GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yongmao Holdings Ltd (SGX:BKX) » Definitions » Goodwill-to-Asset

Yongmao Holdings (SGX:BKX) Goodwill-to-Asset : 0.00 (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Yongmao Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Yongmao Holdings's Goodwill for the quarter that ended in Sep. 2024 was S$0.0 Mil. Yongmao Holdings's Total Assets for the quarter that ended in Sep. 2024 was S$408.3 Mil. Therefore, Yongmao Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.00.


Yongmao Holdings Goodwill-to-Asset Historical Data

The historical data trend for Yongmao Holdings'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.

Yongmao Holdings Goodwill-to-Asset Chart

Yongmao Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Yongmao Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - -

Competitive Comparison of Yongmao Holdings's Goodwill-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Yongmao Holdings'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.


Yongmao Holdings's Goodwill-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yongmao Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Yongmao Holdings's Goodwill-to-Asset falls into.



Yongmao Holdings 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.

Yongmao Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill to Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0/384.135
=0.00

Yongmao Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill to Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=0/408.331
=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.


Yongmao Holdings  (SGX:BKX) 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.


Yongmao Holdings Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Yongmao Holdings's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Yongmao Holdings Business Description

Traded in Other Exchanges
N/A
Address
81 Ubi Avenue 4, No. 09-01 UB. One, Singapore, SGP, 408830
Yongmao Holdings Ltd is involved in the design, development, and manufacture of a wide range of tower cranes, components, and accessories. The products are mainly sold to construction equipment distributors and equipment rental companies. Yongmao Holdings offers tower cranes with various lifting capacities that include the Topless STT series, ST series, Luffing STL series, and Derrick Q series. The business of the company is classified under geographical segments the People's Republic of China, Hong Kong and Macau, and Singapore. The People's Republic of China segment generates maximum revenue for the company which represents the manufacture and sale, with some rental and servicing of tower cranes and tower crane components and accessories in China.

Yongmao Holdings Headlines

No Headlines