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Nalin Lease Finance (BOM:531212) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Nalin Lease Finance Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Nalin Lease Finance's Goodwill for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Nalin Lease Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹372.40 Mil. Therefore, Nalin Lease Finance's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Nalin Lease Finance Goodwill-to-Asset Historical Data

The historical data trend for Nalin Lease Finance'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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Nalin Lease Finance Goodwill-to-Asset Chart

Nalin Lease Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
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Nalin Lease Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Nalin Lease Finance's Goodwill-to-Asset

For the Credit Services subindustry, Nalin Lease Finance'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.


Nalin Lease Finance's Goodwill-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nalin Lease Finance's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Nalin Lease Finance's Goodwill-to-Asset falls into.



Nalin Lease Finance 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.

Nalin Lease Finance's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goodwill to Asset (A: Mar. 2024 )=Goodwill/Total Assets
=0/372.4
=0.00

Nalin Lease Finance'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
=0/372.4
=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.


Nalin Lease Finance  (BOM:531212) 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.


Nalin Lease Finance Goodwill-to-Asset Related Terms

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Nalin Lease Finance (BOM:531212) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Nalinkant Gandhi Road, Ground Floor, Gandhi Nursing Home Building, Sabarkantha, Himatnagar, GJ, IND, 383001
Nalin Lease Finance Ltd is engaged in providing a wide range of fund-based services including vehicle loans, business loans and many more. It is also engaged in the gold loan business offering loans against gold ornaments. It is engaged primarily in the business of "Financing".

Nalin Lease Finance (BOM:531212) Headlines

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