GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pierre & Vacances (XPAR:VAC) » Definitions » Goodwill-to-Asset

Pierre & Vacances (XPAR:VAC) Goodwill-to-Asset : 0.04 (As of Mar. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Pierre & Vacances Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Pierre & Vacances's Goodwill for the quarter that ended in Mar. 2023 was €139.7 Mil. Pierre & Vacances's Total Assets for the quarter that ended in Mar. 2023 was €3,778.2 Mil. Therefore, Pierre & Vacances's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 was 0.04.


Pierre & Vacances Goodwill-to-Asset Historical Data

The historical data trend for Pierre & Vacances'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.

Pierre & Vacances Goodwill-to-Asset Chart

Pierre & Vacances Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.04 0.04 0.04

Pierre & Vacances Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 0.04 0.04 0.04 0.04 -

Competitive Comparison of Pierre & Vacances's Goodwill-to-Asset

For the Lodging subindustry, Pierre & Vacances'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.


Pierre & Vacances's Goodwill-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pierre & Vacances's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Pierre & Vacances's Goodwill-to-Asset falls into.



Pierre & Vacances 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.

Pierre & Vacances's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Goodwill to Asset (A: Sep. 2022 )=Goodwill/Total Assets
=138.82/3900.545
=0.04

Pierre & Vacances's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill to Asset (Q: Mar. 2023 )=Goodwill/Total Assets
=139.65/3778.223
=0.04

* 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.


Pierre & Vacances  (XPAR:VAC) 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.


Pierre & Vacances Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Pierre & Vacances's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Pierre & Vacances (XPAR:VAC) Business Description

Traded in Other Exchanges
Address
L’Artois, Espace Pont de Flandre, 11, Rue de Cambrai, Paris Cedex 19, Paris, FRA, 75947
Pierre & Vacances is a France-based company engaged in providing holiday residences. The company's segment includes Center Parcs; Pierre and Vacances; Adagio; Major Projects and Senioriales and riales Holding company. It generates maximum revenue from the Center Parcs segment. The Center Parcs segment includes the operation of the Domaines marketed under the Center Parcs, Sunparks and Villages Nature brands, and the construction/renovation of tourism assets and real estate marketing activities in the Netherlands, Germany and Belgium.

Pierre & Vacances (XPAR:VAC) Headlines

From GuruFocus