Fujiyama Power Systems (NSE:UTLSOLAR) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:UTLSOLAR Fujiyama Power Systems Ltd NSE:UTLSOLAR
17 GF Score
Price ₹446.65
! 5 Warning Signs
View Full Analysis

What is Fujiyama Power Systems Goodwill-to-Asset?

Fujiyama Power Systems NSE:UTLSOLAR -2.87% 17 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates NSE:UTLSOLAR with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Fujiyama Power Systems's Goodwill for the quarter that ended in Jun. 2026 was ₹0 Mil. Fujiyama Power Systems's Total Assets for the quarter that ended in Jun. 2026 was ₹0 Mil.


Fujiyama Power Systems  (NSE:UTLSOLAR) 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.


Fujiyama Power Systems Goodwill-to-Asset Related Terms


Fujiyama Power Systems Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Fujiyama Power Systems'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.

Fujiyama Power Systems Goodwill-to-Asset Chart

Fujiyama Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill-to-Asset
0.17 0.11 0.09 0.06 0.02

Fujiyama Power Systems Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.00 0.02 0.00

NSE:UTLSOLAR vs FSLR, NXT, ENPH: Goodwill-to-Asset Comparison

For the Solar subindustry, Fujiyama Power Systems'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.


Fujiyama Power Systems Goodwill-to-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Fujiyama Power Systems's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Fujiyama Power Systems's Goodwill-to-Asset falls into.


NSE:UTLSOLAR
17GF Score
Fujiyama Power Systems Ltd NSE:UTLSOLAR
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujiyama Power Systems 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.

Fujiyama Power Systems's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill to Asset (A: Mar. 2026 )=Goodwill/Total Assets
=564.13/23435.56
=0.02

Fujiyama Power Systems's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/0
=

* 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?
Fujiyama Power Systems (NSE:UTLSOLAR) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Fujiyama Power Systems and its competitors.
Is Fujiyama Power Systems' Goodwill-to-Asset too high?
Fujiyama Power Systems' current Goodwill-to-Asset is 0.00. Overall, Fujiyama Power Systems has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Fujiyama Power Systems' Goodwill-to-Asset compare to FSLR and NXT?
Fujiyama Power Systems' Goodwill-to-Asset of 0.00 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Goodwill-to-Asset depends on the Semiconductors 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 Fujiyama Power Systems and its competitors. Fujiyama Power Systems'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 Fujiyama Power Systems stock overvalued right now?
Fujiyama Power Systems (NSE:UTLSOLAR) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Fujiyama Power Systems' overall GF Score™ is 17/100 with 5 warning signs to review. 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 Fujiyama Power Systems (NSE:UTLSOLAR), the current Goodwill-to-Asset is 0.00 as of Jun. 2026. 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.

Fujiyama Power Systems Business Description

Other Exchanges 544613:India
Address Sat Guru Ram Singh Marg, Near Metro Station, 53A/6 Industrial Area, Near NDPL Grid Office, Delhi, IND, 110015
Fujiyama Power Systems Ltd is a manufacturer of products and solution provider in the roof-top solar industry, including on-grid, off-grid and hybrid solar systems. The company operates under its brands 'UTL Solar' and 'Fujiyama Solar'. Its offerings include solar PCUs, solar off-grid, on-grid and hybrid inverters, solar panels, pulse width modulation (PWM) chargers and other battery chargers, lithium-ion and tubular batteries, online uninterruptible power supply systems, offline UPS systems, solar management units and solar charge controllers. Additionally, the company provides chargers for three-wheeler electric autorickshaws (E-Rickshaws) and lithium-ion batteries. The company generates the majority of its revenue from the sales of its Solar Panels.
17GF Score

Get the complete analysis for NSE:UTLSOLAR

Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹446.65
Price