Best Lease (XTUN:BL) Goodwill-to-Asset: 0.00 (As of . 20)

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XTUN:BL Best Lease SA XTUN:BL
36 GF Score
Price TND2.56
! 1 Warning Sign
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What is Best Lease Goodwill-to-Asset?

Best Lease XTUN:BL +2.81% 36 Goodwill-to-Asset is 0.00 as of . 20. GuruFocus rates XTUN:BL with a GF Score™ of 36/100. The stock has 1 warning sign investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Best Lease's Goodwill for the quarter that ended in . 20 was TND0.00 Mil. Best Lease's Total Assets for the quarter that ended in . 20 was TND0.00 Mil.

Best Lease  (XTUN:BL) 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.

Best Lease Goodwill-to-Asset Related Terms

Best Lease Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Best Lease'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.

Best Lease Goodwill-to-Asset Chart

Best Lease Annual Data
Trend
Goodwill-to-Asset

Best Lease Semi-Annual Data
Goodwill-to-Asset

XTUN:BL vs ACY: Goodwill-to-Asset Comparison

For the Rental & Leasing Services subindustry, Best Lease'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.

Best Lease Goodwill-to-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Best Lease's Goodwill-to-Asset distribution charts can be found below:

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


XTUN:BL
36GF Score
Best Lease SA XTUN:BL
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Lease 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.

Best Lease'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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=

Best Lease'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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Best Lease (XTUN:BL) has a Goodwill-to-Asset of 0.00 as of . 20. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Best Lease and its competitors.
Is Best Lease's Goodwill-to-Asset too high?
Best Lease's current Goodwill-to-Asset is 0.00. Overall, Best Lease has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Best Lease's Goodwill-to-Asset compare to ACY?
Best Lease's Goodwill-to-Asset of 0.00 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Business Services company?
A good Goodwill-to-Asset depends on the Business Services industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Best Lease and its competitors. Best Lease's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Lease stock overvalued right now?
Best Lease (XTUN:BL) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Best Lease's overall GF Score™ is 36/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Best Lease (XTUN:BL), the current Goodwill-to-Asset is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Best Lease Business Description

Address 54, Avenue Charles City, Mutual Nicolles, TUN, 1002
Best Lease SA provides leasing on movable and immovable property for commercial, industrial, agricultural, and other services use. The company also engaged in financial, industrial, or commercial operation or project directly or indirectly related to leasing.
36GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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