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Luxottica Group SpA (Luxottica Group SpA) Goodwill-to-Asset : 0.36 (As of Jun. 2018)


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What is Luxottica Group SpA Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Luxottica Group SpA's Goodwill for the quarter that ended in Jun. 2018 was $4,276 Mil. Luxottica Group SpA's Total Assets for the quarter that ended in Jun. 2018 was $11,959 Mil. Therefore, Luxottica Group SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2018 was 0.36.


Luxottica Group SpA Goodwill-to-Asset Historical Data

The historical data trend for Luxottica Group SpA'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.

* Premium members only.

Luxottica Group SpA Goodwill-to-Asset Chart

Luxottica Group SpA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.35 0.37 0.38 0.36

Luxottica Group SpA Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.38 0.37 0.36 0.36

Competitive Comparison of Luxottica Group SpA's Goodwill-to-Asset

For the Apparel Retail subindustry, Luxottica Group SpA'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.


Luxottica Group SpA's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Luxottica Group SpA's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Luxottica Group SpA's Goodwill-to-Asset falls into.



Luxottica Group SpA 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.

Luxottica Group SpA's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Goodwill to Asset (A: Dec. 2017 )=Goodwill/Total Assets
=4286.864/11885.053
=0.36

Luxottica Group SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Goodwill to Asset (Q: Jun. 2018 )=Goodwill/Total Assets
=4275.853/11959.138
=0.36

* 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.


Luxottica Group SpA  (OTCPK:LUXTY) 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.


Luxottica Group SpA Goodwill-to-Asset Related Terms

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Luxottica Group SpA (Luxottica Group SpA) Business Description

Traded in Other Exchanges
N/A
Address
Piazzale L. Cadorna, 3, Milan, ITA, 20123
Luxottica designs, manufactures, and distributes high-quality prescription eyewear, frames and sunglasses. The company markets owned brands, including Ray-Ban, Oakley, Revo, and Arnette, as well as licensed brands, including Coach, Prada, Kors, and Polo Ralph Lauren. Luxottica is North America's largest eyewear retailer, with over 4,600 stores, through its Sunglass Hut, LensCrafters, Pearle Vision, Target Optical, and Ilori brands. The company also operates retail chains in Asia, Australia, South America, and Israel, totalling over 7,000 doors.

Luxottica Group SpA (Luxottica Group SpA) Headlines

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