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Mexico Equity andome Fund (Mexico Equity andome Fund) Goodwill-to-Asset : 0.00 (As of Jan. 2024)


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What is Mexico Equity andome Fund Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Mexico Equity andome Fund's Goodwill for the quarter that ended in Jan. 2024 was $0.00 Mil. Mexico Equity andome Fund's Total Assets for the quarter that ended in Jan. 2024 was $67.49 Mil. Therefore, Mexico Equity andome Fund's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 was 0.00.


Mexico Equity andome Fund Goodwill-to-Asset Historical Data

The historical data trend for Mexico Equity andome Fund'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.

Mexico Equity andome Fund Goodwill-to-Asset Chart

Mexico Equity andome Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Goodwill-to-Asset
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Mexico Equity andome Fund Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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Competitive Comparison of Mexico Equity andome Fund's Goodwill-to-Asset

For the Asset Management subindustry, Mexico Equity andome Fund'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.


Mexico Equity andome Fund's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Mexico Equity andome Fund's Goodwill-to-Asset falls into.



Mexico Equity andome Fund 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.

Mexico Equity andome Fund's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Goodwill to Asset (A: Jul. 2023 )=Goodwill/Total Assets
=0/67.736
=0.00

Mexico Equity andome Fund's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Goodwill to Asset (Q: Jan. 2024 )=Goodwill/Total Assets
=0/67.486
=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.


Mexico Equity andome Fund  (OTCPK:MXEIP.PFD) 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.


Mexico Equity andome Fund Goodwill-to-Asset Related Terms

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Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Traded in Other Exchanges
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

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