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KAL Group (JSE:KAL) Goodwill-to-Asset : 0.16 (As of Mar. 2024)


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What is KAL Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. KAL Group's Goodwill for the quarter that ended in Mar. 2024 was R1,345 Mil. KAL Group's Total Assets for the quarter that ended in Mar. 2024 was R8,371 Mil. Therefore, KAL Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.16.


KAL Group Goodwill-to-Asset Historical Data

The historical data trend for KAL Group'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.

KAL Group Goodwill-to-Asset Chart

KAL Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.09 0.09 0.17 0.16

KAL Group Semi-Annual Data
Sep14 Sep15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.07 0.17 0.18 0.16 0.16

Competitive Comparison of KAL Group's Goodwill-to-Asset

For the Specialty Retail subindustry, KAL Group'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.


KAL Group's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, KAL Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where KAL Group's Goodwill-to-Asset falls into.



KAL Group 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.

KAL Group's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Goodwill to Asset (A: Sep. 2023 )=Goodwill/Total Assets
=1344.75/8289.718
=0.16

KAL Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=1344.75/8371.164
=0.16

* 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.


KAL Group  (JSE:KAL) 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.


KAL Group Goodwill-to-Asset Related Terms

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KAL Group Business Description

Traded in Other Exchanges
N/A
Address
1 Westhoven Street, Cape Winelands, Paarl, WC, ZAF, 7646
Kaap Agri Ltd engages in the retail and trading of agricultural, and fuel, and related products. Its segments include the Agrimark segment which derives the majority of its revenue provides a range of production inputs, mechanization equipment and services, and other goods to agricultural producers as well as the public, The Retail Fuel and Convenience provides a full retail fuel offering to a diverse range of customers, including a convenience store and quick service restaurant outlets; Agrimark Grain segment includes the sale of grain products and provides a complete range of services including storage and handling of grain products and the Manufacturing segment manufactures and sells dripper pipe, other irrigation equipment, food-grade plastic bulk bins for the agricultural market.

KAL Group Headlines

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