KIARF (Kiaro Holdings) Goodwill: $0.61 Mil (As of Oct. 2022)


What is Kiaro Holdings Goodwill?

Kiaro Holdings KIARF Goodwill is $0.61 Mil as of Oct. 2022.

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. Kiaro Holdings's goodwill for the quarter that ended in Oct. 2022 was $0.61 Mil.

Kiaro Holdings  (OTCPK:KIARF) 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.

Kiaro Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Jan. 2022 is calculated as

Goodwill-to-Asset (A: Jan. 2022 )=Goodwill/Total Assets
=0.665/16.395
=0.04

Kiaro Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Oct. 2022 is calculated as

Goodwill-to-Asset (Q: Oct. 2022 )=Goodwill/Total Assets
=0.613/9.635
=0.06

* 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.

Kiaro Holdings Goodwill Related Terms

Kiaro Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for Kiaro Holdings'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.

Kiaro Holdings Goodwill Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
Goodwill
0.36 0.67

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.67 0.66 0.65 0.61

Kiaro Holdings 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 $0.61 Mil mean?
Kiaro Holdings (KIARF) has a Goodwill of $0.61 Mil as of Oct. 2022. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Kiaro Holdings and its competitors.
Is Kiaro Holdings' Goodwill too high?
Kiaro Holdings' current Goodwill is $0.61 Mil.
How does Kiaro Holdings' Goodwill compare to WBA?
Kiaro Holdings' Goodwill of $0.61 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Goodwill depends on the Healthcare Providers & Services 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 Kiaro Holdings and its competitors. Kiaro Holdings's current Goodwill is $0.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current Goodwill of $0.61 Mil. The current Goodwill is $0.61 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 Kiaro Holdings (KIARF), the current Goodwill is $0.61 Mil as of Oct. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.