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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Goodwill-to-Asset : 0.06 (As of Dec. 2023)


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What is A. P. Moller Maersk A/S Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. A. P. Moller Maersk A/S's Goodwill for the quarter that ended in Dec. 2023 was $5,161 Mil. A. P. Moller Maersk A/S's Total Assets for the quarter that ended in Dec. 2023 was $82,100 Mil. Therefore, A. P. Moller Maersk A/S's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.


A. P. Moller Maersk A/S Goodwill-to-Asset Historical Data

The historical data trend for A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S Goodwill-to-Asset Chart

A. P. Moller Maersk A/S 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 0.01 0.02 0.02 0.06 0.06

A. P. Moller Maersk A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.06 - - - 0.06

Competitive Comparison of A. P. Moller Maersk A/S's Goodwill-to-Asset

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.


A. P. Moller Maersk A/S's Goodwill-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where A. P. Moller Maersk A/S's Goodwill-to-Asset falls into.



A. P. Moller Maersk A/S 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.

A. P. Moller Maersk A/S'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
=5161/82100
=0.06

A. P. Moller Maersk A/S's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=5161/82100
=0.06

* 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.


A. P. Moller Maersk A/S  (OTCPK:AMKBF) 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.


A. P. Moller Maersk A/S Goodwill-to-Asset Related Terms

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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description

Address
Esplanaden 50, Copenhagen, DNK, DK-1098
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Headlines

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