GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (MIL:FBK) » Definitions » Goodwill-to-Asset

FinecoBank SpA (MIL:FBK) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is FinecoBank SpA Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. FinecoBank SpA's Goodwill for the quarter that ended in Dec. 2023 was €89.6 Mil. FinecoBank SpA's Total Assets for the quarter that ended in Dec. 2023 was €33,315.7 Mil. Therefore, FinecoBank SpA's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


FinecoBank SpA Goodwill-to-Asset Historical Data

The historical data trend for FinecoBank SpA'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.

FinecoBank SpA Goodwill-to-Asset Chart

FinecoBank SpA 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 - - - - -

FinecoBank SpA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 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 FinecoBank SpA's Goodwill-to-Asset

For the Banks - Regional subindustry, FinecoBank SpA'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.


FinecoBank SpA's Goodwill-to-Asset Distribution in the Banks Industry

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

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



FinecoBank SpA 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.

FinecoBank SpA'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
=89.6/33315.7
=0.00

FinecoBank SpA'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
=89.6/33315.7
=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.


FinecoBank SpA  (MIL:FBK) 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.


FinecoBank SpA Goodwill-to-Asset Related Terms

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


FinecoBank SpA (MIL:FBK) Business Description

Traded in Other Exchanges
Address
Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.