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Telenet Group Holding NV (Telenet Group Holding NV) Goodwill-to-Asset : 0.25 (As of Jun. 2023)


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What is Telenet Group Holding NV Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Telenet Group Holding NV's Goodwill for the quarter that ended in Jun. 2023 was $1,974 Mil. Telenet Group Holding NV's Total Assets for the quarter that ended in Jun. 2023 was $8,037 Mil. Therefore, Telenet Group Holding NV's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 was 0.25.


Telenet Group Holding NV Goodwill-to-Asset Historical Data

The historical data trend for Telenet Group Holding NV'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.

Telenet Group Holding NV Goodwill-to-Asset Chart

Telenet Group Holding NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.32 0.32 0.33 0.24

Telenet Group Holding NV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.27 0.24 0.24 0.25 0.25

Competitive Comparison of Telenet Group Holding NV's Goodwill-to-Asset

For the Telecom Services subindustry, Telenet Group Holding NV'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.


Telenet Group Holding NV's Goodwill-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telenet Group Holding NV's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Telenet Group Holding NV's Goodwill-to-Asset falls into.



Telenet Group Holding NV 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.

Telenet Group Holding NV's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=1938.136/8036.864
=0.24

Telenet Group Holding NV's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill to Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=1974.215/8037.486
=0.25

* 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.


Telenet Group Holding NV  (OTCPK:TLGHY) 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.


Telenet Group Holding NV Goodwill-to-Asset Related Terms

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Telenet Group Holding NV (Telenet Group Holding NV) Business Description

Traded in Other Exchanges
N/A
Address
Liersesteenweg 4, Antwerpen, Mechelen, BEL, 2800
Telenet Group Holding NV is a Belgian triple-play telecommunications company. Telenet generates revenue from the provision of broadband services, fixed services, mobile services as well as pay-TV services. Of the subscriber base, the majority receive all three solutions from the company. However, from a product revenue perspective, the company derives the majority of overall revenue from video and broadband services. Both video and Internet services are delivered via the company's owned hybrid fiber-coaxial infrastructure. Telenet operates in both Belgium and Luxembourg.

Telenet Group Holding NV (Telenet Group Holding NV) Headlines