RJDG (RJD Green) Goodwill: $0.00 Mil (As of Aug. 2023)


What is RJD Green Goodwill?

RJD Green RJDG Goodwill is $0.00 Mil as of Aug. 2023.

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. RJD Green's goodwill for the quarter that ended in Aug. 2023 was $0.00 Mil.

RJD Green  (OTCPK:RJDG) 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.

RJD Green's Goodwill-to-Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Goodwill-to-Asset (A: Aug. 2023 )=Goodwill/Total Assets
=0/2.456
=0.00

RJD Green's Goodwill-to-Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Goodwill-to-Asset (Q: Aug. 2023 )=Goodwill/Total Assets
=0/2.456
=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.

RJD Green Goodwill Related Terms

RJD Green Goodwill Historical Data

* Premium members only.

The historical data trend for RJD Green'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.

RJD Green Goodwill Chart

RJD Green Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
Goodwill
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

RJD Green Semi-Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
Goodwill Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

RJD Green 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?
RJD Green (RJDG) has a Goodwill of $0.00 Mil as of Aug. 2023. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on RJD Green and its competitors.
Is RJD Green's Goodwill too high?
RJD Green's current Goodwill is $0.00 Mil.
How does RJD Green's Goodwill compare to TICJ and AXXA?
RJD Green's Goodwill of $0.00 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Goodwill depends on the Conglomerates 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 RJD Green and its competitors. RJD Green'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 RJD Green stock overvalued right now?
RJD Green (RJDG) 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 RJD Green (RJDG), the current Goodwill is $0.00 Mil as of Aug. 2023. 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.

RJD Green Business Description

Address 5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146
RJD Green Inc a development-stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors: Services to the Healthcare sector, Green environmental services and products, Specialty construction / industrial products and services.