HNATF (Primary Hydrogen) Goodwill: $0.00 Mil (As of Feb. 2026)


HNATF Primary Hydrogen Corp HNATF
15 GF Score
Price $0.69
! 1 Warning Sign
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What is Primary Hydrogen Goodwill?

Primary Hydrogen HNATF +5.05% 15 Goodwill is $0.00 Mil as of Feb. 2026. GuruFocus rates HNATF with a GF Score™ of 15/100. The stock has 1 warning sign 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. Primary Hydrogen's goodwill for the quarter that ended in Feb. 2026 was $0.00 Mil.


Primary Hydrogen  (OTCPK:HNATF) 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.

Primary Hydrogen's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Goodwill-to-Asset (A: Nov. 2025 )=Goodwill/Total Assets
=0/2.319
=

Primary Hydrogen's Goodwill-to-Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

Goodwill-to-Asset (Q: Feb. 2026 )=Goodwill/Total Assets
=0/2.383
=

* 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.


Primary Hydrogen Goodwill Related Terms


Primary Hydrogen Goodwill Historical Data

* Premium members only.

The historical data trend for Primary Hydrogen'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.

Primary Hydrogen Goodwill Chart

Primary Hydrogen Annual Data
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Primary Hydrogen Quarterly Data
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HNATF
15GF Score
Primary Hydrogen Corp HNATF
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Primary Hydrogen 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?
Primary Hydrogen (HNATF) has a Goodwill of $0.00 Mil as of Feb. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Primary Hydrogen and its competitors.
Is Primary Hydrogen's Goodwill too high?
Primary Hydrogen's current Goodwill is $0.00 Mil. Overall, Primary Hydrogen has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Primary Hydrogen's Goodwill compare to competitors?
Primary Hydrogen'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 Primary Hydrogen and its competitors. Primary Hydrogen'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 Primary Hydrogen stock overvalued right now?
Primary Hydrogen (HNATF) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. Primary Hydrogen's overall GF Score™ is 15/100 with 1 warning sign to review. 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 Primary Hydrogen (HNATF), the current Goodwill is $0.00 Mil as of Feb. 2026. 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.

Primary Hydrogen Business Description

Other Exchanges 83W:GermanyHDRO:Canada
Address 540-5th Avenue SW, Suite 1410, Calgary, AB, CAN, T2P 0M2
Primary Hydrogen Corp. is engaged in the acquisition, exploration, and development of natural hydrogen properties. The group has an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Point Rosie, Gaspe Ophiolite, Coquihalla, Cogburn, and Crooked Amphibolite. The Marys Harbour and Point Rosie properties are located in Southern Newfoundland and Labrador. The Coquihalla, Cogburn, and Crooked Amphibolite properties are located in Southern British Columbia. The Gaspe Ophiolite property is located in Southern Quebec.
15GF Score

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