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Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Goodwill-to-Asset : 0.00 (As of Jun. 2023)


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What is Commercial International Bank - Egypt CIB Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Commercial International Bank - Egypt CIB's Goodwill for the quarter that ended in Jun. 2023 was $2 Mil. Commercial International Bank - Egypt CIB's Total Assets for the quarter that ended in Jun. 2023 was $25,777 Mil. Therefore, Commercial International Bank - Egypt CIB's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 was 0.00.


Commercial International Bank - Egypt CIB Goodwill-to-Asset Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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.

Commercial International Bank - Egypt CIB Goodwill-to-Asset Chart

Commercial International Bank - Egypt CIB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Commercial International Bank - Egypt CIB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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Competitive Comparison of Commercial International Bank - Egypt CIB's Goodwill-to-Asset

For the Banks - Regional subindustry, Commercial International Bank - Egypt CIB'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.


Commercial International Bank - Egypt CIB's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial International Bank - Egypt CIB's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Commercial International Bank - Egypt CIB's Goodwill-to-Asset falls into.



Commercial International Bank - Egypt CIB 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.

Commercial International Bank - Egypt CIB'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
=0/27046.464
=0.00

Commercial International Bank - Egypt CIB's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill to Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=2.449/25776.531
=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.


Commercial International Bank - Egypt CIB  (OTCPK:CIBEY) 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.


Commercial International Bank - Egypt CIB Goodwill-to-Asset Related Terms

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Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Business Description

Traded in Other Exchanges
Address
21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY
Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Headlines

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