Qev NV (FRA:7IO) Goodwill: €0.00 Mil (As of Dec. 2022)


FRA:7IO Qev NV FRA:7IO
19 GF Score
Price €0.38
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What is Qev NV Goodwill?

Qev NV FRA:7IO 19 Goodwill is €0.00 Mil as of Dec. 2022. GuruFocus rates FRA:7IO with a GF Score™ of 19/100.

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. Qev NV's goodwill for the quarter that ended in Dec. 2022 was €0.00 Mil.

Qev NV  (FRA:7IO) 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.

Qev NV'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
=0/180.305
=

Qev NV's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (Q: Dec. 2022 )=Goodwill/Total Assets
=0/180.305
=

* 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.

Qev NV Goodwill Related Terms

Qev NV Goodwill Historical Data

* Premium members only.

The historical data trend for Qev NV'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.

Qev NV Goodwill Chart

Qev NV Annual Data
Trend Dec21 Dec22
Goodwill
0.00 0.00

Qev NV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
Goodwill 0.00 0.00 0.00 0.00
FRA:7IO
19GF Score
Qev NV FRA:7IO
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Qev NV 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 €0.00 Mil mean?
Qev NV (FRA:7IO) has a Goodwill of €0.00 Mil as of Dec. 2022. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Qev NV and its competitors.
Is Qev NV's Goodwill too high?
Qev NV's current Goodwill is €0.00 Mil. Overall, Qev NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Qev NV's Goodwill compare to TSLA and STLA?
Qev NV's Goodwill of €0.00 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Goodwill depends on the Vehicles & Parts 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 Qev NV and its competitors. Qev NV's current Goodwill is €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 Qev NV stock overvalued right now?
Qev NV (FRA:7IO) has a current Goodwill of €0.00 Mil. The current Goodwill is €0.00 Mil. Qev NV's overall GF Score™ is 19/100. 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 Qev NV (FRA:7IO), the current Goodwill is €0.00 Mil as of Dec. 2022. 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.

Qev NV Business Description

Address Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160
Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.
19GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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