First Nickel (FRA:MYQ) Goodwill: €0.00 Mil (As of Jun. 2015)

What is First Nickel Goodwill?

First Nickel FRA:MYQ Goodwill is €0.00 Mil as of Jun. 2015. 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. First Nickel's goodwill for the quarter that ended in Jun. 2015 was €0.00 Mil.

First Nickel (FRA:MYQ) 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.

First Nickel's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Goodwill-to-Asset (A: Dec. 2014 )	=	Goodwill	/	Total Assets
	=	0	/	41.142
	=	0.00

First Nickel's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Goodwill-to-Asset (Q: Jun. 2015 )	=	Goodwill	/	Total Assets
	=	0	/	11.58
	=	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.

First Nickel Goodwill Related Terms

First Nickel Goodwill Historical Data

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The historical data trend for First Nickel's Goodwill can be seen below:

First Nickel Goodwill Chart

First Nickel Annual Data

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First Nickel 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?

First Nickel (FRA:MYQ) has a Goodwill of €0.00 Mil as of Jun. 2015. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on First Nickel and its competitors.

Is First Nickel's Goodwill too high?

First Nickel's current Goodwill is €0.00 Mil.

How does First Nickel's Goodwill compare to competitors?

First Nickel's Goodwill of €0.00 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good Goodwill depends on the Metals & Mining 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 First Nickel and its competitors. First Nickel'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 First Nickel stock overvalued right now?

First Nickel (FRA:MYQ) has a current Goodwill of €0.00 Mil. The current Goodwill is €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 First Nickel (FRA:MYQ), the current Goodwill is €0.00 Mil as of Jun. 2015. 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.

First Nickel Business Description

Industry Basic Materials Metals & Mining

Comparable Companies FRA:4CX1 FRA:NB71 FRA:3LQ FRA:C4A1 FRA:OGPN FRA:GSR FRA:M85 FRA:DXZA FRA:6GO1 FRA:DG7N FRA:MRD FRA:F9IQ FRA:37N2 FRA:X9T FRA:85G1 FRA:M4KP FRA:2CO1 FRA:QSGB FRA:4LPP FRA:F7E1

Address 120 Front Street East, Suite 206, Toronto, ON, CAN, M5A 4L9

Website http://www.firstnickel.com

First Nickel Inc was incorporated as 2035666 Ontario Inc., under the laws of the Province of Ontario on November 12, 2003. The Company is a Canadian mining company focused on becoming a mid-tier base metal producer through the successful mining, exploration, development and acquisition of opportunities throughout North America.