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Highwood Asset Management (FRA:7PD0) Goodwill-to-Asset : 0.00 (As of Jun. 2024)


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What is Highwood Asset Management Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Highwood Asset Management's Goodwill for the quarter that ended in Jun. 2024 was €0.00 Mil. Highwood Asset Management's Total Assets for the quarter that ended in Jun. 2024 was €182.82 Mil. Therefore, Highwood Asset Management's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 was 0.00.


Highwood Asset Management Goodwill-to-Asset Historical Data

The historical data trend for Highwood Asset Management'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.

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Highwood Asset Management Goodwill-to-Asset Chart

Highwood Asset Management Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Highwood Asset Management Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Highwood Asset Management's Goodwill-to-Asset

For the Oil & Gas E&P subindustry, Highwood Asset Management'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.


Highwood Asset Management's Goodwill-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Highwood Asset Management's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Highwood Asset Management's Goodwill-to-Asset falls into.



Highwood Asset Management 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.

Highwood Asset Management's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/175.717
=0.00

Highwood Asset Management'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
=0/182.822
=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.


Highwood Asset Management  (FRA:7PD0) 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.


Highwood Asset Management Goodwill-to-Asset Related Terms

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Highwood Asset Management Business Description

Traded in Other Exchanges
Address
600-3rd Avenue SW, Suite 500, Calgary, AB, CAN, T2P 0G5
Highwood Asset Management Ltd is an asset management entity overseeing various operations including clean energy transition subsectors with a focus on ESG it also looks at current activities in the industrial metals & minerals, oil production, and oil midstream spaces. The Company's current focus is the exploration and development of its oil and natural gas properties in Alberta. The company generates revenue from the exploration and development of oil and natural gas and the operation of midstream oil and gas infrastructure.

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