Clabo SpA (MIL:CLABO) Goodwill-to-Asset: 0.02 (As of Jun. 2024)

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MIL:CLABO Clabo SpA MIL:CLABO
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What is Clabo SpA Goodwill-to-Asset?

Clabo SpA MIL:CLABO 4 Goodwill-to-Asset is 0.02 as of Jun. 2024. GuruFocus rates MIL:CLABO with a GF Score™ of 4/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Clabo SpA's Goodwill for the quarter that ended in Jun. 2024 was €2.01 Mil. Clabo SpA's Total Assets for the quarter that ended in Jun. 2024 was €91.72 Mil. Therefore, Clabo SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.02.


Clabo SpA  (MIL:CLABO) 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.


Clabo SpA Goodwill-to-Asset Related Terms


Clabo SpA Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Clabo 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.

Clabo SpA Goodwill-to-Asset Chart

Clabo SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.02 0.02 0.00

Clabo SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.02 0.02 0.02 0.02 0.00

MIL:CLABO vs GEV, ETN, PH: Goodwill-to-Asset Comparison

For the Specialty Industrial Machinery subindustry, Clabo 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.


Clabo SpA Goodwill-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Clabo SpA's Goodwill-to-Asset distribution charts can be found below:

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


MIL:CLABO
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Clabo 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.

Clabo SpA's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=2.008/89.186
=0.02

Clabo SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=2.012/91.721
=0.02

* 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 0.02 mean?
Clabo SpA (MIL:CLABO) has a Goodwill-to-Asset of 0.02 as of Jun. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Clabo SpA and its competitors.
Is Clabo SpA's Goodwill-to-Asset too high?
Clabo SpA's current Goodwill-to-Asset is 0.02. Overall, Clabo SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Clabo SpA's Goodwill-to-Asset compare to GEV and ETN?
Clabo SpA's Goodwill-to-Asset of 0.02 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Goodwill-to-Asset depends on the Industrial Products 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 Clabo SpA and its competitors. Clabo SpA's current Goodwill-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clabo SpA stock overvalued right now?
Clabo SpA (MIL:CLABO) has a current Goodwill-to-Asset of 0.02. The current Goodwill-to-Asset is 0.02. Clabo SpA's overall GF Score™ is 4/100. 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 Clabo SpA (MIL:CLABO), the current Goodwill-to-Asset is 0.02 as of Jun. 2024. 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.

Clabo SpA Business Description

Address Viale dell’Industria 15, Jesi, Ancona, ITA, 60035
Clabo SpA is an Italian company engaged in the design, manufacturing, and marketing of professional showcases for ice cream, pastry, and bakery products. In addition, it provides furniture for restaurants, bars, and coffee shops. The products of the company are sold under various brands such as Orion, Arctic, EasyBet, Howard McCray, and Bocchini Arredamenti.
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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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