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AMPD Ventures (AMPD Ventures) Goodwill : $0.49 Mil (As of Feb. 2023)


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What is AMPD Ventures 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. AMPD Ventures's goodwill for the quarter that ended in Feb. 2023 was $0.49 Mil.


AMPD Ventures Goodwill Historical Data

The historical data trend for AMPD Ventures'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.

AMPD Ventures Goodwill Chart

AMPD Ventures Annual Data
Trend May18 May19 May20 May21
Goodwill
- - - -

AMPD Ventures Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23
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 0.61 1.50 0.51 0.49 0.49

AMPD Ventures 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.


AMPD Ventures  (OTCPK:AMPDF) 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.

AMPD Ventures's Goodwill-to-Asset Ratio for the fiscal year that ended in May. 2021 is calculated as

Goodwill-to-Asset (A: May. 2021 )=Goodwill/Total Assets
=0/2.424
=0.00

AMPD Ventures's Goodwill-to-Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

Goodwill-to-Asset (Q: Feb. 2023 )=Goodwill/Total Assets
=0.491/4.16
=0.12

* 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.


AMPD Ventures Goodwill Related Terms

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AMPD Ventures (AMPD Ventures) Business Description

Traded in Other Exchanges
N/A
Address
577 Great Northern Way, Suite 210, Vancouver, BC, CAN, V5T 1E1
AMPD Ventures Inc is specialized in providing high-performance cloud and compute solutions for low-latency applications including video games and eSports, digital animation and visual effects, and big data collection, analysis, and visualization. Geographically, it derives a majority of revenue from Canada.

AMPD Ventures (AMPD Ventures) Headlines