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Swire Properties (HKSE:01972) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Swire Properties Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Swire Properties's Goodwill for the quarter that ended in Dec. 2023 was HK$1,341 Mil. Swire Properties's Total Assets for the quarter that ended in Dec. 2023 was HK$354,488 Mil. Therefore, Swire Properties's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Swire Properties Goodwill-to-Asset Historical Data

The historical data trend for Swire Properties'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.

Swire Properties Goodwill-to-Asset Chart

Swire Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Swire Properties Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Swire Properties's Goodwill-to-Asset

For the Real Estate Services subindustry, Swire Properties'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.


Swire Properties's Goodwill-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Swire Properties's Goodwill-to-Asset distribution charts can be found below:

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



Swire Properties 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.

Swire Properties'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
=1341/354488
=0.00

Swire Properties'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
=1341/354488
=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.


Swire Properties  (HKSE:01972) 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.


Swire Properties Goodwill-to-Asset Related Terms

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Swire Properties (HKSE:01972) Business Description

Traded in Other Exchanges
Address
88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Properties is a Hong Kong-based property investor, and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of Grade A office contributing more than 9 million square feet. The firm also holds investment properties and development projects in China, the United States and Southeast Asia. Rental income accounts for over 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 82% stake.

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