Akzo Nobel NV (XAMS:AKZA) Goodwill-to-Asset

: 0.09 (As of Dec. 2022)

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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Akzo Nobel NV's Goodwill for the quarter that ended in Dec. 2022 was €1,377 Mil. Akzo Nobel NV's Total Assets for the quarter that ended in Dec. 2022 was €14,741 Mil. Therefore, Akzo Nobel NV's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 was 0.09.

Akzo Nobel NV Goodwill-to-Asset Historical Data

The historical data trend for Akzo Nobel 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.

Akzo Nobel NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Goodwill-to-Asset

0.05

0.08

0.09

Akzo Nobel NV Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Goodwill-to-Asset																0.08	-	-	-	0.09

Competitive Comparison

For the Specialty Chemicals subindustry, Akzo Nobel 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.

Annual Data Quarterly Data

Akzo Nobel NV Goodwill-to-Asset Distribution

For the Chemicals industry and Basic Materials sector, Akzo Nobel NV's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Akzo Nobel NV's Goodwill-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Goodwill-to-Asset's extreme value range as defined by GuruFocus.

Akzo Nobel 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.

Akzo Nobel 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
	=	1377	/	14741
	=	0.09

Akzo Nobel NV's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill to Asset (Q: Dec. 2022 )	=	Goodwill	/	Total Assets
	=	1377	/	14741
	=	0.09

Akzo Nobel NV (XAMS:AKZA) 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.

Akzo Nobel NV Goodwill-to-Asset Related Terms

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Akzo Nobel NV (XAMS:AKZA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (XAMS:AKZA) » Definitions » Goodwill-to-Asset

Comparable Companies

Traded in Other Exchanges

AKZOY:USA AKZOF:USA 0LND:UK AKU1:Germany AKZO:Austria

Address

Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW

Website

https://www.akzonobel.com

Netherlands-based AkzoNobel is one of the world's largest paint and coatings producers. Around 35% of sales are generated in mature Europe, while its Asia-Pacific division has grown quickly to more than 30% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

Akzo Nobel NV (XAMS:AKZA) Headlines

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