RLND (RoyaLand Co) Goodwill: $0.00 Mil (As of Dec. 2022)

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What is RoyaLand Co Goodwill?

RoyaLand Co RLND Goodwill is $0.00 Mil as of Dec. 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. RoyaLand Co's goodwill for the quarter that ended in Dec. 2022 was $0.00 Mil.

RoyaLand Co  (NAS:RLND) 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.

RoyaLand Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Goodwill-to-Asset (A: Jun. 2022 )=Goodwill/Total Assets
=0/0.071
=0.00

RoyaLand Co's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (Q: Dec. 2022 )=Goodwill/Total Assets
=0/0.109
=

* 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.

RoyaLand Co Goodwill Related Terms

RoyaLand Co Goodwill Historical Data

* Premium members only.

The historical data trend for RoyaLand Co'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.

RoyaLand Co Goodwill Chart

RoyaLand Co Annual Data
Trend Jun22
Goodwill
0.00

RoyaLand Co Quarterly Data
Dec21 Jun22 Dec22
Goodwill 0.00 0.00 0.00

RoyaLand Co 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?
RoyaLand Co (RLND) has a Goodwill of $0.00 Mil as of Dec. 2022. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on RoyaLand Co and its competitors.
Is RoyaLand Co's Goodwill too high?
RoyaLand Co's current Goodwill is $0.00 Mil.
How does RoyaLand Co's Goodwill compare to ?
RoyaLand Co's Goodwill of $0.00 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Goodwill depends on the Interactive Media 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 RoyaLand Co and its competitors. RoyaLand Co'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 RoyaLand Co stock overvalued right now?
RoyaLand Co (RLND) 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 RoyaLand Co (RLND), the current Goodwill is $0.00 Mil as of Dec. 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.

RoyaLand Co Business Description

Comparable Companies
Address 2 Church Street, Clarendon House, Pembroke, Hamilton, BMU, HM11
RoyaLand Co Ltd is a Bermuda holding company focused on creating an online and offline immersive, fantasy-based royalty-themed experience called myRoyal.World, primarily centered around a mobile-first massively multiplayer online role-playing game, or MMORPG, called TheRoyal.Land. It is actively focused on developing a novel, interactive and immersive game based on a player-empowered design. The company plans to build proprietary digital avatars and provide opportunities to players to earn in-game reward currency, build virtual land, and own their online assets while enhancing all of these features with premium incremental in-game content.