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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Svenska Handelsbanken AB Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Svenska Handelsbanken AB's Goodwill for the quarter that ended in Mar. 2024 was $420 Mil. Svenska Handelsbanken AB's Total Assets for the quarter that ended in Mar. 2024 was $360,790 Mil. Therefore, Svenska Handelsbanken AB's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Svenska Handelsbanken AB Goodwill-to-Asset Historical Data

The historical data trend for Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB Goodwill-to-Asset Chart

Svenska Handelsbanken AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Svenska Handelsbanken AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Svenska Handelsbanken AB's Goodwill-to-Asset

For the Banks - Diversified subindustry, Svenska Handelsbanken AB'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.


Svenska Handelsbanken AB's Goodwill-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Svenska Handelsbanken AB's Goodwill-to-Asset falls into.



Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB'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
=424.661/344894.712
=0.00

Svenska Handelsbanken AB's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=419.544/360789.527
=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.


Svenska Handelsbanken AB  (OTCPK:SVNLY) 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.


Svenska Handelsbanken AB Goodwill-to-Asset Related Terms

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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Headlines

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