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Gan Shmuel Foods (XTAE:GSFI) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is Gan Shmuel Foods Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Gan Shmuel Foods's Goodwill for the quarter that ended in Jun. 2024 was ₪0 Mil. Gan Shmuel Foods's Total Assets for the quarter that ended in Jun. 2024 was ₪908 Mil. Therefore, Gan Shmuel Foods's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


Gan Shmuel Foods Goodwill-to-Asset Historical Data

The historical data trend for Gan Shmuel Foods'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.

Gan Shmuel Foods Goodwill-to-Asset Chart

Gan Shmuel Foods 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 0.02 0.02 0.02 0.02 0.02

Gan Shmuel Foods Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 - - 0.02 - -

Competitive Comparison of Gan Shmuel Foods's Goodwill-to-Asset

For the Beverages - Non-Alcoholic subindustry, Gan Shmuel Foods'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.


Gan Shmuel Foods's Goodwill-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Gan Shmuel Foods's Goodwill-to-Asset distribution charts can be found below:

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



Gan Shmuel Foods 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.

Gan Shmuel Foods'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
=18.245/822.214
=0.02

Gan Shmuel Foods'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
=0/908.009
=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.


Gan Shmuel Foods  (XTAE:GSFI) 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.


Gan Shmuel Foods Goodwill-to-Asset Related Terms

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Gan Shmuel Foods Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Gan Shmuel, Hefer, ISR
Gan Shmuel Foods Ltd is an Israel based company, engages in the manufacture and sale of citrus fruits for the beverage and food industry. Its products include natural juices, concentrated citrus juices, crystal clear concentrated juices, cloudy citrus concentrates, comminuted citrus juices, citrus bases, pineapple and tropical fruit blends, and tomato products. The company is also involved in providing fruit and vegetable solutions.

Gan Shmuel Foods Headlines

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