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RecycLiCo Battery Materials (RecycLiCo Battery Materials) Goodwill-to-Asset : 0.00 (As of Jan. 2024)


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What is RecycLiCo Battery Materials Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. RecycLiCo Battery Materials's Goodwill for the quarter that ended in Jan. 2024 was $0.00 Mil. RecycLiCo Battery Materials's Total Assets for the quarter that ended in Jan. 2024 was $14.14 Mil.


RecycLiCo Battery Materials Goodwill-to-Asset Historical Data

The historical data trend for RecycLiCo Battery Materials'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.

RecycLiCo Battery Materials Goodwill-to-Asset Chart

RecycLiCo Battery Materials Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Goodwill-to-Asset
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RecycLiCo Battery Materials Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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Competitive Comparison of RecycLiCo Battery Materials's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, RecycLiCo Battery Materials'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.


RecycLiCo Battery Materials's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, RecycLiCo Battery Materials's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where RecycLiCo Battery Materials's Goodwill-to-Asset falls into.



RecycLiCo Battery Materials 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.

RecycLiCo Battery Materials's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Goodwill to Asset (A: Jul. 2023 )=Goodwill/Total Assets
=0/15.059
=

RecycLiCo Battery Materials's Goodwill to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Goodwill to Asset (Q: Jan. 2024 )=Goodwill/Total Assets
=0/14.14
=

* 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.


RecycLiCo Battery Materials  (OTCPK:AMYZF) 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.


RecycLiCo Battery Materials Goodwill-to-Asset Related Terms

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RecycLiCo Battery Materials (RecycLiCo Battery Materials) Business Description

Traded in Other Exchanges
Address
17942 55th Avenue, Suite 2, Surrey, BC, CAN, V3S 6C8
RecycLiCo Battery Materials Inc is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminium at battery-grade purity, with minimal processing steps. It aims to commercialize its breakthrough RecycLiCo Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries. Geographically, it operates in Canada and the United States.