GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Atlantic Resources Corp (STU:PH01) » Definitions » Goodwill

Great Atlantic Resources (STU:PH01) Goodwill : €0.00 Mil (As of Nov. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Great Atlantic Resources 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. Great Atlantic Resources's goodwill for the quarter that ended in Nov. 2024 was €0.00 Mil.


Great Atlantic Resources Goodwill Historical Data

The historical data trend for Great Atlantic Resources'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.

* Premium members only.

Great Atlantic Resources Goodwill Chart

Great Atlantic Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Great Atlantic Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Great Atlantic Resources 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.


Great Atlantic Resources  (STU:PH01) 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.

Great Atlantic Resources's Goodwill-to-Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Goodwill-to-Asset (A: Feb. 2024 )=Goodwill/Total Assets
=0/0.29
=

Great Atlantic Resources's Goodwill-to-Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

Goodwill-to-Asset (Q: Nov. 2024 )=Goodwill/Total Assets
=0/0.303
=

* 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.


Great Atlantic Resources Goodwill Related Terms

Thank you for viewing the detailed overview of Great Atlantic Resources's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Atlantic Resources Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Great Atlantic Resources Corp is engaged in acquiring, exploring, and evaluating its mineral property interests in Atlantic Canada. Principally, the company explores gold, zinc, tungsten, and antimony. It is focused on the development of various project properties including Golden Promise gold, Pilley's Island, and South Quarry properties located in Newfoundland. The company's New Brunswick project properties comprise kagoot brook, keymet, Macdougall Road, and Porcupine.

Great Atlantic Resources Headlines

No Headlines