Groupe Okwind (XPAR:ALOKW) Goodwill-to-Asset

: 0.07 (As of Jun. 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. Groupe Okwind's Goodwill for the quarter that ended in Jun. 2023 was €4.96 Mil. Groupe Okwind's Total Assets for the quarter that ended in Jun. 2023 was €74.44 Mil. Therefore, Groupe Okwind's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 was 0.07.

Groupe Okwind Goodwill-to-Asset Historical Data

The historical data trend for Groupe Okwind'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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Groupe Okwind Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Goodwill-to-Asset

0.28

0.21

0.17

0.08

Groupe Okwind Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Goodwill-to-Asset	0.21	0.17	-	0.08	0.07

Competitive Comparison

For the Utilities - Renewable subindustry, Groupe Okwind'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.

Groupe Okwind Goodwill-to-Asset Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Groupe Okwind's Goodwill-to-Asset distribution charts can be found below:

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

Groupe Okwind 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.

Groupe Okwind'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
	=	4.96	/	62.83
	=	0.08

Groupe Okwind'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
	=	4.96	/	74.441
	=	0.07

Groupe Okwind (XPAR:ALOKW) 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.

Groupe Okwind Goodwill-to-Asset Related Terms

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Groupe Okwind (XPAR:ALOKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Groupe Okwind SA (XPAR:ALOKW) » Definitions » Goodwill-to-Asset

Traded in Other Exchanges

N/A

Address

Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA

Website

https://www.okwind.fr

Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (XPAR:ALOKW) Headlines

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