GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kuwait Finance House (KUW:KFH) » Definitions » Goodwill-to-Asset

Kuwait Finance House (KUW:KFH) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Kuwait Finance House Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Kuwait Finance House's Goodwill for the quarter that ended in Mar. 2024 was KWD0 Mil. Kuwait Finance House's Total Assets for the quarter that ended in Mar. 2024 was KWD37,023 Mil. Therefore, Kuwait Finance House's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Kuwait Finance House Goodwill-to-Asset Historical Data

The historical data trend for Kuwait Finance House'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.

Kuwait Finance House Goodwill-to-Asset Chart

Kuwait Finance House Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Kuwait Finance House Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Kuwait Finance House's Goodwill-to-Asset

For the Banks - Diversified subindustry, Kuwait Finance House'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.


Kuwait Finance House's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kuwait Finance House's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Kuwait Finance House's Goodwill-to-Asset falls into.



Kuwait Finance House 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.

Kuwait Finance House'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
=0/38009.94
=0.00

Kuwait Finance House'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
=0/37022.705
=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.


Kuwait Finance House  (KUW:KFH) 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.


Kuwait Finance House Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Kuwait Finance House's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Kuwait Finance House (KUW:KFH) Business Description

Traded in Other Exchanges
Address
Abdullah Al Mubarak Street, P.O. Box 24989, Safat, Murqab, Kuwait City, KWT, 13110
Kuwait Finance House is an Islamic banking institution. It provides a range of banking Sharia-compliant products and services which include real estate, trade finance, investment portfolios, commercial, retail, and corporate banking. The company's segments are Treasury, Investment, Retail & Private Banking, and Corporates Banking. It operates in Kuwait, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, Turkey, Malaysia, and Germany.

Kuwait Finance House (KUW:KFH) Headlines