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Daiwa House REIT Investment (TSE:8984) Goodwill-to-Asset : 0.05 (As of Aug. 2023)


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What is Daiwa House REIT Investment Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Daiwa House REIT Investment's Goodwill for the quarter that ended in Aug. 2023 was 円51,538 Mil. Daiwa House REIT Investment's Total Assets for the quarter that ended in Aug. 2023 was 円958,747 Mil. Therefore, Daiwa House REIT Investment's Goodwill to Asset Ratio for the quarter that ended in Aug. 2023 was 0.05.


Daiwa House REIT Investment Goodwill-to-Asset Historical Data

The historical data trend for Daiwa House REIT Investment'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.

Daiwa House REIT Investment Goodwill-to-Asset Chart

Daiwa House REIT Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.07 0.06 0.05

Daiwa House REIT Investment Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.05 -

Competitive Comparison of Daiwa House REIT Investment's Goodwill-to-Asset

For the REIT - Diversified subindustry, Daiwa House REIT Investment'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.


Daiwa House REIT Investment's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa House REIT Investment's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Daiwa House REIT Investment's Goodwill-to-Asset falls into.



Daiwa House REIT Investment 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.

Daiwa House REIT Investment's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Goodwill to Asset (A: Aug. 2023 )=Goodwill/Total Assets
=51537.89/958747.29
=0.05

Daiwa House REIT Investment's Goodwill to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Goodwill to Asset (Q: Aug. 2023 )=Goodwill/Total Assets
=51537.89/958747.29
=0.05

* 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.


Daiwa House REIT Investment  (TSE:8984) 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.


Daiwa House REIT Investment Goodwill-to-Asset Related Terms

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Daiwa House REIT Investment (TSE:8984) Business Description

Traded in Other Exchanges
N/A
Address
2-4-8, Nagatacho, 7th Floor, Nissei Nagatacho Building, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.

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