GURUFOCUS.COM » STOCK LIST » Technology » Software » Hunter Technology Corp (OTCPK:HOILF) » Definitions » Goodwill

Hunter Technology (Hunter Technology) Goodwill : $0.00 Mil (As of Jun. 2023)


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

What is Hunter Technology 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. Hunter Technology's goodwill for the quarter that ended in Jun. 2023 was $0.00 Mil.


Hunter Technology Goodwill Historical Data

The historical data trend for Hunter Technology'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.

Hunter Technology Goodwill Chart

Hunter Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.27 - -

Hunter Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

Hunter Technology 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.


Hunter Technology  (OTCPK:HOILF) 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.

Hunter Technology'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
=0/0.052
=

Hunter Technology's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=0/0.05
=

* 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.


Hunter Technology Goodwill Related Terms

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


Hunter Technology (Hunter Technology) Business Description

Traded in Other Exchanges
N/A
Address
510 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6B 0M3
Hunter Technology Corp is a technology company, dedicated to providing a physical oil trading platform powered by a proprietary blockchain to enable independent crude oil producers to access a global market for the marketing and sale of their production; allowing buyers to access production that would otherwise be inaccessible or uneconomic to acquire or trade.

Hunter Technology (Hunter Technology) Headlines

From GuruFocus

HUNTER TECHNOLOGY MOVES INTO BIG DATA WITH OILEXCHANGE

By Marketwired Marketwired 02-15-2021

Hunter Oil AGM Results

By PRNewswire PRNewswire 05-01-2018

NEWS RELEASE - HUNTER TECHNOLOGY CLOSES FINFABRIK ACQUISITION

By Marketwired Marketwired 12-31-2020

HUNTER TECHNOLOGY APPOINTS OIL INDUSTRY VETERAN AS SENIOR ADVISOR

By Marketwired Marketwired 12-02-2020

HUNTER TECHNOLOGY SECURES SEASONED TECH EXECUTIVES

By Marketwired Marketwired 11-17-2020

HUNTER TECHNOLOGY ANNOUNCES WEBCAST FOR SHAREHOLDER CONNECT

By Marketwired Marketwired 05-14-2021

CORRECTION -- Hunter Oil Applies for Drill Permits

By Marketwired Marketwired 06-12-2018

Hunter Technology Agrees to Acquire FinFabrik

By Marketwired Marketwired 12-14-2020

HUNTER THANKS OUTGOING DIRECTOR

By Marketwired Marketwired 04-23-2021

HUNTER TECHNOLOGY MARKET TESTING PILOT APRIL LAUNCH

By Marketwired Marketwired 03-02-2021