YGFGF (YanGuFang International Group Co) Goodwill-to-Asset: 0.00 (As of Dec. 2022)

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What is YanGuFang International Group Co Goodwill-to-Asset?

YanGuFang International Group Co YGFGF Goodwill-to-Asset is 0.00 as of Dec. 2022.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. YanGuFang International Group Co's Goodwill for the quarter that ended in Dec. 2022 was $0.00 Mil. YanGuFang International Group Co's Total Assets for the quarter that ended in Dec. 2022 was $72.13 Mil. Therefore, YanGuFang International Group Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 was 0.00.


YanGuFang International Group Co  (OTCPK:YGFGF) 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.


YanGuFang International Group Co Goodwill-to-Asset Related Terms


YanGuFang International Group Co Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for YanGuFang International Group Co'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.

YanGuFang International Group Co Goodwill-to-Asset Chart

YanGuFang International Group Co Annual Data
Trend Jun20 Jun21 Jun22
Goodwill-to-Asset
0.00 0.00 0.00

YanGuFang International Group Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Goodwill-to-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

YGFGF vs BRID, LFVN, FTLF: Goodwill-to-Asset Comparison

For the Packaged Foods subindustry, YanGuFang International Group Co'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.


YanGuFang International Group Co Goodwill-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, YanGuFang International Group Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where YanGuFang International Group Co's Goodwill-to-Asset falls into.



YanGuFang International Group Co 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.

YanGuFang International Group Co's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Goodwill to Asset (A: Jun. 2022 )=Goodwill/Total Assets
=0/65.545
=0.00

YanGuFang International Group Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill to Asset (Q: Dec. 2022 )=Goodwill/Total Assets
=0/72.13
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
YanGuFang International Group Co (YGFGF) has a Goodwill-to-Asset of 0.00 as of Dec. 2022. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on YanGuFang International Group Co and its competitors.
Is YanGuFang International Group Co's Goodwill-to-Asset too high?
YanGuFang International Group Co's current Goodwill-to-Asset is 0.00.
How does YanGuFang International Group Co's Goodwill-to-Asset compare to BRID and LFVN?
YanGuFang International Group Co's Goodwill-to-Asset of 0.00 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Goodwill-to-Asset depends on the Consumer Packaged Goods 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 YanGuFang International Group Co and its competitors. YanGuFang International Group Co'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 YanGuFang International Group Co stock overvalued right now?
YanGuFang International Group Co (YGFGF) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 YanGuFang International Group Co (YGFGF), the current Goodwill-to-Asset is 0.00 as of Dec. 2022. 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.

YanGuFang International Group Co Business Description

Address 33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100
YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.