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Microequities Asset Management Group (ASX:MAM) Goodwill-to-Asset : 0.00 (As of Jun. 2023)


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What is Microequities Asset Management Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Microequities Asset Management Group's Goodwill for the quarter that ended in Jun. 2023 was A$0.00 Mil. Microequities Asset Management Group's Total Assets for the quarter that ended in Jun. 2023 was A$21.72 Mil. Therefore, Microequities Asset Management Group's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 was 0.00.


Microequities Asset Management Group Goodwill-to-Asset Historical Data

The historical data trend for Microequities Asset Management Group'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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Microequities Asset Management Group Goodwill-to-Asset Chart

Microequities Asset Management Group Annual Data
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Microequities Asset Management Group Semi-Annual Data
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Competitive Comparison of Microequities Asset Management Group's Goodwill-to-Asset

For the Asset Management subindustry, Microequities Asset Management Group'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.


Microequities Asset Management Group's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Microequities Asset Management Group's Goodwill-to-Asset distribution charts can be found below:

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



Microequities Asset Management Group 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.

Microequities Asset Management Group's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill to Asset (A: Jun. 2023 )=Goodwill/Total Assets
=0/21.721
=0.00

Microequities Asset Management Group'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
=0/21.721
=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.


Microequities Asset Management Group  (ASX:MAM) 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.


Microequities Asset Management Group Goodwill-to-Asset Related Terms

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Microequities Asset Management Group (ASX:MAM) Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Suite 3105, Level 31, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Microequities Asset Management Group Ltd is an asset management firm. It provides various funds such as Deep value fund, High-income value microcap fund, Global value microcap fund, and others. The company derives income from three sources: Management Fees, Performance Fees, and other revenue which are derived based on the performance of each Fund on an individual investor basis.

Microequities Asset Management Group (ASX:MAM) Headlines

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