BLMS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BLMS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Bloomios's goodwill for the quarter that ended in Sep. 2023 was $0.30 Mil.
The historical data trend for Bloomios'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.
Bloomios Annual Data | |||||||||||||||||||||
Trend | Jun02 | Jun03 | Jun04 | Jan05 | Jan06 | Jan07 | Jan19 | Jan20 | Dec21 | Dec22 | |||||||||||
Goodwill | Get a 7-Day Free Trial |
![]() |
![]() |
- | - | - | 0.30 | 21.87 |
Bloomios Quarterly Data | ||||||||||||||||||||
Oct18 | Jan19 | Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Goodwill | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
0.30 | 21.87 | 21.87 | 21.87 | 0.30 |
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.
Bloomios (OTCPK:BLMS) 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.
Bloomios's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
Goodwill-to-Asset (A: Dec. 2022 ) | = | Goodwill | / | Total Assets |
= | 21.87 | / | 26.011 | |
= | 0.84 |
Bloomios's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2023 is calculated as
Goodwill-to-Asset (Q: Sep. 2023 ) | = | Goodwill | / | Total Assets |
= | 0.3 | / | 1.932 | |
= | 0.16 |
* 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.
Thank you for viewing the detailed overview of Bloomios's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Douglas S Rohrer | officer: Chief Business Officer | 701 ANACAPA, SUITE C, SANTA BARBARA CA 93101 |
Emc2 Capital Llc | 10 percent owner | 201 W MONTECITO STREET, SANTA BARBARA CA 93101 |
Barrett Evans | director, 10 percent owner, officer: Pres, Chief Strategy Officer | |
Aline Hayuta Elkayam | 10 percent owner | 104 CHELSEA PLACE, ORMOND BEACH FL 32174 |
Bibi Daprile | 10 percent owner | 12 WINDING CREEK WAY, ORMOND BEACH FL 32174 |
Agpl Acquisition, Inc | 10 percent owner | 201 W MONTECITO ST., SANTA BARBARA CA 93101 |
Mammoth Crest Capital Llc | 10 percent owner | 1712 PIONEER AVE, SUITE 558, CHEYENNE WY 82001 |
Michael Hill | director, 10 percent owner, officer: Chief Executive Officer | 201 WEST MONTECITO STREET, SANTA BARBARA CA 93101 |
Bryan Glass | director, 10 percent owner, officer: President and Director | 20 WEST PARK AVENUE, SUITE 207, LONG BEACH NY 11561 |
Douglas Boyd | director, officer: Chairman of the Board | 8101 TIARA COVE CIR, LAS VEGAS NV 89128 |
Peter A Hogendoorn | director, officer: President & CEO | 13288 AMBLE GREEN PLACE, SURREY A1 V4A 6P5 |
Harold C Moll | director, 10 percent owner | |
Van Laare Derek R | officer: Secretary | 6119 GORDON AVENUE, BURNABY A1 V5E 3M2 |
Carlo Civelli | other: former director/officer/owner | 111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164 |
Logan Anderson | director, officer: President & Treasurer | 15 HILL CRESCENT, PEMBROKE BERMUDA D8 00000 |
From GuruFocus
By PRNewswire PRNewswire • 05-28-2022
By PRNewswire PRNewswire • 06-17-2022
By GuruFocusNews GuruFocusNews • 03-31-2022
By ACCESSWIRE • 08-30-2023
By PRNewswire PRNewswire • 03-27-2023
By PRNewswire PRNewswire • 06-07-2022
By PRNewswire PRNewswire • 07-14-2022
By PRNewswire PRNewswire • 06-09-2023
By PRNewswire PRNewswire • 03-16-2022
By PRNewswire PRNewswire • 07-04-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.