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MPX International (XCNQ:MPXI) Goodwill-to-Asset : 0.00 (As of Mar. 2022)


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What is MPX International Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. MPX International's Goodwill for the quarter that ended in Mar. 2022 was C$0.00 Mil. MPX International's Total Assets for the quarter that ended in Mar. 2022 was C$47.13 Mil. Therefore, MPX International's Goodwill to Asset Ratio for the quarter that ended in Mar. 2022 was 0.00.


MPX International Goodwill-to-Asset Historical Data

The historical data trend for MPX International'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.

MPX International Goodwill-to-Asset Chart

MPX International Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Goodwill-to-Asset
- 0.24 0.09 -

MPX International Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.09 - - -

Competitive Comparison of MPX International's Goodwill-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, MPX International'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.


MPX International's Goodwill-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MPX International's Goodwill-to-Asset distribution charts can be found below:

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



MPX International 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.

MPX International's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2021 is calculated as

Goodwill to Asset (A: Sep. 2021 )=Goodwill/Total Assets
=0/50.67
=0.00

MPX International's Goodwill to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Goodwill to Asset (Q: Mar. 2022 )=Goodwill/Total Assets
=0/47.133
=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.


MPX International  (XCNQ:MPXI) 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.


MPX International Goodwill-to-Asset Related Terms

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MPX International (XCNQ:MPXI) Business Description

Traded in Other Exchanges
N/A
Address
5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4
MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.
Executives
William Scott Boyes Director, Senior Officer
Randall Glenn Stafford Director

MPX International (XCNQ:MPXI) Headlines

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