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Autoserver Co (TSE:5589) Goodwill-to-Asset : 0.18 (As of Dec. 2023)


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What is Autoserver Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Autoserver Co's Goodwill for the quarter that ended in Dec. 2023 was 円2,954 Mil. Autoserver Co's Total Assets for the quarter that ended in Dec. 2023 was 円16,738 Mil. Therefore, Autoserver Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.18.


Autoserver Co Goodwill-to-Asset Historical Data

The historical data trend for Autoserver Co'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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Autoserver Co Goodwill-to-Asset Chart

Autoserver Co Annual Data
Trend Dec21 Dec22 Dec23
Goodwill-to-Asset
0.26 0.22 0.18

Autoserver Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23
Goodwill-to-Asset 0.26 0.22 0.18 0.15 0.18

Competitive Comparison of Autoserver Co's Goodwill-to-Asset

For the Auto & Truck Dealerships subindustry, Autoserver Co'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.


Autoserver Co's Goodwill-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoserver Co's Goodwill-to-Asset distribution charts can be found below:

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



Autoserver Co 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.

Autoserver Co'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
=2953.94/16738.179
=0.18

Autoserver Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=2953.94/16738.179
=0.18

* 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.


Autoserver Co  (TSE:5589) 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.


Autoserver Co Goodwill-to-Asset Related Terms

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Autoserver Co (TSE:5589) Business Description

Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053
Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

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