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Kufu Company Holdings (TSE:4376) Goodwill-to-Asset : 0.21 (As of Mar. 2024)


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What is Kufu Company Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Kufu Company Holdings's Goodwill for the quarter that ended in Mar. 2024 was 円3,845 Mil. Kufu Company Holdings's Total Assets for the quarter that ended in Mar. 2024 was 円18,494 Mil. Therefore, Kufu Company Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.21.


Kufu Company Holdings Goodwill-to-Asset Historical Data

The historical data trend for Kufu Company 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.

Kufu Company Holdings Goodwill-to-Asset Chart

Kufu Company Holdings Annual Data
Trend Sep22 Sep23 Sep24
Goodwill-to-Asset
0.17 0.17 0.18

Kufu Company Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.18 0.17 0.20 0.21 0.18

Competitive Comparison of Kufu Company Holdings's Goodwill-to-Asset

For the Specialty Business Services subindustry, Kufu Company 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.


Kufu Company Holdings's Goodwill-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kufu Company Holdings's Goodwill-to-Asset distribution charts can be found below:

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



Kufu Company 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.

Kufu Company Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Goodwill to Asset (A: Sep. 2024 )=Goodwill/Total Assets
=3459/18875
=0.18

Kufu Company Holdings'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
=3845/18494
=0.21

* 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.


Kufu Company Holdings  (TSE:4376) 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.


Kufu Company Holdings Goodwill-to-Asset Related Terms

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Kufu Company Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-4-28 Mita, Mita International Building 23rd floor, Minato-ku, Tokyo, JPN, 108-0073
Kufu Co Inc provides business management and related operations to support business activities at group companies.

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