga and KwaZulu-Natal, Media and broadcasting comprises the provision of media and satellite equipment and services through Telemedia, and the Group Services division manages the corporate responsibility and includes corporate costs. The Retail Segment derives maximum revenue.