What is PT Malindo Feedmill Tbk Goodwill-to-Asset?
Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. PT Malindo Feedmill Tbk's Goodwill for the quarter that ended in Mar. 2024 was $0.0 Mil. PT Malindo Feedmill Tbk's Total Assets for the quarter that ended in Mar. 2024 was $370.1 Mil.
Therefore, PT Malindo Feedmill Tbk's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.
PT Malindo Feedmill Tbk Goodwill-to-Asset Historical Data
The historical data trend for PT Malindo Feedmill Tbk'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.
Competitive Comparison of PT Malindo Feedmill Tbk's Goodwill-to-Asset
For the Packaged Foods subindustry, PT Malindo Feedmill Tbk'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.
PT Malindo Feedmill Tbk's Goodwill-to-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Malindo Feedmill Tbk's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where PT Malindo Feedmill Tbk'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.
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.
PT Malindo Feedmill Tbk Goodwill-to-Asset Related Terms
Thank you for viewing the detailed overview of PT Malindo Feedmill Tbk's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Malindo Feedmill Tbk (PT Malindo Feedmill Tbk) Business Description
PT Malindo Feedmill Tbk is an Indonesia-based company engaged in the poultry feeds industry and day-old chicken farm. The company's chief business segments are the Feedmill segment, the Breeder segment, the Broiler segment, and the Food Processing segment. It generates the majority of the revenue from the Feedmill segment in which the company produces animal feed such as breeder feed, chicken broiler feed, chicken layer feed, swine feed, and other animal feed products. The company produces and markets Parent Stock and Day Old Chick in the Chicken breeding segment.
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