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Orchard Funding Group (LSE:ORCH) Goodwill-to-Asset : 0.00 (As of Jan. 2024)


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What is Orchard Funding Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Orchard Funding Group's Goodwill for the quarter that ended in Jan. 2024 was £0.00 Mil. Orchard Funding Group's Total Assets for the quarter that ended in Jan. 2024 was £66.14 Mil. Therefore, Orchard Funding Group's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 was 0.00.


Orchard Funding Group Goodwill-to-Asset Historical Data

The historical data trend for Orchard Funding Group'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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Orchard Funding Group Goodwill-to-Asset Chart

Orchard Funding Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
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Orchard Funding Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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Competitive Comparison of Orchard Funding Group's Goodwill-to-Asset

For the Credit Services subindustry, Orchard Funding Group'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.


Orchard Funding Group's Goodwill-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Orchard Funding Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Orchard Funding Group's Goodwill-to-Asset falls into.



Orchard Funding Group 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.

Orchard Funding Group's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Goodwill to Asset (A: Jul. 2023 )=Goodwill/Total Assets
=0/61.877
=0.00

Orchard Funding Group's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Goodwill to Asset (Q: Jan. 2024 )=Goodwill/Total Assets
=0/66.141
=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.


Orchard Funding Group  (LSE:ORCH) 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.


Orchard Funding Group Goodwill-to-Asset Related Terms

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Orchard Funding Group (LSE:ORCH) Business Description

Traded in Other Exchanges
N/A
Address
721 Capability Green, 1st Floor, Luton, Bedfordshire, GBR, LU1 3LU
Orchard Funding Group PLC is a finance company that specializes in insurance premium finance and the professional fee funding market. The company mainly provides funding and funding support systems to clients of insurance brokers and professional firms. Orchard aims to further increase the capital base to enable to support higher levels of borrowing. Its operating business segment is lending. The company operates within the United Kingdom.

Orchard Funding Group (LSE:ORCH) Headlines

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