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Tatneft PJSC (Tatneft PJSC) Goodwill-to-Asset : 0.00 (As of Jun. 2022)


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What is Tatneft PJSC Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tatneft PJSC's Goodwill for the quarter that ended in Jun. 2022 was $0 Mil. Tatneft PJSC's Total Assets for the quarter that ended in Jun. 2022 was $25,945 Mil.


Tatneft PJSC Goodwill-to-Asset Historical Data

The historical data trend for Tatneft PJSC'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.

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Tatneft PJSC Goodwill-to-Asset Chart

Tatneft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Goodwill-to-Asset
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Tatneft PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22
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Competitive Comparison of Tatneft PJSC's Goodwill-to-Asset

For the Oil & Gas Integrated subindustry, Tatneft PJSC'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.


Tatneft PJSC's Goodwill-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tatneft PJSC's Goodwill-to-Asset distribution charts can be found below:

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



Tatneft PJSC 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.

Tatneft PJSC's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill to Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/20319.051
=0.00

Tatneft PJSC's Goodwill to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Goodwill to Asset (Q: Jun. 2022 )=Goodwill/Total Assets
=0/25945.362
=

* 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.


Tatneft PJSC  (OTCPK:OAOFY) 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.


Tatneft PJSC Goodwill-to-Asset Related Terms

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Tatneft PJSC (Tatneft PJSC) Business Description

Traded in Other Exchanges
N/A
Address
75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.

Tatneft PJSC (Tatneft PJSC) Headlines

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