Team Young Technology Co (ROCO:5345) Goodwill-to-Asset : 0.00 (As of Mar. 2024)

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What is Team Young Technology Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Team Young Technology Co's Goodwill for the quarter that ended in Mar. 2024 was NT$0.00 Mil. Team Young Technology Co's Total Assets for the quarter that ended in Mar. 2024 was NT$103.83 Mil. Therefore, Team Young Technology Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.

Team Young Technology Co Goodwill-to-Asset Historical Data

The historical data trend for Team Young Technology Co'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.

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Team Young Technology Co Goodwill-to-Asset Chart

Team Young Technology Co Annual Data

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Goodwill-to-Asset

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Team Young Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Competitive Comparison of Team Young Technology Co's Goodwill-to-Asset

For the Electronic Components subindustry, Team Young Technology Co'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.

Team Young Technology Co's Goodwill-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Team Young Technology Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Team Young Technology Co's Goodwill-to-Asset falls into.

Team Young Technology Co 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.

Team Young Technology Co'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	/	100.356
	=	0.00

Team Young Technology Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )	=	Goodwill	/	Total Assets
	=	0	/	103.827
	=	0.00

Team Young Technology Co (ROCO:5345) 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.

Team Young Technology Co Goodwill-to-Asset Related Terms

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Team Young Technology Co (ROCO:5345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Team Young Technology Co Ltd (ROCO:5345) » Definitions » Goodwill-to-Asset

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Address

18F.-1, No.400, Huanbei Road, Taoyuan County 320, Zhongli, TWN

Website

https://www.teamyoung.com.tw

Team Young Technology Co Ltd markets and sells multilayer ceramic capacitors and chip capacitors for the storage of charge, blocking, by-pass, tuning and filtering in circuit designs. It has developed products such as Smart Power Remote Control System, Multi-Cell Power Management System, Vehicle Battery Continuation System, Home Appliances and other devices. Geographically operates through Taiwan and derives revenue through the sale of products.

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