Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Turk Hava Yollari AO's Goodwill for the quarter that ended in Mar. 2023 was ₺513 Mil. Turk Hava Yollari AO's Total Assets for the quarter that ended in Mar. 2023 was ₺609,277 Mil.
Therefore, Turk Hava Yollari AO's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 was 0.00.
Turk Hava Yollari AO Goodwill-to-Asset Historical Data
The historical data trend for Turk Hava Yollari AO'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.
Turk Hava Yollari AO Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Goodwill-to-Asset
-
-
-
-
-
Turk Hava Yollari AO Quarterly Data
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Goodwill-to-Asset
-
-
-
-
-
Competitive Comparison
For the Airlines subindustry, Turk Hava Yollari AO'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.
Turk Hava Yollari AO Goodwill-to-Asset Distribution
For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Turk Hava Yollari AO's Goodwill-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Goodwill-to-Asset's extreme value range as defined by GuruFocus.
Turk Hava Yollari AO 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.
Turk Hava Yollari AO's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Turk Hava Yollari AO (IST:THYAO) 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.
Turk Hava Yollari AO Goodwill-to-Asset Related Terms
Thank you for viewing the detailed overview of Turk Hava Yollari AO's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Turk Hava Yollari AO (IST:THYAO) Business Description
Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
Create New Portfolio
Portfolio Contest
Personalize
Premium Gurus 
142.3 
(6.11%) Volume: 56,003,626 May. 26
Email Alerts
Stock PDF
RSS
Website
Sources
Download
Manual of Stocks™ Web APP
IST:THYAO has been successfully added to your 
