GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Trisura Group Ltd (TSX:TSU) » Definitions » Goodwill-to-Asset

Trisura Group (TSX:TSU) Goodwill-to-Asset : 0.00 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Trisura Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Trisura Group's Goodwill for the quarter that ended in Sep. 2024 was C$0 Mil. Trisura Group's Total Assets for the quarter that ended in Sep. 2024 was C$4,111 Mil. Therefore, Trisura Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.00.


Trisura Group Goodwill-to-Asset Historical Data

The historical data trend for Trisura Group'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.

Trisura Group Goodwill-to-Asset Chart

Trisura Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial - - - - -

Trisura Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 Trisura Group's Goodwill-to-Asset

For the Insurance - Specialty subindustry, Trisura Group'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.


Trisura Group's Goodwill-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Trisura Group's Goodwill-to-Asset distribution charts can be found below:

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



Trisura Group 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.

Trisura Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/3584.445
=0.00

Trisura Group'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
=0/4111.127
=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.


Trisura Group  (TSX:TSU) 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.


Trisura Group Goodwill-to-Asset Related Terms

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


Trisura Group Business Description

Traded in Other Exchanges
Address
333 Bay Street, Suite 1610, Box 22, Toronto, ON, CAN, M5H 2R2
Trisura Group Ltd is a Canadian-based company that engages in the provision of specialty insurance. The operating business segments are Trisura Canada and Trisura U.S. The operations of Trisura Canada comprise Surety business underwritten in both Canada and the United States, and Risk Solutions, Fronting and Corporate Insurance products underwritten in Canada. Trisura U.S. provides specialty fronting insurance solutions underwritten in the United States and includes the active operations of Trisura International.
Executives
David James Clare Director, Senior Officer
Richard William Grant Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
David Charles Scotland Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Chris Yoshio Sekine Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Robert Edward Taylor Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Beasley Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
George Myhal Director, Director or Senior Officer of 10% Security Holder
Anik Lanthier Director
Paul Rodney Kopecky Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Barton Walter Hedges Director
James Gabriel Doyle Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Brian Lawson Director or Senior Officer of 10% Security Holder
Paul Joseph Gallagher Director
Eileen Marie Sweeney Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Gregory Ernest Alexander Morrison Director, Senior Officer

Trisura Group Headlines

No Headlines