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LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is LivingTrust Mortgage Bank Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. LivingTrust Mortgage Bank's Goodwill for the quarter that ended in Mar. 2024 was ₦0 Mil. LivingTrust Mortgage Bank's Total Assets for the quarter that ended in Mar. 2024 was ₦19,512 Mil. Therefore, LivingTrust Mortgage Bank's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


LivingTrust Mortgage Bank Goodwill-to-Asset Historical Data

The historical data trend for LivingTrust Mortgage 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.

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LivingTrust Mortgage Bank Goodwill-to-Asset Chart

LivingTrust Mortgage Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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LivingTrust Mortgage Bank Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of LivingTrust Mortgage Bank's Goodwill-to-Asset

For the Mortgage Finance subindustry, LivingTrust Mortgage 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.


LivingTrust Mortgage Bank's Goodwill-to-Asset Distribution in the Banks Industry

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

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



LivingTrust Mortgage 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.

LivingTrust Mortgage 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
=0/17796.159
=0.00

LivingTrust Mortgage Bank's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=0/19511.948
=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.


LivingTrust Mortgage Bank  (NSA:LIVINGTRUST) 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.


LivingTrust Mortgage Bank Goodwill-to-Asset Related Terms

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LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Business Description

Traded in Other Exchanges
N/A
Address
Gbongan Road, Km 2, Osun State, Osogbo, NGA, 4488
LivingTrust Mortgage Bank PLC is a primary mortgage institution that is regulated by the Other Financial Institutions Department of the Central Bank of Nigeria. The company provides Mortgage Financing, Real Estate Construction Financing and General Financial Services. The Bank's operations are in Osun State only and operates in just one geographical segment. The Bank is also engaged in one line of business which is Mortgage Banking, all its results are mortgage related.

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