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Holcim (XSWX:HOLNE) Goodwill-to-Asset : 0.27 (As of Jun. 2024)


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What is Holcim Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Holcim's Goodwill for the quarter that ended in Jun. 2024 was CHF14,493 Mil. Holcim's Total Assets for the quarter that ended in Jun. 2024 was CHF53,424 Mil. Therefore, Holcim's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.27.


Holcim Goodwill-to-Asset Historical Data

The historical data trend for Holcim'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.

Holcim Goodwill-to-Asset Chart

Holcim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.23 0.23 0.24 0.26

Holcim Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.24 0.27 0.26 0.27

Competitive Comparison of Holcim's Goodwill-to-Asset

For the Building Materials subindustry, Holcim'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.


Holcim's Goodwill-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Holcim's Goodwill-to-Asset distribution charts can be found below:

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



Holcim 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.

Holcim'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
=13589/52686
=0.26

Holcim's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=14493/53424
=0.27

* 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.


Holcim  (XSWX:HOLNE) 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.


Holcim Goodwill-to-Asset Related Terms

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Holcim Business Description

Address
Grafenauweg 10, Zug, CHE, CH-6300
Holcim is a global manufacturer of a wide range of building materials. The merger between Lafarge and Holcim in 2015 created a leader in the building materials sector. Recent portfolio management diversified the group's exposure to heavy building materials. Approximately 40% of revenue is earned in North America.

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