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Transtech Optelecom Science Holdings (HKSE:09963) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Transtech Optelecom Science Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Transtech Optelecom Science Holdings's Goodwill for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Transtech Optelecom Science Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$517.1 Mil. Therefore, Transtech Optelecom Science Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Transtech Optelecom Science Holdings Goodwill-to-Asset Historical Data

The historical data trend for Transtech Optelecom Science Holdings'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.

Transtech Optelecom Science Holdings Goodwill-to-Asset Chart

Transtech Optelecom Science Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Transtech Optelecom Science Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Transtech Optelecom Science Holdings's Goodwill-to-Asset

For the Communication Equipment subindustry, Transtech Optelecom Science Holdings'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.


Transtech Optelecom Science Holdings's Goodwill-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Transtech Optelecom Science Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Transtech Optelecom Science Holdings's Goodwill-to-Asset falls into.



Transtech Optelecom Science Holdings 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.

Transtech Optelecom Science Holdings'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
=0/517.106
=0.00

Transtech Optelecom Science Holdings'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
=0/517.106
=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.


Transtech Optelecom Science Holdings  (HKSE:09963) 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.


Transtech Optelecom Science Holdings Goodwill-to-Asset Related Terms

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Transtech Optelecom Science Holdings (HKSE:09963) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Transtech Optelecom Science Holdings Ltd is a part of the telecommunication industry. The company has two segments namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. Majority of the revenue is earned from Thailand.

Transtech Optelecom Science Holdings (HKSE:09963) Headlines

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