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Vistar Holdings (HKSE:08535) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


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What is Vistar Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Vistar Holdings's Goodwill for the quarter that ended in Sep. 2023 was HK$0.0 Mil. Vistar Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$273.4 Mil. Therefore, Vistar Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.00.


Vistar Holdings Goodwill-to-Asset Historical Data

The historical data trend for Vistar 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.

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Vistar Holdings Goodwill-to-Asset Chart

Vistar Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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Vistar Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Vistar Holdings's Goodwill-to-Asset

For the Security & Protection Services subindustry, Vistar 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.


Vistar Holdings's Goodwill-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vistar Holdings's Goodwill-to-Asset distribution charts can be found below:

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



Vistar 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.

Vistar Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=0/274.308
=0.00

Vistar Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/273.372
=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.


Vistar Holdings  (HKSE:08535) 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.


Vistar Holdings Goodwill-to-Asset Related Terms

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Vistar Holdings (HKSE:08535) Business Description

Traded in Other Exchanges
N/A
Address
27 Lee Chung Street, Unit 2, 13th Floor, Tak King Industrial Building, Chai Wan, Hong Kong, HKG
Vistar Holdings Ltd is engaged in the provision of electrical and mechanical engineering services in Hong Kong. The company operates through three segments, namely, Installation, Alteration, addition works, and Maintenance services. Its Installation segment is involved in the supply and carrying out of installation services; Its Alteration and addition work segment provides modification and additional work on the existing fire service systems. Its Maintenance services segment comprises of support and repair of fire service systems for existing buildings. The group derives its majority revenue from Hong Kong.
Executives
Noble Capital Concept Limited
Poon Ching Tong Tommy 2201 Interest of corporation controlled by you
Success Step Management Limited 2501 Other
Legend Advanced Limited 2101 Beneficial owner
Roberts Christopher John 2202 Interest of your spouse
Deng Anna Man Li 2202 Interest of your spouse
Poon Ken Ching Keung 2201 Interest of corporation controlled by you
Poon Kam Yee Odilia 2201 Interest of corporation controlled by you

Vistar Holdings (HKSE:08535) Headlines

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