GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fast Retailing Co Ltd (OTCPK:FRCOF) » Definitions » Goodwill-to-Asset

Fast Retailing Co (Fast Retailing Co) Goodwill-to-Asset : 0.00 (As of Feb. 2024)


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

What is Fast Retailing Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Fast Retailing Co's Goodwill for the quarter that ended in Feb. 2024 was $54 Mil. Fast Retailing Co's Total Assets for the quarter that ended in Feb. 2024 was $23,366 Mil. Therefore, Fast Retailing Co's Goodwill to Asset Ratio for the quarter that ended in Feb. 2024 was 0.00.


Fast Retailing Co Goodwill-to-Asset Historical Data

The historical data trend for Fast Retailing 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.

Fast Retailing Co Goodwill-to-Asset Chart

Fast Retailing Co 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 - - - - -

Fast Retailing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 - - - - -

Competitive Comparison of Fast Retailing Co's Goodwill-to-Asset

For the Apparel Retail subindustry, Fast Retailing 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.


Fast Retailing Co's Goodwill-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Goodwill-to-Asset distribution charts can be found below:

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



Fast Retailing 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.

Fast Retailing Co'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
=55.892/22818.655
=0.00

Fast Retailing Co's Goodwill to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Goodwill to Asset (Q: Feb. 2024 )=Goodwill/Total Assets
=54.085/23365.605
=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.


Fast Retailing Co  (OTCPK:FRCOF) 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.


Fast Retailing Co Goodwill-to-Asset Related Terms

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


Fast Retailing Co (Fast Retailing Co) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (Fast Retailing Co) Headlines

From GuruFocus

T. Rowe Price Japan Comments on Fast Retailing

By Sydnee Gatewood 06-21-2021

T. Rowe Price Japan Fund Slashes Portfolio in 1st Quarter

By Graham Griffin Graham Griffin 04-16-2021

Hennessy Japan Fund Buys Fast Retailing in 3rd Quarter

By Holly LaFon Holly LaFon 10-04-2017

The Top 1st-Quarter Buys of the Matthews Japan Fund

By Margaret Moran 05-02-2023

Hennessy Japan Fund Invests in Fast Retailing

By Sydnee Gatewood Sydnee Gatewood 10-03-2017

Matthews Japan Fund Picks Up 6 Stocks

By Sydnee Gatewood Sydnee Gatewood 05-06-2020