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Arab Insurance Group BSC (BAH:ARIG) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Arab Insurance Group BSC Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Arab Insurance Group BSC's Goodwill for the quarter that ended in Dec. 2023 was $0.00 Mil. Arab Insurance Group BSC's Total Assets for the quarter that ended in Dec. 2023 was $412.12 Mil. Therefore, Arab Insurance Group BSC's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Arab Insurance Group BSC Goodwill-to-Asset Historical Data

The historical data trend for Arab Insurance Group BSC'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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Arab Insurance Group BSC Goodwill-to-Asset Chart

Arab Insurance Group BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Arab Insurance Group BSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Arab Insurance Group BSC's Goodwill-to-Asset

For the Insurance - Reinsurance subindustry, Arab Insurance Group BSC'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.


Arab Insurance Group BSC's Goodwill-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Arab Insurance Group BSC's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Arab Insurance Group BSC's Goodwill-to-Asset falls into.



Arab Insurance Group BSC 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.

Arab Insurance Group BSC'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
=0/412.116
=0.00

Arab Insurance Group BSC'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
=0/412.116
=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.


Arab Insurance Group BSC  (BAH:ARIG) 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.


Arab Insurance Group BSC Goodwill-to-Asset Related Terms

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Arab Insurance Group BSC (BAH:ARIG) Business Description

Traded in Other Exchanges
N/A
Address
Arig House, Road 1702, P.O. Box 26992, Building 131, Diplomatic Area 317, Manama, BHR
Arab Insurance Group BSC is an international insurance company. The company is involved in the provision of general (non-life) and life reinsurance and related service activities. Its Non-Life business consists of property; engineering; marine; accident; whole account and others. Life business mainly involves short term and long term policies. The company derives a majority of revenue from the non-life segment.

Arab Insurance Group BSC (BAH:ARIG) Headlines

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