GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » Goodwill-to-Asset

Vinyas Innovative Technologies (NSE:VINYAS) Goodwill-to-Asset : 0.00 (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Vinyas Innovative Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Vinyas Innovative Technologies's Goodwill for the quarter that ended in Mar. 2023 was ₹0 Mil. Vinyas Innovative Technologies's Total Assets for the quarter that ended in Mar. 2023 was ₹2,160 Mil. Therefore, Vinyas Innovative Technologies's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 was 0.00.


Vinyas Innovative Technologies Goodwill-to-Asset Historical Data

The historical data trend for Vinyas Innovative Technologies'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.

* Premium members only.

Vinyas Innovative Technologies Goodwill-to-Asset Chart

Vinyas Innovative Technologies Annual Data
Trend Mar21 Mar22 Mar23
Goodwill-to-Asset
- - -

Vinyas Innovative Technologies Semi-Annual Data
Mar21 Mar22 Mar23
Goodwill-to-Asset - - -

Competitive Comparison of Vinyas Innovative Technologies's Goodwill-to-Asset

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.


Vinyas Innovative Technologies's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinyas Innovative Technologies's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Vinyas Innovative Technologies's Goodwill-to-Asset falls into.



Vinyas Innovative Technologies 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.

Vinyas Innovative Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=0/2159.864
=0.00

Vinyas Innovative Technologies's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill to Asset (Q: Mar. 2023 )=Goodwill/Total Assets
=0/2159.864
=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.


Vinyas Innovative Technologies  (NSE:VINYAS) 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.


Vinyas Innovative Technologies Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Vinyas Innovative Technologies's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018
Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

Vinyas Innovative Technologies (NSE:VINYAS) Headlines

No Headlines