GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tokyo Individualized Educational Institute Inc (TSE:4745) » Definitions » Goodwill-to-Asset

Tokyo Individualized Educational Institute (TSE:4745) Goodwill-to-Asset : 0.01 (As of May. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Tokyo Individualized Educational Institute Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tokyo Individualized Educational Institute's Goodwill for the quarter that ended in May. 2024 was 円138 Mil. Tokyo Individualized Educational Institute's Total Assets for the quarter that ended in May. 2024 was 円10,155 Mil. Therefore, Tokyo Individualized Educational Institute's Goodwill to Asset Ratio for the quarter that ended in May. 2024 was 0.01.


Tokyo Individualized Educational Institute Goodwill-to-Asset Historical Data

The historical data trend for Tokyo Individualized Educational Institute'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.

Tokyo Individualized Educational Institute Goodwill-to-Asset Chart

Tokyo Individualized Educational Institute Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.01

Tokyo Individualized Educational Institute Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.02 0.01 0.01 0.01 0.01

Competitive Comparison of Tokyo Individualized Educational Institute's Goodwill-to-Asset

For the Education & Training Services subindustry, Tokyo Individualized Educational Institute'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.


Tokyo Individualized Educational Institute's Goodwill-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tokyo Individualized Educational Institute's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Tokyo Individualized Educational Institute's Goodwill-to-Asset falls into.



Tokyo Individualized Educational Institute 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.

Tokyo Individualized Educational Institute's Goodwill to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Goodwill to Asset (A: Feb. 2024 )=Goodwill/Total Assets
=143.11/11688.417
=0.01

Tokyo Individualized Educational Institute's Goodwill to Asset Ratio for the quarter that ended in May. 2024 is calculated as

Goodwill to Asset (Q: May. 2024 )=Goodwill/Total Assets
=138/10154.642
=0.01

* 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.


Tokyo Individualized Educational Institute  (TSE:4745) 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.


Tokyo Individualized Educational Institute Goodwill-to-Asset Related Terms

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


Tokyo Individualized Educational Institute Business Description

Traded in Other Exchanges
N/A
Address
No. 26-2, Nishi-Shinjuku, Shinjuku Nomura Building, 25th Floor, Shinjuku-ku, Tokyo, JPN, 163-0525
Tokyo Individualized Educational Institute Inc is a Japan based company engaged in providing educational services. It operates private preparatory schools; and provides semi-private tutorial services in Tokyo, Kansai, Tokai, and Kyushu areas.

Tokyo Individualized Educational Institute Headlines

No Headlines