Adventure SpA (MIL:ADV) Goodwill-to-Asset: 0.04 (As of Dec. 2025)

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MIL:ADV Adventure SpA MIL:ADV
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What is Adventure SpA Goodwill-to-Asset?

Adventure SpA MIL:ADV +4.71% 15 Goodwill-to-Asset is 0.04 as of Dec. 2025. GuruFocus rates MIL:ADV with a GF Score™ of 15/100. The stock has 5 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Adventure SpA's Goodwill for the quarter that ended in Dec. 2025 was €0.91 Mil. Adventure SpA's Total Assets for the quarter that ended in Dec. 2025 was €24.57 Mil. Therefore, Adventure SpA's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 was 0.04.


Adventure SpA  (MIL:ADV) 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.


Adventure SpA Goodwill-to-Asset Related Terms


Adventure SpA Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Adventure 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.

Adventure SpA Goodwill-to-Asset Chart

Adventure SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
0.00 0.00 0.00 0.04

Adventure SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Goodwill-to-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.04 0.04

MIL:ADV vs QH, SHOP, UBER: Goodwill-to-Asset Comparison

For the Software - Application subindustry, Adventure 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.


Adventure SpA Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Adventure SpA's Goodwill-to-Asset distribution charts can be found below:

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


MIL:ADV
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Adventure 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.

Adventure SpA's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0.914/24.57
=0.04

Adventure SpA's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill to Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=0.914/24.57
=0.04

* 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 0.04 mean?
Adventure SpA (MIL:ADV) has a Goodwill-to-Asset of 0.04 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Adventure SpA and its competitors.
Is Adventure SpA's Goodwill-to-Asset too high?
Adventure SpA's current Goodwill-to-Asset is 0.04. Overall, Adventure SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Adventure SpA's Goodwill-to-Asset compare to QH and SHOP?
Adventure SpA's Goodwill-to-Asset of 0.04 can be compared against companies in the Software 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 Software company?
A good Goodwill-to-Asset depends on the Software 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 Adventure SpA and its competitors. Adventure SpA's current Goodwill-to-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure SpA stock overvalued right now?
Adventure SpA (MIL:ADV) has a current Goodwill-to-Asset of 0.04. The current Goodwill-to-Asset is 0.04. Adventure SpA's overall GF Score™ is 15/100 with 5 warning signs to review. 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 Adventure SpA (MIL:ADV), the current Goodwill-to-Asset is 0.04 as of Dec. 2025. 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.

Adventure SpA Business Description

Address Via Bertola 2, Torino, ITA, IT-10121
Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.
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