What is Nuveen Multi-Assetome Fund Goodwill-to-Asset?
Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Nuveen Multi-Assetome Fund's Goodwill for the quarter that ended in Dec. 2023 was $0.00 Mil. Nuveen Multi-Assetome Fund's Total Assets for the quarter that ended in Dec. 2023 was $642.09 Mil.
Therefore, Nuveen Multi-Assetome Fund's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.
Nuveen Multi-Assetome Fund Goodwill-to-Asset Historical Data
* 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.
Nuveen Multi-Assetome Fund Goodwill-to-Asset Chart
Nuveen Multi-Assetome Fund Annual Data
Trend
Dec21
Dec22
Dec23
Goodwill-to-Asset
-
-
-
Nuveen Multi-Assetome Fund Semi-Annual Data
Jun22
Dec22
Jun23
Dec23
Goodwill-to-Asset
-
-
-
-
Competitive Comparison of Nuveen Multi-Assetome Fund's Goodwill-to-Asset
For the Asset Management subindustry, Nuveen Multi-Assetome 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.
Nuveen Multi-Assetome Fund's Goodwill-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Multi-Assetome Fund's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Nuveen Multi-Assetome Fund's Goodwill-to-Asset falls into.
Nuveen Multi-Assetome 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.
Nuveen Multi-Assetome Fund's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Nuveen Multi-Assetome Fund (NYSE:NMAI) 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.
Nuveen Multi-Assetome Fund Goodwill-to-Asset Related Terms
Thank you for viewing the detailed overview of Nuveen Multi-Assetome Fund's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen Multi-Assetome Fund (Nuveen Multi-Assetome Fund) Business Description
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The funds have investment objectives that focus on the pursuit of total return, comprised of income or distributions and capital appreciation.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NMAI has been successfully added to your