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Critical Holdings Bhd (XKLS:0291) Goodwill : RM0.0 Mil (As of Jun. 2024)


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What is Critical Holdings Bhd Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Critical Holdings Bhd's goodwill for the quarter that ended in Jun. 2024 was RM0.0 Mil.


Critical Holdings Bhd Goodwill Historical Data

The historical data trend for Critical Holdings Bhd's Goodwill 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.

Critical Holdings Bhd Goodwill Chart

Critical Holdings Bhd Annual Data
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Goodwill
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Critical Holdings Bhd Quarterly Data
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Critical Holdings Bhd Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Critical Holdings Bhd  (XKLS:0291) Goodwill Explanation

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.

Critical Holdings Bhd's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Goodwill-to-Asset (A: Jun. 2024 )=Goodwill/Total Assets
=0/152.342
=0.00

Critical Holdings Bhd's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill-to-Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=0/152.342
=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.

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.


Critical Holdings Bhd Goodwill Related Terms

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Critical Holdings Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1-2-2 & 1-2-3, Jalan Sungal Tiram 8, Summerskye Square, Pulau Pinang, Bayan Lepas, PNG, MYS, 11900
Critical Holdings Bhd is engaged in is a MEP design and engineering solutions firm. Its principal business activities are MEP Engineering Solutions and MEP Maintenance and Services. MEP Maintenance and Services undertake design and build, project management, supply, installation, testing and commissioning of MEP systems for newly built critical facilities as well as redevelopment, refurbishment and upgrading of existing critical facilities. MEP Maintenance and Services undertake maintenance and service support, including preventive and scheduled maintenance as well as breakdown service and repair, to ensure proper functioning of the existing MEP equipment and systems.

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