Oman Ceramics CoOG (MUS:OMCI) Goodwill-to-Asset: 0.00 (As of Jun. 2021)

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What is Oman Ceramics CoOG Goodwill-to-Asset?

Oman Ceramics CoOG MUS:OMCI Goodwill-to-Asset is 0.00 as of Jun. 2021.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Oman Ceramics CoOG's Goodwill for the quarter that ended in Jun. 2021 was ر.ع0.00 Mil. Oman Ceramics CoOG's Total Assets for the quarter that ended in Jun. 2021 was ر.ع2.43 Mil. Therefore, Oman Ceramics CoOG's Goodwill to Asset Ratio for the quarter that ended in Jun. 2021 was 0.00.


Oman Ceramics CoOG  (MUS:OMCI) 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.


Oman Ceramics CoOG Goodwill-to-Asset Related Terms


Oman Ceramics CoOG Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Oman Ceramics CoOG'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.

Oman Ceramics CoOG Goodwill-to-Asset Chart

Oman Ceramics CoOG 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 0.00 0.00 0.00 0.00 0.00

Oman Ceramics CoOG Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.00 0.00 0.00 0.00

Oman Ceramics CoOG Goodwill-to-Asset Competitor Comparison

For the Building Products & Equipment subindustry, Oman Ceramics CoOG'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.


Oman Ceramics CoOG Goodwill-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Oman Ceramics CoOG's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Oman Ceramics CoOG's Goodwill-to-Asset falls into.



Oman Ceramics CoOG 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.

Oman Ceramics CoOG'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
=0/2.77207
=0.00

Oman Ceramics CoOG's Goodwill to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Goodwill to Asset (Q: Jun. 2021 )=Goodwill/Total Assets
=0/2.425846
=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?
Oman Ceramics CoOG (MUS:OMCI) has a Goodwill-to-Asset of 0.00 as of Jun. 2021. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Oman Ceramics CoOG and its competitors.
Is Oman Ceramics CoOG's Goodwill-to-Asset too high?
Oman Ceramics CoOG's current Goodwill-to-Asset is 0.00.
How does Oman Ceramics CoOG's Goodwill-to-Asset compare to competitors?
Oman Ceramics CoOG's Goodwill-to-Asset of 0.00 can be compared against companies in the Construction 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 Construction company?
A good Goodwill-to-Asset depends on the Construction 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 Oman Ceramics CoOG and its competitors. Oman Ceramics CoOG'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 Oman Ceramics CoOG stock overvalued right now?
Oman Ceramics CoOG (MUS:OMCI) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 Oman Ceramics CoOG (MUS:OMCI), the current Goodwill-to-Asset is 0.00 as of Jun. 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.

Oman Ceramics CoOG Business Description

Address Road No .9, Sohar Industrial Estate, P.O.Box 46, Sohar, OMN, 327
Oman Ceramics Co SAOG is principally engaged in manufacturing and selling of various types of ceramic sanitary wares. The product line of the company includes water closet, wash basin, bidet, accessories, urinals, shower tray, seat covers, flushing machine, mixers, showers, shattaf, and angle valve and others. The company markets its products in various countries such as UK, USA, UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Jordan, Syria, India, Yemen and South Africa. Oman Ceramics operates through the single segment being the Manufacture of ceramic sanitary wares and related products.