Kelington Group Bhd (XKLS:0151) Goodwill-to-Asset

: 0.01 (As of Sep. 2023)

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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Kelington Group Bhd's Goodwill for the quarter that ended in Sep. 2023 was RM7 Mil. Kelington Group Bhd's Total Assets for the quarter that ended in Sep. 2023 was RM1,066 Mil. Therefore, Kelington Group Bhd's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.01.

Kelington Group Bhd Goodwill-to-Asset Historical Data

The historical data trend for Kelington Group Bhd'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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Kelington Group Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Goodwill-to-Asset

0.03

0.02

0.01

Kelington Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Goodwill-to-Asset																0.01	0.01	0.01	0.01	0.01

Competitive Comparison

For the Engineering & Construction subindustry, Kelington Group Bhd'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.

Kelington Group Bhd Goodwill-to-Asset Distribution

For the Construction industry and Industrials sector, Kelington Group Bhd's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Kelington Group Bhd's Goodwill-to-Asset falls into.

Kelington Group Bhd 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.

Kelington Group Bhd'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
	=	6.83	/	1055.641
	=	0.01

Kelington Group Bhd's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )	=	Goodwill	/	Total Assets
	=	7.17	/	1065.868
	=	0.01

Kelington Group Bhd (XKLS:0151) 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.

Kelington Group Bhd Goodwill-to-Asset Related Terms

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Kelington Group Bhd (XKLS:0151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kelington Group Bhd (XKLS:0151) » Definitions » Goodwill-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Jalan Astaka U8/83, Section U8, Bukit Jelutong Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.kelington-group.com

Kelington Group Bhd is principally engaged in the businesses of providing engineering services, construction, and general trading. Its segments include Manufacturing and trading segment which is involved in the manufacturing and trading of industrial gases and materials for contracts; Service segment which is involved in the provision of scientific and technical researches, laboratory testing service and experiments; and Construction segment which is involved in the provision of engineering services and construction and generates majority revenue for the company. Geographically, the company operates in Malaysia, Singapore, PRC and Others.

Kelington Group Bhd (XKLS:0151) Headlines

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