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Debut Diamonds (Debut Diamonds) Goodwill : $0.00 Mil (As of Jan. 2021)


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What is Debut Diamonds 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. Debut Diamonds's goodwill for the quarter that ended in Jan. 2021 was $0.00 Mil.


Debut Diamonds Goodwill Historical Data

The historical data trend for Debut Diamonds'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.

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Debut Diamonds Goodwill Chart

Debut Diamonds Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20
Goodwill
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Debut Diamonds Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21
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Debut Diamonds 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.


Debut Diamonds  (GREY:DBDIF) 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.

Debut Diamonds's Goodwill-to-Asset Ratio for the fiscal year that ended in Apr. 2020 is calculated as

Goodwill-to-Asset (A: Apr. 2020 )=Goodwill/Total Assets
=0/0.285
=

Debut Diamonds's Goodwill-to-Asset Ratio for the quarter that ended in Jan. 2021 is calculated as

Goodwill-to-Asset (Q: Jan. 2021 )=Goodwill/Total Assets
=0/0.271
=

* 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.


Debut Diamonds Goodwill Related Terms

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Debut Diamonds (Debut Diamonds) Business Description

Traded in Other Exchanges
N/A
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
Debut Diamonds Inc is a Canada-based diamond exploration and development company. It is focused on the development of Timmins south project, MacFadyen Kimberlites project, Nakina Project, Victor Area project, and Kyle Kimberlite project. The Timmins south project is located in the Texmont mine. Its MacFadyen Kimberlites property comprises of over five mining claims covering approximately 672 hectares and is situated in northern Ontario. Its Nakina project includes more than 28 unpatented mining claims, which lies approximately 125 kilometers north of Nakina, in the James Bay Lowlands region of north-western Ontario. The company's Kyle Kimberlite property is located in northern Ontario, approximately 130 kilometers west of the De Beers Victor Mine.

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