Allbanc Split II (TSX:ALB.PR.C.PFD) Goodwill: C$0.00 Mil (As of Aug. 2020)


What is Allbanc Split II Goodwill?

Allbanc Split II TSX:ALB.PR.C.PFD Goodwill is C$0.00 Mil as of Aug. 2020.

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. Allbanc Split II's goodwill for the quarter that ended in Aug. 2020 was C$0.00 Mil.

Allbanc Split II  (TSX:ALB.PR.C.PFD) 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.

Allbanc Split II's Goodwill-to-Asset Ratio for the fiscal year that ended in Feb. 2020 is calculated as

Goodwill-to-Asset (A: Feb. 2020 )=Goodwill/Total Assets
=0/32.547
=0.00

Allbanc Split II's Goodwill-to-Asset Ratio for the quarter that ended in Aug. 2020 is calculated as

Goodwill-to-Asset (Q: Aug. 2020 )=Goodwill/Total Assets
=0/30.698
=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.

Allbanc Split II Goodwill Related Terms

Allbanc Split II Goodwill Historical Data

* Premium members only.

The historical data trend for Allbanc Split II'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.

Allbanc Split II Goodwill Chart

Allbanc Split II Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Allbanc Split II Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
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 0.00 0.00 0.00 0.00 0.00

Allbanc Split II 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 C$0.00 Mil mean?
Allbanc Split II (TSX:ALB.PR.C.PFD) has a Goodwill of C$0.00 Mil as of Aug. 2020. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Allbanc Split II and its competitors.
Is Allbanc Split II's Goodwill too high?
Allbanc Split II's current Goodwill is C$0.00 Mil.
How does Allbanc Split II's Goodwill compare to competitors?
Allbanc Split II's Goodwill of C$0.00 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Goodwill depends on the Asset Management 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 Allbanc Split II and its competitors. Allbanc Split II's current Goodwill is C$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 Allbanc Split II stock overvalued right now?
Allbanc Split II (TSX:ALB.PR.C.PFD) has a current Goodwill of C$0.00 Mil. The current Goodwill is C$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 Allbanc Split II (TSX:ALB.PR.C.PFD), the current Goodwill is C$0.00 Mil as of Aug. 2020. 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.

Allbanc Split II Business Description

Address 150 King Street West, 18th Floor, Toronto, ON, CAN, M5H 1J9
Allbanc Split Corp II is a Canada based company. It holds a portfolio of common shares of Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, The Bank of Nova Scotia, Royal Bank of Canada, and Toronto-Dominion Bank. The objective of the company is to invest in portfolio shares and not engage in trading.