Artedz Fabs (NSE:ARTEDZ) Goodwill-to-Asset: 0.00 (As of Sep. 2018)

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What is Artedz Fabs Goodwill-to-Asset?

Artedz Fabs NSE:ARTEDZ Goodwill-to-Asset is 0.00 as of Sep. 2018.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Artedz Fabs's Goodwill for the quarter that ended in Sep. 2018 was ₹0.0 Mil. Artedz Fabs's Total Assets for the quarter that ended in Sep. 2018 was ₹740.9 Mil.


Artedz Fabs  (NSE:ARTEDZ) 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.


Artedz Fabs Goodwill-to-Asset Related Terms


Artedz Fabs Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Artedz Fabs'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.

Artedz Fabs Goodwill-to-Asset Chart

Artedz Fabs Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Artedz Fabs Quarterly Data
Dec17 Mar18 Sep18
Goodwill-to-Asset 0.00 0.00 0.00

NSE:ARTEDZ vs : Goodwill-to-Asset Comparison

For the Textile Manufacturing subindustry, Artedz Fabs'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.


Artedz Fabs Goodwill-to-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artedz Fabs's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Artedz Fabs's Goodwill-to-Asset falls into.



Artedz Fabs 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.

Artedz Fabs's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2019 is calculated as

Goodwill to Asset (A: Mar. 2019 )=Goodwill/Total Assets
=0/721.761888
=0.00

Artedz Fabs's Goodwill to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Goodwill to Asset (Q: Sep. 2018 )=Goodwill/Total Assets
=0/740.86
=

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Artedz Fabs (NSE:ARTEDZ) has a Goodwill-to-Asset of 0.00 as of Sep. 2018. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Artedz Fabs and its competitors.
Is Artedz Fabs' Goodwill-to-Asset too high?
Artedz Fabs' current Goodwill-to-Asset is 0.00.
How does Artedz Fabs' Goodwill-to-Asset compare to ?
Artedz Fabs' Goodwill-to-Asset of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Manufacturing - Apparel & Accessories company?
A good Goodwill-to-Asset depends on the Manufacturing - Apparel & Accessories industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Artedz Fabs and its competitors. Artedz Fabs's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artedz Fabs stock overvalued right now?
Artedz Fabs (NSE:ARTEDZ) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Artedz Fabs (NSE:ARTEDZ), the current Goodwill-to-Asset is 0.00 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Artedz Fabs Business Description

Comparable Companies
Address Off Aarey Road, 206, Gambhir Industrial Estate, Opposite Paramount Print, Hanuman Tekdi, Mumbai, MH, IND, 400063
Artedz Fabs Ltd is a leading manufacturer of cotton yarn dyed fabrics in India. The portfolio encompasses manufacturing of premium quality apparel fabrics for men's clothing by producing various fabric blends and selling directly to manufacturers, retailers and global brands. Besides the regular cotton qualities, it also deals in fancy yarns like slubs, blended yarns like tensil linens, cotton modals, cotton linens and lycra.