GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vision Lithium Inc (OTCPK:ABEPF) » Definitions » Goodwill

ABEPF (Vision Lithium) Goodwill : $0.00 Mil (As of May. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Vision Lithium 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. Vision Lithium's goodwill for the quarter that ended in May. 2024 was $0.00 Mil.


Vision Lithium Goodwill Historical Data

The historical data trend for Vision Lithium'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.

Vision Lithium Goodwill Chart

Vision Lithium Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Vision Lithium Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 - - - - -

Vision Lithium 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.


Vision Lithium  (OTCPK:ABEPF) 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.

Vision Lithium's Goodwill-to-Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Goodwill-to-Asset (A: Aug. 2023 )=Goodwill/Total Assets
=0/15.02
=

Vision Lithium's Goodwill-to-Asset Ratio for the quarter that ended in May. 2024 is calculated as

Goodwill-to-Asset (Q: May. 2024 )=Goodwill/Total Assets
=0/13.617
=

* 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.


Vision Lithium Goodwill Related Terms

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


Vision Lithium Business Description

Traded in Other Exchanges
Address
1019, Boulevard Des Pins, 2nd Floor, Val-d'OR, QC, CAN, J9P 4T2
Vision Lithium Inc is a junior exploration company focused on exploring and developing high quality battery mineral assets including lithium and copper in safe jurisdictions, predominantly in Canada. The company's project includes Godslith Property, Cadillac, Sirmac Property, Dome Lemieux property, and others.