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Palestine Securities Exchange (XPAE:PSE) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Palestine Securities Exchange Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Palestine Securities Exchange's Goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil. Palestine Securities Exchange's Total Assets for the quarter that ended in Mar. 2024 was $15.14 Mil. Therefore, Palestine Securities Exchange's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Palestine Securities Exchange Goodwill-to-Asset Historical Data

The historical data trend for Palestine Securities Exchange'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.

Palestine Securities Exchange Goodwill-to-Asset Chart

Palestine Securities Exchange Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Palestine Securities Exchange Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Palestine Securities Exchange's Goodwill-to-Asset

For the Financial Data & Stock Exchanges subindustry, Palestine Securities Exchange'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.


Palestine Securities Exchange's Goodwill-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Palestine Securities Exchange's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Palestine Securities Exchange's Goodwill-to-Asset falls into.



Palestine Securities Exchange 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.

Palestine Securities Exchange'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
=0/14.59
=0.00

Palestine Securities Exchange's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=0/15.14
=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.


Palestine Securities Exchange  (XPAE:PSE) 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.


Palestine Securities Exchange Goodwill-to-Asset Related Terms

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Palestine Securities Exchange (XPAE:PSE) Business Description

Traded in Other Exchanges
N/A
Address
Rafedya Street, P.O.Box 128 Nablus, Seventh Floor, ASAL building, Nablus, PSE
Palestine Securities Exchange PLC operates as a regulated stock exchange to facilitate and maximize the flow of long-term investment capital into the Palestinian economy. It provides a fair, transparent, and efficient market for securities trading. The company focuses on attracting a range of regional and global investors including those among the Palestinian Diaspora. The company arises its revenues from security trading and transfer commission, membership of brokerage firms, registration fees for listed companies, and collateral commissions, interest income, dividend income, rental income and other income.

Palestine Securities Exchange (XPAE:PSE) Headlines

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