GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Fearless Films Inc (OTCPK:FERL) » Definitions » Goodwill

Fearless Films (Fearless Films) Goodwill : $0.00 Mil (As of Mar. 2022)


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

What is Fearless Films 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. Fearless Films's goodwill for the quarter that ended in Mar. 2022 was $0.00 Mil.


Fearless Films Goodwill Historical Data

The historical data trend for Fearless Films'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.

Fearless Films Goodwill Chart

Fearless Films Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fearless Films Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - - - - -

Fearless Films 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.


Fearless Films  (OTCPK:FERL) 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.

Fearless Films's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill-to-Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/0.379
=

Fearless Films's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Goodwill-to-Asset (Q: Mar. 2022 )=Goodwill/Total Assets
=0/0.159
=

* 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.


Fearless Films Goodwill Related Terms

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


Fearless Films (Fearless Films) Business Description

Traded in Other Exchanges
N/A
Address
467 Edgeley Boulevard, Unit 2, Concord, ON, CAN, L4K 4E9
Fearless Films Inc is a provider of professional services for all forms of short film and full-length feature film production. The company handles everything from directing and creative directing all the way through post-production and fulfillment. Its services include Video and film production, Animation and special effects, Talent acquisition, Editing, and Distribution. Its primary markets are Media & Entertainment companies (short films, feature films, TV drama, broadcast programs), Animation and Multimedia companies. It provides directing, creative, video capture, video editing and full range of postproduction services to these target markets.

Fearless Films (Fearless Films) Headlines

From GuruFocus

Fearless Films, Inc. Selects First Film for Potential Purchase

By PRNewswire PRNewswire 10-31-2019

Fearless Films Announces Plan to Accelerate Film Development

By PRNewswire PRNewswire 06-01-2020

Fearless Films Acquires Another Award-Winning Film

By PRNewswire PRNewswire 06-24-2020

Fearless Films Acquires Award-Winning Film

By PRNewswire PRNewswire 06-15-2020

Fearless Films Bulks Up Project Pipeline

By PRNewswire PRNewswire 08-24-2020