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Hyuga Primary Care Co (TSE:7133) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Hyuga Primary Care Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Hyuga Primary Care Co's Goodwill for the quarter that ended in Dec. 2023 was 円0 Mil. Hyuga Primary Care Co's Total Assets for the quarter that ended in Dec. 2023 was 円3,915 Mil. Therefore, Hyuga Primary Care Co's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Hyuga Primary Care Co Goodwill-to-Asset Historical Data

The historical data trend for Hyuga Primary Care 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.

* Premium members only.

Hyuga Primary Care Co Goodwill-to-Asset Chart

Hyuga Primary Care Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Goodwill-to-Asset
0.07 0.03 0.03 0.03

Hyuga Primary Care Co Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.03 - - -

Competitive Comparison of Hyuga Primary Care Co's Goodwill-to-Asset

For the Medical Care Facilities subindustry, Hyuga Primary Care 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.


Hyuga Primary Care Co's Goodwill-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hyuga Primary Care Co's Goodwill-to-Asset distribution charts can be found below:

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



Hyuga Primary Care 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.

Hyuga Primary Care Co'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
=87.73/2914.911
=0.03

Hyuga Primary Care 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
=0/3915.155
=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.


Hyuga Primary Care Co  (TSE:7133) 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.


Hyuga Primary Care Co Goodwill-to-Asset Related Terms

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Hyuga Primary Care Co (TSE:7133) Business Description

Traded in Other Exchanges
N/A
Address
2-2-1 Kasugabaru Kitamachi, Fukuoka Prefecture, Kasuga, JPN
Hyuga Primary Care Co Ltd is engaged in operation of special nursing homes for the elderly, group homes, paid nursing homes with nursing care, residential area-type paid nursing homes, elderly housing with services, and small-scale multifunctional home care.

Hyuga Primary Care Co (TSE:7133) Headlines

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