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Liberty Kenya Holdings (NAI:LBTY) Goodwill-to-Asset : 0.03 (As of Dec. 2023)


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What is Liberty Kenya Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Liberty Kenya Holdings's Goodwill for the quarter that ended in Dec. 2023 was KES1,255 Mil. Liberty Kenya Holdings's Total Assets for the quarter that ended in Dec. 2023 was KES43,761 Mil. Therefore, Liberty Kenya Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.03.


Liberty Kenya Holdings Goodwill-to-Asset Historical Data

The historical data trend for Liberty Kenya Holdings'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.

Liberty Kenya Holdings Goodwill-to-Asset Chart

Liberty Kenya Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 - 0.03 0.03

Liberty Kenya Holdings Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 - 0.03 0.03

Competitive Comparison of Liberty Kenya Holdings's Goodwill-to-Asset

For the Insurance - Diversified subindustry, Liberty Kenya Holdings'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.


Liberty Kenya Holdings's Goodwill-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Liberty Kenya Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Liberty Kenya Holdings's Goodwill-to-Asset falls into.


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Liberty Kenya Holdings 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.

Liberty Kenya Holdings'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
=1254.995/43761.245
=0.03

Liberty Kenya Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=1254.995/43761.245
=0.03

* 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.


Liberty Kenya Holdings  (NAI:LBTY) 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.


Liberty Kenya Holdings Goodwill-to-Asset Related Terms

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Liberty Kenya Holdings Business Description

Traded in Other Exchanges
N/A
Address
Liberty House, Processional Way, P. O. Box 30364, Nairobi, KEN, 00100
Liberty Kenya Holdings Ltd is an insurance company. It offers long-term insurance products and services to individual and corporate markets. Its products include life insurance, health insurance, and short-term insurance. Its insurance contracts are categorized as long-term and general insurance businesses depending on the duration of risk. The group is organized into segments as follows: Long-term business; General businesses and Holding company.

Liberty Kenya Holdings Headlines

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