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M & G Highome Investment Trust (LSE:MGHC) Goodwill-to-Asset : 0.00 (As of Nov. 2016)


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What is M & G Highome Investment Trust Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. M & G Highome Investment Trust's Goodwill for the quarter that ended in Nov. 2016 was £0.00 Mil. M & G Highome Investment Trust's Total Assets for the quarter that ended in Nov. 2016 was £429.61 Mil. Therefore, M & G Highome Investment Trust's Goodwill to Asset Ratio for the quarter that ended in Nov. 2016 was 0.00.


M & G Highome Investment Trust Goodwill-to-Asset Historical Data

The historical data trend for M & G Highome Investment 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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M & G Highome Investment Trust Goodwill-to-Asset Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Goodwill-to-Asset
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M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
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Competitive Comparison of M & G Highome Investment Trust's Goodwill-to-Asset

For the Asset Management subindustry, M & G Highome Investment 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.


M & G Highome Investment Trust's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M & G Highome Investment Trust's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where M & G Highome Investment Trust's Goodwill-to-Asset falls into.



M & G Highome Investment 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.

M & G Highome Investment Trust's Goodwill to Asset Ratio for the fiscal year that ended in May. 2016 is calculated as

Goodwill to Asset (A: May. 2016 )=Goodwill/Total Assets
=0/421.587
=0.00

M & G Highome Investment Trust's Goodwill to Asset Ratio for the quarter that ended in Nov. 2016 is calculated as

Goodwill to Asset (Q: Nov. 2016 )=Goodwill/Total Assets
=0/429.607
=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.


M & G Highome Investment Trust  (LSE:MGHC) 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.


M & G Highome Investment Trust Goodwill-to-Asset Related Terms

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M & G Highome Investment Trust (LSE:MGHC) Business Description

Traded in Other Exchanges
N/A
Address
M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.

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