Hynion AS (OSL:HYN) Goodwill-to-Asset: 0.00 (As of Jun. 2024)

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What is Hynion AS Goodwill-to-Asset?

Hynion AS OSL:HYN Goodwill-to-Asset is 0.00 as of Jun. 2024.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Hynion AS's Goodwill for the quarter that ended in Jun. 2024 was kr0.00 Mil. Hynion AS's Total Assets for the quarter that ended in Jun. 2024 was kr45.55 Mil. Therefore, Hynion AS's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


Hynion AS  (OSL:HYN) 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.


Hynion AS Goodwill-to-Asset Related Terms


Hynion AS Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Hynion AS'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.

Hynion AS Goodwill-to-Asset Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
0.00 0.00 0.00 0.00 0.00

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

OSL:HYN vs TSCO, WSM, ULTA: Goodwill-to-Asset Comparison

For the Specialty Retail subindustry, Hynion AS'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.


Hynion AS Goodwill-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Goodwill-to-Asset distribution charts can be found below:

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



Hynion AS 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.

Hynion AS's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/35.779
=0.00

Hynion AS's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=0/45.55
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Hynion AS (OSL:HYN) has a Goodwill-to-Asset of 0.00 as of Jun. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Hynion AS and its competitors.
Is Hynion AS's Goodwill-to-Asset too high?
Hynion AS's current Goodwill-to-Asset is 0.00.
How does Hynion AS's Goodwill-to-Asset compare to TSCO and WSM?
Hynion AS's Goodwill-to-Asset of 0.00 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Goodwill-to-Asset depends on the Retail - Cyclical 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 Hynion AS and its competitors. Hynion AS'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 Hynion AS stock overvalued right now?
Hynion AS (OSL:HYN) 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 Hynion AS (OSL:HYN), the current Goodwill-to-Asset is 0.00 as of Jun. 2024. 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.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.