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Allianz Ayudhya Capital (BKK:AYUD) Goodwill-to-Asset : 0.08 (As of Mar. 2024)


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What is Allianz Ayudhya Capital Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Allianz Ayudhya Capital's Goodwill for the quarter that ended in Mar. 2024 was ฿1,926 Mil. Allianz Ayudhya Capital's Total Assets for the quarter that ended in Mar. 2024 was ฿25,658 Mil. Therefore, Allianz Ayudhya Capital's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.08.


Allianz Ayudhya Capital Goodwill-to-Asset Historical Data

The historical data trend for Allianz Ayudhya Capital'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.

Allianz Ayudhya Capital Goodwill-to-Asset Chart

Allianz Ayudhya Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.09 0.08

Allianz Ayudhya Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.08 0.08 0.09 0.08 0.08

Competitive Comparison of Allianz Ayudhya Capital's Goodwill-to-Asset

For the Insurance - Property & Casualty subindustry, Allianz Ayudhya Capital'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.


Allianz Ayudhya Capital's Goodwill-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allianz Ayudhya Capital's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Allianz Ayudhya Capital's Goodwill-to-Asset falls into.



Allianz Ayudhya Capital 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.

Allianz Ayudhya Capital's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1926.1/23091.615
=0.08

Allianz Ayudhya Capital's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=1926.1/25658.365
=0.08

* 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.


Allianz Ayudhya Capital  (BKK:AYUD) 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.


Allianz Ayudhya Capital Goodwill-to-Asset Related Terms

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Allianz Ayudhya Capital (BKK:AYUD) Business Description

Traded in Other Exchanges
N/A
Address
898 Ploenchit Road, Ploenchit Tower, 7th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Allianz Ayudhya Capital PLC is an investment holding company. The company is engaged in providing individual insurance such as motor insurance, personal accidents insurance, travel accidents insurance, fire insurance, cancer insurance and others. It is involved in non-life insurance business covering for loss or damage of insured properties, such as constructions, commercial and residential buildings, factories, and merchandise, marine and transportation insurance. The company is operating in three principal business segments Non-life insurance business, Service business and Investment business, which are only organized and managed in a single geographic area, namely in Thailand.

Allianz Ayudhya Capital (BKK:AYUD) Headlines

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