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TS Tech Co (TSE:7313) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


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What is TS Tech Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. TS Tech Co's Goodwill for the quarter that ended in Dec. 2024 was 円0 Mil. TS Tech Co's Total Assets for the quarter that ended in Dec. 2024 was 円437,347 Mil. Therefore, TS Tech Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


TS Tech Co Goodwill-to-Asset Historical Data

The historical data trend for TS Tech 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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TS Tech Co Goodwill-to-Asset Chart

TS Tech Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
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TS Tech Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of TS Tech Co's Goodwill-to-Asset

For the Auto Parts subindustry, TS Tech 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.


TS Tech Co's Goodwill-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TS Tech Co's Goodwill-to-Asset distribution charts can be found below:

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



TS Tech 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.

TS Tech Co'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
=0/446214
=0.00

TS Tech Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=0/437347
=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.


TS Tech Co  (TSE:7313) 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.


TS Tech Co Goodwill-to-Asset Related Terms

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TS Tech Co Business Description

Traded in Other Exchanges
N/A
Address
3-7-27 Sakae-cho, Asaka-shi, Saitama, JPN, 351-0012
TS Tech Co Ltd is a manufacturer of seats for automobiles and motorcycles. The company also produces interior trim and interior components for automobiles, and motorcycle parts and accessories. Honda Motor and its affiliates account for nearly all sales of TS Tech, while the company also sells to Suzuki, Yamaha, Kawasaki, Fuji Heavy Industries, and Paramount Bed. TS Tech generates the majority of its revenue from the production and sale of automobile seats. The strongest regions for TS Tech with regard to operating income are China, Americas, and Japan.

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