GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lauritz.com Group A/S (OSTO:LAUR) » Definitions » Goodwill-to-Asset

Lauritz.com Group A/S (OSTO:LAUR) Goodwill-to-Asset : 0.42 (As of Mar. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Lauritz.com Group A/S Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Lauritz.com Group A/S's Goodwill for the quarter that ended in Mar. 2023 was kr88.8 Mil. Lauritz.com Group A/S's Total Assets for the quarter that ended in Mar. 2023 was kr209.5 Mil. Therefore, Lauritz.com Group A/S's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 was 0.42.


Lauritz.com Group A/S Goodwill-to-Asset Historical Data

The historical data trend for Lauritz.com Group A/S'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.

Lauritz.com Group A/S Goodwill-to-Asset Chart

Lauritz.com Group A/S Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.33 0.12 0.28 0.37

Lauritz.com Group A/S Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.28 0.35 0.37 0.37 0.42

Competitive Comparison of Lauritz.com Group A/S's Goodwill-to-Asset

For the Specialty Retail subindustry, Lauritz.com Group A/S'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.


Lauritz.com Group A/S's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lauritz.com Group A/S's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Lauritz.com Group A/S's Goodwill-to-Asset falls into.



Lauritz.com Group A/S 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.

Lauritz.com Group A/S's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=62.745/171.276
=0.37

Lauritz.com Group A/S'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
=88.802/209.521
=0.42

* 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.


Lauritz.com Group A/S  (OSTO:LAUR) 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.


Lauritz.com Group A/S Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Lauritz.com Group A/S's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Lauritz.com Group A/S (OSTO:LAUR) Business Description

Traded in Other Exchanges
N/A
Address
Dynamovej 11C, Soborg, DNK, 2860
Lauritz.com Group A/S provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.