Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Nipponnso Holdings's Goodwill for the quarter that ended in Mar. 2026 was $4,317 Mil. Nipponnso Holdings's Total Assets for the quarter that ended in Mar. 2026 was $17,442 Mil.
Therefore, Nipponnso Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.25.
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.
Nipponnso Holdings Goodwill-to-Asset Related Terms
Nipponnso Holdings Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Nipponnso 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.
For the Chemicals subindustry, Nipponnso 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.
Nipponnso Holdings Goodwill-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nipponnso Holdings's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Nipponnso Holdings's Goodwill-to-Asset falls into.
* 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.
Nipponnso Holdings (TYNPF) has a Goodwill-to-Asset of 0.25 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Nipponnso Holdings and its competitors.
Is Nipponnso Holdings' Goodwill-to-Asset too high?
Nipponnso Holdings' current Goodwill-to-Asset is 0.25. Overall, Nipponnso Holdings has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nipponnso Holdings' Goodwill-to-Asset compare to DOW?
Nipponnso Holdings' Goodwill-to-Asset of 0.25 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Chemicals company?
A good Goodwill-to-Asset depends on the Chemicals industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Nipponnso Holdings and its competitors. Nipponnso Holdings's current Goodwill-to-Asset is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nipponnso Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nipponnso Holdings (TYNPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.06, compared to a current price of $37.52 — trading 20.8% above its estimated fair value. The current Goodwill-to-Asset is 0.25. Nipponnso Holdings' overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Nipponnso Holdings (TYNPF), the current Goodwill-to-Asset is 0.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nipponnso Holdings (TYNPF) Overvalued in 2026?
Based on GuruFocus' analysis, Nipponnso Holdings stock appears to be overvalued.
The current stock price of $37.52 is trading 20.8% above its estimated GF Value™ of $31.06.
GuruFocus considers Nipponnso Holdings to be Modestly Overvalued.
Key valuation signals for TYNPF:
Goodwill-to-Asset: 0.25
GF Value™: $31.06 vs. price of $37.52 (20.8% above fair value)
No single metric tells the full story. See the TYNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Sanso Holdings Corp is engaged in the gas business both domestically and internationally, supplying industries such as steel, chemicals, and electronics. The company operates through five reportable segments: Japan, the United States, Europe, Asia/Oceania, and Thermos. It provides industrial and medical gases, gas-related equipment, and electronic material gases, along with the manufacturing and construction of related systems. The Thermos segment focuses on household products such as stainless steel thermoses.
91GF Score
Get the complete analysis for TYNPF
Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TYNPF has been successfully added to your 
