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Finsbury Growth &ome Trust (LSE:FGT) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


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What is Finsbury Growth &ome Trust Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Finsbury Growth &ome Trust's Goodwill for the quarter that ended in Sep. 2023 was £0.0 Mil. Finsbury Growth &ome Trust's Total Assets for the quarter that ended in Sep. 2023 was £1,864.3 Mil. Therefore, Finsbury Growth &ome Trust's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.00.


Finsbury Growth &ome Trust Goodwill-to-Asset Historical Data

The historical data trend for Finsbury Growth &ome Trust'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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Finsbury Growth &ome Trust Goodwill-to-Asset Chart

Finsbury Growth &ome Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Goodwill-to-Asset
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Finsbury Growth &ome Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Finsbury Growth &ome Trust's Goodwill-to-Asset

For the Asset Management subindustry, Finsbury Growth &ome Trust'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.


Finsbury Growth &ome Trust's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Finsbury Growth &ome Trust's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Finsbury Growth &ome Trust's Goodwill-to-Asset falls into.



Finsbury Growth &ome Trust 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.

Finsbury Growth &ome Trust'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
=0/1864.295
=0.00

Finsbury Growth &ome Trust's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/1864.295
=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.


Finsbury Growth &ome Trust  (LSE:FGT) 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.


Finsbury Growth &ome Trust Goodwill-to-Asset Related Terms

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Finsbury Growth &ome Trust (LSE:FGT) Business Description

Traded in Other Exchanges
Address
50 Lothian Road, Festival Square, Edinburgh, GBR, EH3 9WJ
Finsbury Growth & Income Trust PLC is an alternative investment fund achieving capital and income growth and providing shareholders with a total return in excess of that of the FTSE All-Share Index. Geographically, the company operates within the United Kingdom, The United States of America, France and the Netherlands and generates a majority of its revenue from the United Kingdom.

Finsbury Growth &ome Trust (LSE:FGT) Headlines

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