PSSR (PASSUR Aerospace) Goodwill: $0.00 Mil (As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
Price $0.35
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What is PASSUR Aerospace Goodwill?

PASSUR Aerospace PSSR 12 Goodwill is $0.00 Mil as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

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. PASSUR Aerospace's goodwill for the quarter that ended in Jul. 2022 was $0.00 Mil.


PASSUR Aerospace  (OTCPK:PSSR) 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.

PASSUR Aerospace's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 2021 is calculated as

Goodwill-to-Asset (A: Oct. 2021 )=Goodwill/Total Assets
=0/3.837
=0.00

PASSUR Aerospace's Goodwill-to-Asset Ratio for the quarter that ended in Jul. 2022 is calculated as

Goodwill-to-Asset (Q: Jul. 2022 )=Goodwill/Total Assets
=0/2.135
=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.


PASSUR Aerospace Goodwill Related Terms


PASSUR Aerospace Goodwill Historical Data

* Premium members only.

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Goodwill Chart

PASSUR Aerospace Annual Data
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PASSUR Aerospace Quarterly Data
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PSSR
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PASSUR Aerospace Inc PSSR
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PASSUR Aerospace 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?
PASSUR Aerospace (PSSR) has a Goodwill of $0.00 Mil as of Jul. 2022. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Goodwill too high?
PASSUR Aerospace's current Goodwill is $0.00 Mil. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Goodwill compare to BANT and HWKE?
PASSUR Aerospace's Goodwill of $0.00 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Goodwill depends on the Aerospace & Defense 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 PASSUR Aerospace and its competitors. PASSUR Aerospace'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 PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Goodwill is $0.00 Mil as of Jul. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
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