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Ethernity Networks (LSE:ENET) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Ethernity Networks Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Ethernity Networks's Goodwill for the quarter that ended in Dec. 2023 was £0.00 Mil. Ethernity Networks's Total Assets for the quarter that ended in Dec. 2023 was £7.64 Mil. Therefore, Ethernity Networks's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Ethernity Networks Goodwill-to-Asset Historical Data

The historical data trend for Ethernity Networks'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.

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Ethernity Networks Goodwill-to-Asset Chart

Ethernity Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Ethernity Networks Semi-Annual Data
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Competitive Comparison of Ethernity Networks's Goodwill-to-Asset

For the Software - Application subindustry, Ethernity Networks'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.


Ethernity Networks's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Ethernity Networks's Goodwill-to-Asset distribution charts can be found below:

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



Ethernity Networks 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.

Ethernity Networks'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
=0/7.644
=0.00

Ethernity Networks's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/7.644
=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.


Ethernity Networks  (LSE:ENET) 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.


Ethernity Networks Goodwill-to-Asset Related Terms

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Ethernity Networks (LSE:ENET) Business Description

Traded in Other Exchanges
Address
1 Golan Street, Corner HaNegev, Beit Golan, 3rd Floor, Airport City, ISR, 7019900
Ethernity Networks Ltd develops and markets technology solutions for Carrier Ethernet switching, including broadband access, mobile backhaul, and data centers. The company's only operating segment is the development and delivery of high-end network processing technology. Geographically, it derives a majority of its revenue from the United States and also has a presence in Asia, Europe, and Israel. Its product categories include SoCs, SmartNICs, and Network Appliances.

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