GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Regional Express Holdings Ltd (ASX:REX) » Definitions » Goodwill-to-Asset

Regional Express Holdings (ASX:REX) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Regional Express Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Regional Express Holdings's Goodwill for the quarter that ended in Dec. 2023 was A$0.0 Mil. Regional Express Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$737.2 Mil. Therefore, Regional Express Holdings's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Regional Express Holdings Goodwill-to-Asset Historical Data

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Goodwill-to-Asset Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Goodwill-to-Asset 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 - - - - -

Competitive Comparison of Regional Express Holdings's Goodwill-to-Asset

For the Airlines subindustry, Regional Express Holdings'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.


Regional Express Holdings's Goodwill-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Regional Express Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Regional Express Holdings's Goodwill-to-Asset falls into.



Regional Express Holdings 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.

Regional Express Holdings'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
=0/652.673
=0.00

Regional Express Holdings'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
=0/737.161
=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.


Regional Express Holdings  (ASX:REX) 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.


Regional Express Holdings Goodwill-to-Asset Related Terms

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


Regional Express Holdings (ASX:REX) Business Description

Traded in Other Exchanges
N/A
Address
81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.