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Smile-Link Healthcare Global Bhd (XKLS:03023) 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.
Smile-Link Healthcare Global Bhd Goodwill-to-Asset Related Terms
Smile-Link Healthcare Global Bhd Goodwill-to-Asset Historical Data
* 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.
Smile-Link Healthcare Global Bhd Goodwill-to-Asset Chart
XKLS:03023 vs HCA, THC, DVA: Goodwill-to-Asset Comparison
For the Medical Care Facilities subindustry, Smile-Link Healthcare Global Bhd'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.
Smile-Link Healthcare Global Bhd Goodwill-to-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Smile-Link Healthcare Global Bhd's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Smile-Link Healthcare Global Bhd'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.
Smile-Link Healthcare Global Bhd (XKLS:03023) has a Goodwill-to-Asset of 0.26 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Smile-Link Healthcare Global Bhd and its competitors.
Is Smile-Link Healthcare Global Bhd's Goodwill-to-Asset too high?
Smile-Link Healthcare Global Bhd's current Goodwill-to-Asset is 0.26.
How does Smile-Link Healthcare Global Bhd's Goodwill-to-Asset compare to HCA and THC?
Smile-Link Healthcare Global Bhd's Goodwill-to-Asset of 0.26 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Goodwill-to-Asset depends on the Healthcare Providers & Services 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 Smile-Link Healthcare Global Bhd and its competitors. Smile-Link Healthcare Global Bhd's current Goodwill-to-Asset is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smile-Link Healthcare Global Bhd stock overvalued right now?
Smile-Link Healthcare Global Bhd (XKLS:03023) has a current Goodwill-to-Asset of 0.26. The stock's GF Value™ is RM0.10, compared to a current price of RM0.10 — trading right at its estimated fair value. The current Goodwill-to-Asset is 0.26. 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 Smile-Link Healthcare Global Bhd (XKLS:03023), the current Goodwill-to-Asset is 0.26 as of Jun. 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.
Smile-Link Healthcare Global Bhd through its subsidiaries, is engaged in providing dental healthcare services in Malaysia. Its reportable operating segments are; Provision of dental services which derives maximum revenue, Trading and distribution of dental and pharmaceutical products, Others, comprising dental labs and manufacturing of dental instruments, and Investment holding.
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