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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Goodwill-to-Asset : 0.00 (As of Jun. 2023)


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What is Mizrahi Tefahot Bank Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Mizrahi Tefahot Bank's Goodwill for the quarter that ended in Jun. 2023 was $0 Mil. Mizrahi Tefahot Bank's Total Assets for the quarter that ended in Jun. 2023 was $117,189 Mil. Therefore, Mizrahi Tefahot Bank's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 was 0.00.


Mizrahi Tefahot Bank Goodwill-to-Asset Historical Data

The historical data trend for Mizrahi Tefahot Bank'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.

Mizrahi Tefahot Bank Goodwill-to-Asset Chart

Mizrahi Tefahot Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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Competitive Comparison of Mizrahi Tefahot Bank's Goodwill-to-Asset

For the Banks - Regional subindustry, Mizrahi Tefahot Bank'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.


Mizrahi Tefahot Bank's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizrahi Tefahot Bank's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Mizrahi Tefahot Bank's Goodwill-to-Asset falls into.



Mizrahi Tefahot Bank 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.

Mizrahi Tefahot Bank'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
=0/121381.407
=0.00

Mizrahi Tefahot Bank's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill to Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=0/117188.613
=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.


Mizrahi Tefahot Bank  (OTCPK:MZTFF) 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.


Mizrahi Tefahot Bank Goodwill-to-Asset Related Terms

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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Headlines

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