MVRK (Maverick Lifestyle) Goodwill: $0.00 Mil (As of Sep. 2024)

What is Maverick Lifestyle Goodwill?

Maverick Lifestyle MVRK Goodwill is $0.00 Mil as of Sep. 2024.

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. Maverick Lifestyle's goodwill for the quarter that ended in Sep. 2024 was $0.00 Mil.

Maverick Lifestyle (NAS:MVRK) 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.

Maverick Lifestyle's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )	=	Goodwill	/	Total Assets
	=	0	/	8.525
	=	0.00

Maverick Lifestyle's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill-to-Asset (Q: Sep. 2024 )	=	Goodwill	/	Total Assets
	=	0	/	8.39
	=	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.

Maverick Lifestyle Goodwill Related Terms

Maverick Lifestyle Goodwill Historical Data

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The historical data trend for Maverick Lifestyle's Goodwill can be seen below:

Maverick Lifestyle Goodwill Chart

Maverick Lifestyle Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Goodwill

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Maverick Lifestyle Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Goodwill	Get a 7-Day Free Trial						0.00	0.00	0.00	0.00	0.00

Maverick Lifestyle 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?

Maverick Lifestyle (MVRK) has a Goodwill of $0.00 Mil as of Sep. 2024. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Maverick Lifestyle and its competitors.

Is Maverick Lifestyle's Goodwill too high?

Maverick Lifestyle's current Goodwill is $0.00 Mil.

How does Maverick Lifestyle's Goodwill compare to ?

Maverick Lifestyle's Goodwill of $0.00 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?

A good Goodwill depends on the Tobacco Products 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 Maverick Lifestyle and its competitors. Maverick Lifestyle'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 Maverick Lifestyle stock overvalued right now?

Maverick Lifestyle (MVRK) 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 Maverick Lifestyle (MVRK), the current Goodwill is $0.00 Mil as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Industry Consumer Defensive Tobacco Products

Comparable Companies

Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883

Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.