Credito RealB de CV Sofom ER (MEX:CREAL) Goodwill-to-Asset: 0.00 (As of Sep. 2021)

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MEX:CREAL Credito Real SAB de CV Sofom ER MEX:CREAL
8 GF Score
Price MXN0.35
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What is Credito RealB de CV Sofom ER Goodwill-to-Asset?

Credito RealB de CV Sofom ER MEX:CREAL 8 Goodwill-to-Asset is 0.00 as of Sep. 2021. GuruFocus rates MEX:CREAL with a GF Score™ of 8/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Credito RealB de CV Sofom ER's Goodwill for the quarter that ended in Sep. 2021 was MXN0 Mil. Credito RealB de CV Sofom ER's Total Assets for the quarter that ended in Sep. 2021 was MXN77,066 Mil. Therefore, Credito RealB de CV Sofom ER's Goodwill to Asset Ratio for the quarter that ended in Sep. 2021 was 0.00.


Credito RealB de CV Sofom ER  (MEX:CREAL) 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.


Credito RealB de CV Sofom ER Goodwill-to-Asset Related Terms


Credito RealB de CV Sofom ER Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Credito RealB de CV Sofom ER'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.

Credito RealB de CV Sofom ER Goodwill-to-Asset Chart

Credito RealB de CV Sofom ER Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.03 0.02

Credito RealB de CV Sofom ER Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.00 0.02 0.00 0.00 0.00

MEX:CREAL vs V, MA, AXP: Goodwill-to-Asset Comparison

For the Credit Services subindustry, Credito RealB de CV Sofom ER'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.


Credito RealB de CV Sofom ER Goodwill-to-Asset vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Credito RealB de CV Sofom ER's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Credito RealB de CV Sofom ER's Goodwill-to-Asset falls into.


MEX:CREAL
8GF Score
Credito Real SAB de CV Sofom ER MEX:CREAL
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Credito RealB de CV Sofom ER 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.

Credito RealB de CV Sofom ER's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill to Asset (A: Dec. 2020 )=Goodwill/Total Assets
=1595.724/70316.87
=0.02

Credito RealB de CV Sofom ER's Goodwill to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Goodwill to Asset (Q: Sep. 2021 )=Goodwill/Total Assets
=0/77065.6
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Credito RealB de CV Sofom ER (MEX:CREAL) has a Goodwill-to-Asset of 0.00 as of Sep. 2021. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Credito RealB de CV Sofom ER and its competitors.
Is Credito RealB de CV Sofom ER's Goodwill-to-Asset too high?
Credito RealB de CV Sofom ER's current Goodwill-to-Asset is 0.00. Overall, Credito RealB de CV Sofom ER has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Credito RealB de CV Sofom ER's Goodwill-to-Asset compare to V and MA?
Credito RealB de CV Sofom ER's Goodwill-to-Asset of 0.00 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Credit Services company?
A good Goodwill-to-Asset depends on the Credit Services industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Credito RealB de CV Sofom ER and its competitors. Credito RealB de CV Sofom ER's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credito RealB de CV Sofom ER stock overvalued right now?
Credito RealB de CV Sofom ER (MEX:CREAL) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Credito RealB de CV Sofom ER's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Credito RealB de CV Sofom ER (MEX:CREAL), the current Goodwill-to-Asset is 0.00 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Credito RealB de CV Sofom ER Business Description

Address Avenida Insurgentes Sur No. 730, 20th Floor, Colonia Del Valle Norte, Del Benito Juarez, Mexico, MEX, MEX, 03103
Credito Real SAB de CV Sofom ER is a nonbanking financial institution in Mexico that focuses on consumer lending to low-income and middle-income customers. The company mainly makes payroll loans, durable goods loans, small business loans, group loans, and used-car loans.
8GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN0.35
Price