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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Onward Holdings Co's Goodwill for the quarter that ended in Feb. 2026 was $31 Mil. Onward Holdings Co's Total Assets for the quarter that ended in Feb. 2026 was $1,220 Mil.
Therefore, Onward Holdings Co's Goodwill to Asset Ratio for the quarter that ended in Feb. 2026 was 0.03.
Onward Holdings Co (OTCPK:OKASY) 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.
Onward Holdings Co Goodwill-to-Asset Related Terms
Onward Holdings Co Goodwill-to-Asset Historical Data
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The historical data trend for Onward Holdings 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.
OKASY vs RL, LEVI, VFC: Goodwill-to-Asset Comparison
For the Apparel Manufacturing subindustry, Onward Holdings 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.
Onward Holdings Co Goodwill-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Onward Holdings Co's Goodwill-to-Asset falls into.
* 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.
Onward Holdings Co (OKASY) has a Goodwill-to-Asset of 0.03 as of Feb. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Onward Holdings Co and its competitors.
Is Onward Holdings Co's Goodwill-to-Asset too high?
Onward Holdings Co's current Goodwill-to-Asset is 0.03. Overall, Onward Holdings Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Onward Holdings Co's Goodwill-to-Asset compare to RL and LEVI?
Onward Holdings Co's Goodwill-to-Asset of 0.03 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 Onward Holdings Co and its competitors. Onward Holdings Co's current Goodwill-to-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Holdings Co stock overvalued right now?
Onward Holdings Co (OKASY) has a current Goodwill-to-Asset of 0.03. The stock's GF Value™ is $44.97, compared to a current price of $50.00 — trading 11.2% above its estimated fair value. The current Goodwill-to-Asset is 0.03. Onward Holdings Co's overall GF Score™ is 76/100 with 4 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 Onward Holdings Co (OKASY), the current Goodwill-to-Asset is 0.03 as of Feb. 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.
Is Onward Holdings Co (OKASY) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Holdings Co stock appears to be overvalued.
The current stock price of $50.00 is trading 11.2% above its estimated GF Value™ of $44.97.
Key valuation signals for OKASY:
Goodwill-to-Asset: 0.03
GF Value™: $44.97 vs. price of $50.00 (11.2% above fair value)
No single metric tells the full story. See the OKASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three-fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three-fourths of Onward's sales are in Japan, and the majority of the company's remaining sales are in Europe. The company manufactures its products mainly in China.
76GF Score
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