GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Raizen SA (BSP:RAIZ4) » Definitions » Goodwill

Raizen (BSP:RAIZ4) Goodwill : R$3,395 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Raizen Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Raizen's goodwill for the quarter that ended in Dec. 2023 was R$3,395 Mil.


Raizen Goodwill Historical Data

The historical data trend for Raizen's Goodwill 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.

Raizen Goodwill Chart

Raizen Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,189.89 2,208.83 780.02 3,504.10 3,429.96

Raizen Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
Goodwill 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 3,492.53 3,397.30 3,438.61 3,429.96 3,394.98

Raizen Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Raizen  (BSP:RAIZ4) Goodwill Explanation

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.

Raizen's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill-to-Asset (A: Mar. 2023 )=Goodwill/Total Assets
=3429.96/111551.463
=0.03

Raizen's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=3394.98/125520.596
=0.03

* 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.

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.


Raizen Goodwill Related Terms

Thank you for viewing the detailed overview of Raizen's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Raizen (BSP:RAIZ4) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Almirante Barroso, 81, 36th floor, room 32B109, Rio de Janeiro, RJ, BRA, 20031-004
Raizen SA is an integrated energy company. Its operating model involves the production and sale of renewable energy and sugar from sugarcane to the delivery of this energy to different parts of the world. The Company's main activities are the distribution and sale of fossil and renewable fuels, the production and sale of automotive and industrial lubricants, oil refining, and operations related to convenience stores. The company operates in three reportable segments Marketing and Services: Sugar, and Renewables. The Marketing and Services segment refers to the trading and sale activities of fossil and renewable fuels and lubricants, through a franchised network of service stations under the Shell brand in all the national territory and Latin America, operating in Argentina and Paraguay.

Raizen (BSP:RAIZ4) Headlines

No Headlines