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Grizzly Discoveries (STU:G6H) Goodwill : €0.00 Mil (As of Oct. 2024)


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What is Grizzly Discoveries Goodwill?

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. Grizzly Discoveries's goodwill for the quarter that ended in Oct. 2024 was €0.00 Mil.


Grizzly Discoveries Goodwill Historical Data

The historical data trend for Grizzly Discoveries'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.

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Grizzly Discoveries Goodwill Chart

Grizzly Discoveries Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
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Grizzly Discoveries Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Grizzly Discoveries 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.


Grizzly Discoveries  (STU:G6H) 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.

Grizzly Discoveries's Goodwill-to-Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Goodwill-to-Asset (A: Jul. 2024 )=Goodwill/Total Assets
=0/7.071
=

Grizzly Discoveries's Goodwill-to-Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Goodwill-to-Asset (Q: Oct. 2024 )=Goodwill/Total Assets
=0/6.956
=

* 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.


Grizzly Discoveries Goodwill Related Terms

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Grizzly Discoveries Business Description

Traded in Other Exchanges
Address
9768 170 Street NW, Suite 363, Edmonton, AB, CAN, T5T 5L4
Grizzly Discoveries Inc is an early-stage commodity exploration company. The company is engaged in the acquisition, exploration, and development of potash and diamonds on properties in Alberta, and various types of metals on properties in British Columbia. It holds an interest in the Robocop and Greenwood Project.

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