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Shinhan Alpha REIT (XKRX:293940) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


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What is Shinhan Alpha REIT Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Shinhan Alpha REIT's Goodwill for the quarter that ended in Dec. 2024 was ₩0 Mil. Shinhan Alpha REIT's Total Assets for the quarter that ended in Dec. 2024 was ₩2,256,243 Mil. Therefore, Shinhan Alpha REIT's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


Shinhan Alpha REIT Goodwill-to-Asset Historical Data

The historical data trend for Shinhan Alpha REIT'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.

Shinhan Alpha REIT Goodwill-to-Asset Chart

Shinhan Alpha REIT Annual Data
Trend Sep18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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Shinhan Alpha REIT Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Shinhan Alpha REIT's Goodwill-to-Asset

For the REIT - Office subindustry, Shinhan Alpha REIT'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.


Shinhan Alpha REIT's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Shinhan Alpha REIT's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Shinhan Alpha REIT's Goodwill-to-Asset falls into.


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Shinhan Alpha REIT 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.

Shinhan Alpha REIT's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill to Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0/2004292.845
=0.00

Shinhan Alpha REIT's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=0/2256243.174
=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.


Shinhan Alpha REIT  (XKRX:293940) 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.


Shinhan Alpha REIT Goodwill-to-Asset Related Terms

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Shinhan Alpha REIT Business Description

Traded in Other Exchanges
N/A
Address
Jongno 33, Jongno-gu, Seoul, KOR
Shinhan Alpha REIT is a Korean based company engaged in providing real estate services.

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