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Kore Potash (LSE:KP2) Goodwill-to-Asset : 0.00 (As of Jun. 2023)


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What is Kore Potash Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Kore Potash's Goodwill for the quarter that ended in Jun. 2023 was £0.00 Mil. Kore Potash's Total Assets for the quarter that ended in Jun. 2023 was £134.89 Mil.


Kore Potash Goodwill-to-Asset Historical Data

The historical data trend for Kore Potash'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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Kore Potash Goodwill-to-Asset Chart

Kore Potash Annual Data
Trend Dec14 Dec15 Dec16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Kore Potash Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Kore Potash's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Kore Potash'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.


Kore Potash's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kore Potash's Goodwill-to-Asset distribution charts can be found below:

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



Kore Potash 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.

Kore Potash's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/138.256
=

Kore Potash's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill to Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=0/134.886
=

* 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.


Kore Potash  (LSE:KP2) 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.


Kore Potash Goodwill-to-Asset Related Terms

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Kore Potash (LSE:KP2) Business Description

Traded in Other Exchanges
Address
45 Gresham Street, London, GBR, EC2V 7BG
Kore Potash PLC is an exploration and development company operating in a single segment which is mineral exploration in Central Africa. The primary asset of the company is the Sintoukola Potash SA (SPSA) project in the Republic of Congo. This project comprises the Kola sylvinite and carnallite deposits, the Dougou Extension sylvinite deposit, and the Dougou carnallite deposit.

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