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SBI Life Insurance Co (NSE:SBILIFE) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


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What is SBI Life Insurance Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. SBI Life Insurance Co's Goodwill for the quarter that ended in Dec. 2024 was ₹0 Mil. SBI Life Insurance Co's Total Assets for the quarter that ended in Dec. 2024 was ₹4,511,010 Mil. Therefore, SBI Life Insurance Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


SBI Life Insurance Co Goodwill-to-Asset Historical Data

The historical data trend for SBI Life Insurance Co'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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SBI Life Insurance Co Goodwill-to-Asset Chart

SBI Life Insurance Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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SBI Life Insurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of SBI Life Insurance Co's Goodwill-to-Asset

For the Insurance - Life subindustry, SBI Life Insurance Co'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.


SBI Life Insurance Co's Goodwill-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SBI Life Insurance Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where SBI Life Insurance Co's Goodwill-to-Asset falls into.


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SBI Life Insurance Co 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.

SBI Life Insurance Co's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill to Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0/3982988.094
=0.00

SBI Life Insurance Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=0/4511009.5
=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.


SBI Life Insurance Co  (NSE:SBILIFE) 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.


SBI Life Insurance Co Goodwill-to-Asset Related Terms

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SBI Life Insurance Co Business Description

Traded in Other Exchanges
Address
M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069
SBI Life Insurance Co Ltd is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment which includes endowment products, a variable insurance plan, an immediate annuity product, group protection products, and others.

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