Canso Select Opportunities Fund (TSX:SCW.UN) Goodwill: C$0.00 Mil (As of Jun. 2018)


What is Canso Select Opportunities Fund Goodwill?

Canso Select Opportunities Fund TSX:SCW.UN Goodwill is C$0.00 Mil as of Jun. 2018.

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. Canso Select Opportunities Fund's goodwill for the quarter that ended in Jun. 2018 was C$0.00 Mil.

Canso Select Opportunities Fund  (TSX:SCW.UN) 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.

Canso Select Opportunities Fund's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Goodwill-to-Asset (A: Dec. 2017 )=Goodwill/Total Assets
=0/49.083
=0.00

Canso Select Opportunities Fund's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Goodwill-to-Asset (Q: Jun. 2018 )=Goodwill/Total Assets
=0/17.706
=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.

Canso Select Opportunities Fund Goodwill Related Terms

Canso Select Opportunities Fund Goodwill Historical Data

* Premium members only.

The historical data trend for Canso Select Opportunities Fund'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.

Canso Select Opportunities Fund Goodwill Chart

Canso Select Opportunities Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Goodwill
0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund 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?
Canso Select Opportunities Fund (TSX:SCW.UN) has a Goodwill of C$0.00 Mil as of Jun. 2018. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Canso Select Opportunities Fund and its competitors.
Is Canso Select Opportunities Fund's Goodwill too high?
Canso Select Opportunities Fund's current Goodwill is C$0.00 Mil.
How does Canso Select Opportunities Fund's Goodwill compare to competitors?
Canso Select Opportunities Fund'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 Canso Select Opportunities Fund and its competitors. Canso Select Opportunities Fund'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 Canso Select Opportunities Fund stock overvalued right now?
Canso Select Opportunities Fund (TSX:SCW.UN) 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 Canso Select Opportunities Fund (TSX:SCW.UN), the current Goodwill is C$0.00 Mil as of Jun. 2018. 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.

Canso Select Opportunities Fund Business Description

Address 4000 - 3080 Yonge Street, Toronto, ON, CAN, M4N 3N1
Canso Select Opportunities Fund is a Canadian closed-end investment fund which seeks to maximize total returns for unitholders and provide attractive monthly cash distributions. The fund invests in an actively managed and diversified portfolio of corporate bonds and equities. The revenue generated by the company includes interest, dividend, accrued interest, income on investment and other income.