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FLWBF (Flow Beverage) Goodwill : $0.00 Mil (As of Jul. 2024)


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What is Flow Beverage 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. Flow Beverage's goodwill for the quarter that ended in Jul. 2024 was $0.00 Mil.


Flow Beverage Goodwill Historical Data

The historical data trend for Flow Beverage'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.

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Flow Beverage Goodwill Chart

Flow Beverage Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Oct21 Oct22 Oct23
Goodwill
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Flow Beverage Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Flow Beverage 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.


Flow Beverage  (OTCPK:FLWBF) 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.

Flow Beverage's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Goodwill-to-Asset (A: Oct. 2023 )=Goodwill/Total Assets
=0/40.064
=0.00

Flow Beverage's Goodwill-to-Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Goodwill-to-Asset (Q: Jul. 2024 )=Goodwill/Total Assets
=0/43.989
=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.


Flow Beverage Goodwill Related Terms

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Flow Beverage Business Description

Traded in Other Exchanges
Address
155 Industrial Parkway South, Unit 7-10, Aurora, ON, CAN, L4G 3G6
Flow Beverage Corp is a health and wellness-focused beverage company at the convergence of three important trends in the consumer-packaged goods industry including, functional ingredients, sustainable packaging and supply chain and premium quality. It markets its premium alkaline spring water in Canada and the United States in original unflavoured and a range of organic flavors in various sizes. The company generates majority of its revenue from sale of packaged water and also provides Co-packing services. Geographically, majority of its revenue is generated from its business in Canada.