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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Goodwill-to-Asset : 0.58 (As of Mar. 2024)


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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Goodwill for the quarter that ended in Mar. 2024 was zł107.7 Mil. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Total Assets for the quarter that ended in Mar. 2024 was zł185.0 Mil. Therefore, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.58.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Goodwill-to-Asset Historical Data

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Goodwill-to-Asset Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - - - - 0.58

Competitive Comparison of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Goodwill-to-Asset

For the Metal Fabrication subindustry, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Goodwill-to-Asset falls into.



PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/131.473
=

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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
=107.74/184.967
=0.58

* 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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna  (WAR:PGV) 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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Goodwill-to-Asset Related Terms

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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sulechowska 4a, Zielona Gora, POL, 65-119
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.

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