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Flying Spark (XTAE:FLYS) Goodwill-to-Asset : 0.00 (As of . 20)


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What is Flying Spark Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Flying Spark's Goodwill for the quarter that ended in . 20 was ₪0.00 Mil. Flying Spark's Total Assets for the quarter that ended in . 20 was ₪0.00 Mil.


Flying Spark Goodwill-to-Asset Historical Data

The historical data trend for Flying Spark'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.

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Flying Spark Goodwill-to-Asset Chart

Flying Spark Annual Data
Trend
Goodwill-to-Asset

Flying Spark Semi-Annual Data
Goodwill-to-Asset

Competitive Comparison of Flying Spark's Goodwill-to-Asset

For the Packaged Foods subindustry, Flying Spark'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.


Flying Spark's Goodwill-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flying Spark's Goodwill-to-Asset distribution charts can be found below:

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



Flying Spark 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.

Flying Spark's Goodwill to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill to Asset (A: . 20 )=Goodwill/Total Assets
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=

Flying Spark's Goodwill to Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill to Asset (Q: . 20 )=Goodwill/Total Assets
=/
=

* 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.


Flying Spark  (XTAE:FLYS) 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.


Flying Spark Goodwill-to-Asset Related Terms

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Flying Spark (XTAE:FLYS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2 Yitzhak Modai Street, Rehovot, ISR
Flying Spark Ltd is engaged in producing protein powder that is extremely rich in iron, calcium, magnesium, and dietary fibers, and is an excellent source of amino acids. Its white color and mild taste and aroma enable easy incorporation of the protein into a variety of food and feed products.

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