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QS Energy (QS Energy) Goodwill : $0.00 Mil (As of Mar. 2024)


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What is QS Energy 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. QS Energy's goodwill for the quarter that ended in Mar. 2024 was $0.00 Mil.


QS Energy Goodwill Historical Data

The historical data trend for QS Energy'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.

QS Energy Goodwill Chart

QS Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
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QS Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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QS Energy 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.


QS Energy  (OTCPK:QSEP) 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.

QS Energy'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
=0/0.084
=

QS Energy'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
=0/0.09
=

* 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.


QS Energy Goodwill Related Terms

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QS Energy (QS Energy) Business Description

Traded in Other Exchanges
N/A
Address
23902 FM 2978, Unit No. 1, Tomball, TX, USA, 77375
QS Energy Inc develops and commercializes energy efficiency technologies that assist in increased global energy demands, improvement in the economics of oil extraction and transport, and reduction of greenhouse gas emissions. Its primary technology is Applied Oil Technology (AOT), which is a commercial-grade crude oil pipeline transportation flow assurance product. The company's oil and gas market is segmented into three primary categories namely Upstream Producers, Midstream Transporters, and Downstream Refiners. The Upstream segment is involved in the exploration and production of oil and gas. Midstream companies transport oil and gas to markets via pipelines, rail, and shipping and provide storage in the field and the Downstream sector refines oil and gas into finished products.
Executives
Eric Bunting director 10701 FORESTGATE, WICHITA KS 67206
Gary M Buchler director 2544 RAMROCK DR., PORTER TX 77365
William Howard Green director 3721 REDMONT TERRACE, EDMOND OK 73034
Richard William Munn director 15 CAMELOT OAKS CT., THE WOODLANDS TX 77382
Michael Scott Mcmullen officer: Chief Financial Officer PO BOX 1045, TIBURON CA 94920
Jason B Lane director, officer: Chief Executive Officer 23902 RM 2978, TUMBALL TX 77375
Thomas A. Bundros director 735 STATE STREET, #500, SANTA BARBARA CA 93101
Don Dickson director 5266 HOLLISTER AVENUE, SANTA BARBARA CA 93111
Mark Stubbs director 136 W. CANON PERDIDO STREET, STE. A, SANTA BARBARA CA 93427
Ryan K Zinke director 409 W 2ND STREET, WHITEFISH MT 59932
Greggory M Bigger officer: CFO 5266 HOLLISTER AVENUE, SUITE 219, SANTA BARBARA CA 93111
Eugene E Eichler officer: Interim CFO 735 STATE ST. #500, SANTA BARBARA CA 93101
Charles Blum director, officer: Chief Executive Officer 1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Cecil Bond Kyte director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
John F Price director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601