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National Co for Learning and Education (SAU:4291) Goodwill-to-Asset : 0.00 (As of Feb. 2024)


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What is National Co for Learning and Education Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. National Co for Learning and Education's Goodwill for the quarter that ended in Feb. 2024 was ﷼0.0 Mil. National Co for Learning and Education's Total Assets for the quarter that ended in Feb. 2024 was ﷼1,267.5 Mil. Therefore, National Co for Learning and Education's Goodwill to Asset Ratio for the quarter that ended in Feb. 2024 was 0.00.


National Co for Learning and Education Goodwill-to-Asset Historical Data

The historical data trend for National Co for Learning and Education'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.

National Co for Learning and Education Goodwill-to-Asset Chart

National Co for Learning and Education Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.08 0.07 0.06

National Co for Learning and Education Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 0.06 - -

Competitive Comparison of National Co for Learning and Education's Goodwill-to-Asset

For the Education & Training Services subindustry, National Co for Learning and Education'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.


National Co for Learning and Education's Goodwill-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, National Co for Learning and Education's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where National Co for Learning and Education's Goodwill-to-Asset falls into.



National Co for Learning and Education 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.

National Co for Learning and Education's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Goodwill to Asset (A: Aug. 2023 )=Goodwill/Total Assets
=82.81/1333.8
=0.06

National Co for Learning and Education's Goodwill to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Goodwill to Asset (Q: Feb. 2024 )=Goodwill/Total Assets
=0/1267.527
=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.


National Co for Learning and Education  (SAU:4291) 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.


National Co for Learning and Education Goodwill-to-Asset Related Terms

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National Co for Learning and Education (SAU:4291) Business Description

Traded in Other Exchanges
N/A
Address
Prince Majid Bin Abdul Aziz Street, P.O. Box 41980, Al Nozha Neighborhood, Al Rayyan District, Riyadh, SAU, 11531
National Co for Learning and Education is a provider of educational and learning services based in Riyadh, Saudi Arabia. It is engaged in ownership, establishment and management of private schools for general education (pre-university) in addition to investment in sport and entertainment along with sport clubs for school students. The company offers educational complexes that accommodate more than 15 thousand students, distributed in all stages from kindergarten, primary, intermediate and high school, according to the national curriculum and international curricula, with scientific laboratories on one hand, and entertainment facilities and sports clubs on the other hand. The company's business segments include Al-Rayan schools, Al-Rawabi schools, Al-Nuzha schools among others.

National Co for Learning and Education (SAU:4291) Headlines

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