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Abans Holdings (NSE:AHL) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Abans Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Abans Holdings's Goodwill for the quarter that ended in Mar. 2024 was ₹57 Mil. Abans Holdings's Total Assets for the quarter that ended in Mar. 2024 was ₹28,974 Mil. Therefore, Abans Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Abans Holdings Goodwill-to-Asset Historical Data

The historical data trend for Abans 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.

* Premium members only.

Abans Holdings Goodwill-to-Asset Chart

Abans Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Goodwill-to-Asset
0.01 0.01 0.01 - -

Abans Holdings Quarterly Data
Mar20 Mar21 Mar22 Aug22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Abans Holdings's Goodwill-to-Asset

For the Capital Markets subindustry, Abans 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.


Abans Holdings's Goodwill-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abans Holdings's Goodwill-to-Asset distribution charts can be found below:

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



Abans 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.

Abans Holdings'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
=56.79/28973.918
=0.00

Abans Holdings'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
=56.79/28973.918
=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.


Abans Holdings  (NSE:AHL) 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.


Abans Holdings Goodwill-to-Asset Related Terms

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Abans Holdings (NSE:AHL) Business Description

Traded in Other Exchanges
Address
Backbay Reclamation, 36, 37, 38A, Floor 3, 227 Nariman Bhavan, Nariman Point, Mumbai, MH, IND, 400 021
Abans Holdings Ltd is engaged in providing financial services. The principal activities of the Company consist of general trading of agri commodities, precious metals, trading In debentures, securities, and derivative contracts on recognized stock exchanges. The company is also engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance, and providing Business & Retail Loans, unsecured as well as secured against collateral security of immovable property, agricultural stocks, liquid assets like shares, other financial assets, etc. The operating segments are; Agency business, Internal treasury operations, Lending activities, and Others. The majority of its revenue is derived from the Internal treasury operations segment.

Abans Holdings (NSE:AHL) Headlines

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