Cortus Energy AB (OSTO:CE) Goodwill-to-Asset: 0.00 (As of Dec. 2024)

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.

OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
Price kr0.18
View Full Analysis

What is Cortus Energy AB Goodwill-to-Asset?

Cortus Energy AB OSTO:CE 8 Goodwill-to-Asset is 0.00 as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Cortus Energy AB's Goodwill for the quarter that ended in Dec. 2024 was kr0.00 Mil. Cortus Energy AB's Total Assets for the quarter that ended in Dec. 2024 was kr79.39 Mil. Therefore, Cortus Energy AB's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


Cortus Energy AB  (OSTO:CE) 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.


Cortus Energy AB Goodwill-to-Asset Related Terms


Cortus Energy AB Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Cortus Energy AB'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.

Cortus Energy AB Goodwill-to-Asset Chart

Cortus Energy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Cortus Energy AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

OSTO:CE vs CEG: Goodwill-to-Asset Comparison

For the Utilities - Renewable subindustry, Cortus Energy AB'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.


Cortus Energy AB Goodwill-to-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cortus Energy AB's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Cortus Energy AB's Goodwill-to-Asset falls into.


OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cortus Energy AB 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.

Cortus Energy AB's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill to Asset (A: Dec. 2024 )=Goodwill/Total Assets
=0/79.39
=0.00

Cortus Energy AB'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
=0/79.39
=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?
Cortus Energy AB (OSTO:CE) has a Goodwill-to-Asset of 0.00 as of Dec. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Cortus Energy AB and its competitors.
Is Cortus Energy AB's Goodwill-to-Asset too high?
Cortus Energy AB's current Goodwill-to-Asset is 0.00. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's Goodwill-to-Asset compare to CEG?
Cortus Energy AB's Goodwill-to-Asset of 0.00 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Goodwill-to-Asset depends on the Utilities - Independent Power Producers 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 Cortus Energy AB and its competitors. Cortus Energy AB'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 Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Cortus Energy AB's overall GF Score™ is 8/100. 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 Cortus Energy AB (OSTO:CE), the current Goodwill-to-Asset is 0.00 as of Dec. 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.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

Get the complete analysis for OSTO:CE

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

kr0.18
Price