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Ubiquitech Software (Ubiquitech Software) Goodwill : $0.00 Mil (As of Aug. 2023)


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What is Ubiquitech Software 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. Ubiquitech Software's goodwill for the quarter that ended in Aug. 2023 was $0.00 Mil.


Ubiquitech Software Goodwill Historical Data

The historical data trend for Ubiquitech Software'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.

Ubiquitech Software Goodwill Chart

Ubiquitech Software Annual Data
Trend Aug08
Goodwill
-

Ubiquitech Software Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug22 Aug23
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ubiquitech Software 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.


Ubiquitech Software  (OTCPK:UBQU) 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.

Ubiquitech Software's Goodwill-to-Asset Ratio for the fiscal year that ended in Aug. 2008 is calculated as

Goodwill-to-Asset (A: Aug. 2008 )=Goodwill/Total Assets
=0/0.002
=

Ubiquitech Software's Goodwill-to-Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Goodwill-to-Asset (Q: Aug. 2023 )=Goodwill/Total Assets
=0/0.197
=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.


Ubiquitech Software Goodwill Related Terms

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Ubiquitech Software (Ubiquitech Software) Business Description

Traded in Other Exchanges
N/A
Address
3570 East 12th Avenue, Denver, CO, USA, 80206
Ubiquitech Software Corp is a United States-based multi-media, multi-faceted company. It is engaged in utilizing global internet marketing, direct response television, radio, and traditional marketing to drive traffic to the new industries. The company also focuses on developing Cannabidiol (CBD) Hemp derived products. It owns the proprietary CBD brand CannazALL. The company offers the products through its internally designed and operated web portal www.cannazall.com.
Executives
Young Yuen director, 10 percent owner, officer: CEO/Pres/Secretary/Treasurer 7435 S. EASTERN AVENUE, SUITE 5, LAS VEGAS NV 89123

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