GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerzbank AG (OTCPK:CRZBF) » Definitions » Goodwill-to-Asset

Commerzbank AG (Commerzbank AG) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Commerzbank AG Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Commerzbank AG's Goodwill for the quarter that ended in Dec. 2023 was $0 Mil. Commerzbank AG's Total Assets for the quarter that ended in Dec. 2023 was $563,976 Mil. Therefore, Commerzbank AG's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Commerzbank AG Goodwill-to-Asset Historical Data

The historical data trend for Commerzbank AG'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.

Commerzbank AG Goodwill-to-Asset Chart

Commerzbank AG 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 - - - - -

Commerzbank AG 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 - - - - -

Competitive Comparison of Commerzbank AG's Goodwill-to-Asset

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commerzbank AG's Goodwill-to-Asset distribution charts can be found below:

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



Commerzbank AG 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.

Commerzbank AG'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
=0/563976.009
=0.00

Commerzbank AG'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
=0/563976.009
=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.


Commerzbank AG  (OTCPK:CRZBF) 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.


Commerzbank AG Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Commerzbank AG's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Commerzbank AG (Commerzbank AG) Business Description

Address
Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

Commerzbank AG (Commerzbank AG) Headlines

From GuruFocus

Go Global for Profits

By Tim Melvin Tim Melvin 09-23-2013

Shipping Potential: To Follow or Not to Follow Wilbur Ross?

By Tim Melvin Tim Melvin 08-27-2013