GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa Office Investment Corp (TSE:8976) » Definitions » Goodwill-to-Asset

Daiwa Office Investment (TSE:8976) Goodwill-to-Asset : 0.00 (As of Nov. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Daiwa Office Investment Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Daiwa Office Investment's Goodwill for the quarter that ended in Nov. 2023 was 円0 Mil. Daiwa Office Investment's Total Assets for the quarter that ended in Nov. 2023 was 円482,201 Mil. Therefore, Daiwa Office Investment's Goodwill to Asset Ratio for the quarter that ended in Nov. 2023 was 0.00.


Daiwa Office Investment Goodwill-to-Asset Historical Data

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment Goodwill-to-Asset Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 Daiwa Office Investment's Goodwill-to-Asset

For the REIT - Office subindustry, Daiwa Office Investment'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.


Daiwa Office Investment's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Office Investment's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Daiwa Office Investment's Goodwill-to-Asset falls into.



Daiwa Office Investment 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.

Daiwa Office Investment's Goodwill to Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Goodwill to Asset (A: Nov. 2022 )=Goodwill/Total Assets
=0/481049.178
=0.00

Daiwa Office Investment's Goodwill to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Goodwill to Asset (Q: Nov. 2023 )=Goodwill/Total Assets
=0/482200.822
=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.


Daiwa Office Investment  (TSE:8976) 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.


Daiwa Office Investment Goodwill-to-Asset Related Terms

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


Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

Daiwa Office Investment (TSE:8976) Headlines

No Headlines