GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sears Canada Inc (OTCPK:SRSCQ) » Definitions » Goodwill

Sears Canada (Sears Canada) Goodwill : $0 Mil (As of Apr. 2017)


View and export this data going back to 2010. Start your Free Trial

What is Sears Canada 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. Sears Canada's goodwill for the quarter that ended in Apr. 2017 was $0 Mil.


Sears Canada Goodwill Historical Data

The historical data trend for Sears Canada'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.

Sears Canada Goodwill Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.77 2.38 - - -

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Goodwill 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Sears Canada 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.


Sears Canada  (OTCPK:SRSCQ) 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.

Sears Canada's Goodwill-to-Asset Ratio for the fiscal year that ended in Jan. 2017 is calculated as

Goodwill-to-Asset (A: Jan. 2017 )=Goodwill/Total Assets
=0/943.943
=0.00

Sears Canada's Goodwill-to-Asset Ratio for the quarter that ended in Apr. 2017 is calculated as

Goodwill-to-Asset (Q: Apr. 2017 )=Goodwill/Total Assets
=0/883.679
=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.


Sears Canada Goodwill Related Terms

Thank you for viewing the detailed overview of Sears Canada's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Sears Canada (Sears Canada) Business Description

Traded in Other Exchanges
N/A
Address
290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.

Sears Canada (Sears Canada) Headlines

From GuruFocus

Bruce Berkowitz Increases 2 Holdings, Reduces AIG in Q2

By Holly LaFon Holly LaFon 07-31-2015

Edward Lampert's Recent Buys

By Tiziano Frateschi Tiziano Frateschi 03-19-2015

Bruce Berkowitz Comments on Sears Canada

By Holly LaFon Holly LaFon 07-11-2017

Bruce Berkowitz Comments on Sears Canada

By Holly LaFon Holly LaFon 08-08-2017

Fairholme Fund Increases Stakes During 1Q2015

By Amber Harris Amber Harris 04-29-2015

Berkowitz's Fairholme Fund Adds Stake In Struggling Sears Canada

By J. Lukas Neely – EndlessRise J. Lukas Neely 11-11-2014