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Mayar Holding Co (SAU:9568) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is Mayar Holding Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Mayar Holding Co's Goodwill for the quarter that ended in Jun. 2024 was ﷼0.0 Mil. Mayar Holding Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼431.9 Mil. Therefore, Mayar Holding Co's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


Mayar Holding Co Goodwill-to-Asset Historical Data

The historical data trend for Mayar Holding 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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Mayar Holding Co Goodwill-to-Asset Chart

Mayar Holding Co Annual Data
Trend Dec22 Dec23
Goodwill-to-Asset
- -

Mayar Holding Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill-to-Asset - - - - -

Competitive Comparison of Mayar Holding Co's Goodwill-to-Asset

For the Conglomerates subindustry, Mayar Holding 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.


Mayar Holding Co's Goodwill-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mayar Holding Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Mayar Holding Co's Goodwill-to-Asset falls into.



Mayar Holding 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.

Mayar Holding 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
=0/466.122
=0.00

Mayar Holding Co'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
=0/431.851
=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.


Mayar Holding Co  (SAU:9568) 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.


Mayar Holding Co Goodwill-to-Asset Related Terms

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Mayar Holding Co Business Description

Traded in Other Exchanges
N/A
Address
KSA Riyadh Olaya Street, PO Box 55024, Taya Commercial Center, Riyadh, SAU, 11534
Mayar Holding Co is a Saudi Arabia-based company. It engaged in managing subsidiaries of holding companies owning real estate and movables necessary for holding companies, providing loans, guarantees, and financing for subsidiaries of holding companies, and owning and leasing industrial property rights to subsidiaries of holding companies. It has three reportable segments Elevators and escalators segment, Feed and agriculture, and Plastic segment. The majority of its revenue comes from Feed and agriculture segment which produces compound feed for Poultry, Cattle, Poultry distribution, and sale.

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