OtherLevels Holdings (ASX:OLV) Goodwill: A$0.00 Mil (As of Dec. 2019)


What is OtherLevels Holdings Goodwill?

OtherLevels Holdings ASX:OLV Goodwill is A$0.00 Mil as of Dec. 2019. The stock has 4 warning signs investors should review.

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. OtherLevels Holdings's goodwill for the quarter that ended in Dec. 2019 was A$0.00 Mil.

OtherLevels Holdings  (ASX:OLV) 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.

OtherLevels Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Goodwill-to-Asset (A: Jun. 2019 )=Goodwill/Total Assets
=1.53/7.42
=0.21

OtherLevels Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

Goodwill-to-Asset (Q: Dec. 2019 )=Goodwill/Total Assets
=0/6.544
=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.

OtherLevels Holdings Goodwill Related Terms

OtherLevels Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for OtherLevels Holdings'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.

OtherLevels Holdings Goodwill Chart

OtherLevels Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Goodwill
0.00 0.00 0.00 0.00 1.53

OtherLevels Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.53 0.00

OtherLevels Holdings 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of A$0.00 Mil mean?
OtherLevels Holdings (ASX:OLV) has a Goodwill of A$0.00 Mil as of Dec. 2019. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on OtherLevels Holdings and its competitors.
Is OtherLevels Holdings' Goodwill too high?
OtherLevels Holdings' current Goodwill is A$0.00 Mil.
How does OtherLevels Holdings' Goodwill compare to MSFT and ADBE?
OtherLevels Holdings' Goodwill of A$0.00 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Software company?
A good Goodwill depends on the Software industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on OtherLevels Holdings and its competitors. OtherLevels Holdings's current Goodwill is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OtherLevels Holdings stock overvalued right now?
Based on GuruFocus' analysis, OtherLevels Holdings (ASX:OLV) is currently considered Possible Value Trap. The current Goodwill is A$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For OtherLevels Holdings (ASX:OLV), the current Goodwill is A$0.00 Mil as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OtherLevels Holdings Business Description

Address 235 Edward Street, Level 1, Brisbane, QLD, AUS, 4000
OtherLevels Holdings Ltd provides mobile marketing solutions. It operates a digital marketing Software-as-a-Service business that enables enterprises to communicate with its users on mobile and smart devices. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Australia and the United States. The company generates revenue from Licences; Managed Services; Professional Services and Other income. It provides platforms such as Web and App Messaging, Location Messaging, Event Messaging, Intelligent Messaging, and In-Play Messaging.