PLMIW (Plum Acquisition I) Goodwill-to-Asset: 0.00 (As of Jun. 2024)

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PLMIW Plum Acquisition Corp I PLMIW
24 GF Score
Price $0.22
! 1 Warning Sign
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What is Plum Acquisition I Goodwill-to-Asset?

Plum Acquisition I PLMIW +15.79% 24 Goodwill-to-Asset is 0.00 as of Jun. 2024. GuruFocus rates PLMIW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Plum Acquisition I's Goodwill for the quarter that ended in Jun. 2024 was $0.00 Mil. Plum Acquisition I's Total Assets for the quarter that ended in Jun. 2024 was $36.66 Mil.


Plum Acquisition I  (NAS:PLMIW) 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.


Plum Acquisition I Goodwill-to-Asset Related Terms


Plum Acquisition I Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Plum Acquisition I'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.

Plum Acquisition I Goodwill-to-Asset Chart

Plum Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Goodwill-to-Asset
0.00 0.00 0.00

Plum Acquisition I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00

PLMIW vs LCA, SAMA, PACI: Goodwill-to-Asset Comparison

For the Shell Companies subindustry, Plum Acquisition I'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.


Plum Acquisition I Goodwill-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Plum Acquisition I's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Plum Acquisition I's Goodwill-to-Asset falls into.


PLMIW
24GF Score
Plum Acquisition Corp I PLMIW
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Plum Acquisition I 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.

Plum Acquisition I'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
=0/35.702
=

Plum Acquisition I'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
=0/36.66
=

* 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?
Plum Acquisition I (PLMIW) 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 Plum Acquisition I and its competitors.
Is Plum Acquisition I's Goodwill-to-Asset too high?
Plum Acquisition I's current Goodwill-to-Asset is 0.00. Overall, Plum Acquisition I has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Plum Acquisition I's Goodwill-to-Asset compare to LCA and SAMA?
Plum Acquisition I's Goodwill-to-Asset of 0.00 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Goodwill-to-Asset depends on the Diversified Financial Services 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 Plum Acquisition I and its competitors. Plum Acquisition I'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 Plum Acquisition I stock overvalued right now?
Plum Acquisition I (PLMIW) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Plum Acquisition I's overall GF Score™ is 24/100 with 1 warning sign 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 Plum Acquisition I (PLMIW), 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.

Plum Acquisition I Business Description

Address 2021 Fillmore Street, Suite 2089, San Francisco, CA, USA, 94115
Plum Acquisition Corp I is a blank check company.
24GF Score

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

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