Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. RBG Holdings's Goodwill for the quarter that ended in Dec. 2023 was £36.09 Mil. RBG Holdings's Total Assets for the quarter that ended in Dec. 2023 was £79.88 Mil.
Therefore, RBG Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.
RBG Holdings Goodwill-to-Asset Historical Data
The historical data trend for RBG Holdings'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.
Competitive Comparison of RBG Holdings's Goodwill-to-Asset
For the Specialty Business Services subindustry, RBG Holdings'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.
RBG Holdings's Goodwill-to-Asset Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, RBG Holdings's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where RBG Holdings's Goodwill-to-Asset falls into.
RBG Holdings 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.
RBG Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
RBG Holdings Goodwill-to-Asset Related Terms
Thank you for viewing the detailed overview of RBG Holdings's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
RBG Holdings PLC is a diversified, professional services group with a litigation finance business leveraging the Group's legal expertise. The combination of Memery Crystal along with the law firm Rosenblatt provides quality advice to entrepreneurs and high net worth individuals. It also provides litigation finance in selected cases through a separate arm, LionFish Litigation Finance Ltd. It also owns Convex Capital Ltd, a sell-side corporate finance boutique. Convex is entirely focused on helping companies, particularly owner-managed and entrepreneurial businesses, realise their value through sales to large corporates.
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