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SUIC Worldwide Holdings (SUIC Worldwide Holdings) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is SUIC Worldwide Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. SUIC Worldwide Holdings's Goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil. SUIC Worldwide Holdings's Total Assets for the quarter that ended in Mar. 2024 was $0.41 Mil. Therefore, SUIC Worldwide Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


SUIC Worldwide Holdings Goodwill-to-Asset Historical Data

The historical data trend for SUIC Worldwide 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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SUIC Worldwide Holdings Goodwill-to-Asset Chart

SUIC Worldwide Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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SUIC Worldwide Holdings 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 SUIC Worldwide Holdings's Goodwill-to-Asset

For the Information Technology Services subindustry, SUIC Worldwide 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.


SUIC Worldwide Holdings's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, SUIC Worldwide Holdings's Goodwill-to-Asset distribution charts can be found below:

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



SUIC Worldwide 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.

SUIC Worldwide Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/0.384
=0.00

SUIC Worldwide 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
=0/0.413
=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.


SUIC Worldwide Holdings  (OTCPK:SUIC) 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.


SUIC Worldwide Holdings Goodwill-to-Asset Related Terms

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SUIC Worldwide Holdings (SUIC Worldwide Holdings) Business Description

Traded in Other Exchanges
N/A
Address
136-20 38th Avenue, Unit 3G, Flushing, NY, USA, 11354
SUIC Worldwide Holdings Ltd provides research and development, venture financing for, and investing in private enterprises and the public sector that develops products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services.
Executives
Jianye Wang 10 percent owner 47 HUAGONG ROAD, ZHAO DONG CITY, HEILONGJIANG F4 151100
Haipeng Wang director, 10 percent owner, officer: VP, Global Energy Services 136-20 39TH AVENUE, UNIT 3G, FLUSHING NY 11354

SUIC Worldwide Holdings (SUIC Worldwide Holdings) Headlines

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