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IEMR Resources (TSXV:IRI) Goodwill : C$0.00 Mil (As of Jan. 2025)


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What is IEMR 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. IEMR Resources's goodwill for the quarter that ended in Jan. 2025 was C$0.00 Mil.


IEMR Resources Goodwill Historical Data

The historical data trend for IEMR 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.

IEMR Resources Goodwill Chart

IEMR Resources Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Goodwill
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IEMR Resources Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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IEMR 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.


IEMR Resources  (TSXV:IRI) 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.

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

Goodwill-to-Asset (A: Oct. 2024 )=Goodwill/Total Assets
=0/0.44
=

IEMR Resources's Goodwill-to-Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

Goodwill-to-Asset (Q: Jan. 2025 )=Goodwill/Total Assets
=0/0.395
=

* 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.


IEMR Resources Goodwill Related Terms

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IEMR Resources Business Description

Traded in Other Exchanges
N/A
Address
1300 1500 West Georgia Street, Vancouver, BC, CAN, V6G 2Z6
IEMR Resources Inc is in the exploration stage concerning its investment in mineral interests. The company's investment priorities are copper, chromium, nickel, manganese, uranium, platinum silver, diamonds, and molybdenum. Investment and or acquisitions in exploration projects will be focused on chromium, manganese, uranium, and potash.

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