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OneWater Marine Goodwill-to-Asset

: 0.27 (As of Dec. 2020)
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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. OneWater Marine's Goodwill for the quarter that ended in Dec. 2020 was $147 Mil. OneWater Marine's Total Assets for the quarter that ended in Dec. 2020 was $552 Mil. Therefore, OneWater Marine's Goodwill to Asset Ratio for the quarter that ended in Dec. 2020 was 0.27.

OneWater Marine Goodwill-to-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

OneWater Marine Annual Data
Sep17 Sep18 Sep19 Sep20
Goodwill-to-Asset 0.32 0.26 0.22 0.25

OneWater Marine Quarterly Data
Sep17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Goodwill-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.20 0.22 0.25 0.27
Competitive Comparison
* 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.

OneWater Marine Goodwill-to-Asset Distribution

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


OneWater Marine 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.

OneWater Marine's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2020 is calculated as

Goodwill to Asset (A: Sep. 2020 )=Goodwill/Total Assets
=113.06/458.067
=0.25

OneWater Marine's Goodwill to Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Goodwill to Asset (Q: Dec. 2020 )=Goodwill/Total Assets
=146.56/552.337
=0.27

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

OneWater Marine  (NAS:ONEW) 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.

OneWater Marine Goodwill-to-Asset Related Terms

OneWater Marine Goodwill-to-Asset Headlines

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