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Indergiri Finance (BOM:531505) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Indergiri Finance Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Indergiri Finance's Goodwill for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Indergiri Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹83.62 Mil. Therefore, Indergiri Finance's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Indergiri Finance Goodwill-to-Asset Historical Data

The historical data trend for Indergiri 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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Indergiri Finance Goodwill-to-Asset Chart

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

For the Asset Management subindustry, Indergiri 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.


Indergiri Finance's Goodwill-to-Asset Distribution in the Asset Management Industry

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

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



Indergiri 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.

Indergiri 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
=0/83.624
=0.00

Indergiri 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
=0/83.624
=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.


Indergiri Finance  (BOM:531505) 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.


Indergiri Finance Goodwill-to-Asset Related Terms

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Indergiri Finance (BOM:531505) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Unit No. 806, B Wing 8th Floor, Kanakia Wall Street, Chakala, Andheri East, Mumbai, MH, IND, 400093
Indergiri Finance Ltd is a non-banking finance company (NBFC). It is engaged in fund base business activities of leasing, hire purchase, lending, and investment besides non-fund based business activities like merchant banking, syndication, and arrangement of finance etc. The company operates mainly in the business segment of fund based financing activity. All activities of the business are carried out within India.

Indergiri Finance (BOM:531505) Headlines

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