VTWRF (Vantage Towers AG) Goodwill-to-Asset: 0.30 (As of Mar. 2023)

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VTWRF Vantage Towers AG VTWRF
44 GF Score
Price $40.06
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What is Vantage Towers AG Goodwill-to-Asset?

Vantage Towers AG VTWRF 44 Goodwill-to-Asset is 0.30 as of Mar. 2023. GuruFocus rates VTWRF with a GF Score™ of 44/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Vantage Towers AG's Goodwill for the quarter that ended in Mar. 2023 was $3,559 Mil. Vantage Towers AG's Total Assets for the quarter that ended in Mar. 2023 was $11,816 Mil. Therefore, Vantage Towers AG's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 was 0.30.

Vantage Towers AG  (OTCPK:VTWRF) 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.

Vantage Towers AG Goodwill-to-Asset Related Terms

Vantage Towers AG Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Goodwill-to-Asset Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Goodwill-to-Asset
0.32 0.31 0.30

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Goodwill-to-Asset Get a 7-Day Free Trial 0.32 0.32 0.31 0.31 0.30

VTWRF vs BEKE, CBRE, CSGP: Goodwill-to-Asset Comparison

For the Real Estate Services subindustry, Vantage Towers AG'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.

Vantage Towers AG Goodwill-to-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vantage Towers AG's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Vantage Towers AG's Goodwill-to-Asset falls into.


VTWRF
44GF Score
Vantage Towers AG VTWRF
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers AG 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.

Vantage Towers AG's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=3559.101/11815.632
=0.30

Vantage Towers AG's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill to Asset (Q: Mar. 2023 )=Goodwill/Total Assets
=3559.101/11815.632
=0.30

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.30 mean?
Vantage Towers AG (VTWRF) has a Goodwill-to-Asset of 0.30 as of Mar. 2023. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Vantage Towers AG and its competitors.
Is Vantage Towers AG's Goodwill-to-Asset too high?
Vantage Towers AG's current Goodwill-to-Asset is 0.30. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Goodwill-to-Asset compare to BEKE and CBRE?
Vantage Towers AG's Goodwill-to-Asset of 0.30 can be compared against companies in the Real Estate 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 Real Estate company?
A good Goodwill-to-Asset depends on the Real Estate 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 Vantage Towers AG and its competitors. Vantage Towers AG's current Goodwill-to-Asset is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (VTWRF) has a current Goodwill-to-Asset of 0.30. The current Goodwill-to-Asset is 0.30. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (VTWRF), the current Goodwill-to-Asset is 0.30 as of Mar. 2023. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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