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El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


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What is El-Mor Electric Installation & Services (1986) Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. El-Mor Electric Installation & Services (1986)'s Goodwill for the quarter that ended in Sep. 2023 was ₪0.0 Mil. El-Mor Electric Installation & Services (1986)'s Total Assets for the quarter that ended in Sep. 2023 was ₪554.3 Mil. Therefore, El-Mor Electric Installation & Services (1986)'s Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.00.


El-Mor Electric Installation & Services (1986) Goodwill-to-Asset Historical Data

The historical data trend for El-Mor Electric Installation & Services (1986)'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.

El-Mor Electric Installation & Services (1986) Goodwill-to-Asset Chart

El-Mor Electric Installation & Services (1986) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
Get a 7-Day Free Trial - 0.01 0.01 0.14 0.12

El-Mor Electric Installation & Services (1986) Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.12 - - -

Competitive Comparison of El-Mor Electric Installation & Services (1986)'s Goodwill-to-Asset

For the Engineering & Construction subindustry, El-Mor Electric Installation & Services (1986)'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.


El-Mor Electric Installation & Services (1986)'s Goodwill-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, El-Mor Electric Installation & Services (1986)'s Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where El-Mor Electric Installation & Services (1986)'s Goodwill-to-Asset falls into.



El-Mor Electric Installation & Services (1986) 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.

El-Mor Electric Installation & Services (1986)'s Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=59.89/510.846
=0.12

El-Mor Electric Installation & Services (1986)'s Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/554.301
=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.


El-Mor Electric Installation & Services (1986)  (XTAE:ELMR) 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.


El-Mor Electric Installation & Services (1986) Goodwill-to-Asset Related Terms

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El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Business Description

Traded in Other Exchanges
N/A
Address
22 Hotzot Haytozer Street, Ashkelon, ISR
El-Mor Electric Installation & Services (1986) Ltd builds electricity projects and deals in energy, infrastructure and communications sectors through subsidiaries.It has branches in Lod, Kfar Saba and Ashkelon. It has electricity and air-conditioning projects in a variety of fields such as power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting.

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Headlines

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