VICA (Rafina Innovations) Goodwill: $0.00 Mil (As of Mar. 2019)

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VICA Rafina Innovations Inc VICA
12 GF Score
Price $0.00
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What is Rafina Innovations Goodwill?

Rafina Innovations VICA 12 Goodwill is $0.00 Mil as of Mar. 2019. GuruFocus rates VICA with a GF Score™ of 12/100.

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. Rafina Innovations's goodwill for the quarter that ended in Mar. 2019 was $0.00 Mil.


Rafina Innovations  (OTCPK:VICA) 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.

Rafina Innovations's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Goodwill-to-Asset (A: Dec. 2018 )=Goodwill/Total Assets
=0/0.299
=0.00

Rafina Innovations's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

Goodwill-to-Asset (Q: Mar. 2019 )=Goodwill/Total Assets
=0/0.302
=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.


Rafina Innovations Goodwill Related Terms


Rafina Innovations Goodwill Historical Data

* Premium members only.

The historical data trend for Rafina Innovations'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.

Rafina Innovations Goodwill Chart

Rafina Innovations Annual Data
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Rafina Innovations Quarterly Data
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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
VICA
12GF Score
Rafina Innovations Inc VICA
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafina Innovations 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 $0.00 Mil mean?
Rafina Innovations (VICA) has a Goodwill of $0.00 Mil as of Mar. 2019. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Rafina Innovations and its competitors.
Is Rafina Innovations' Goodwill too high?
Rafina Innovations' current Goodwill is $0.00 Mil. Overall, Rafina Innovations has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Rafina Innovations' Goodwill compare to RMSL and GTHP?
Rafina Innovations' Goodwill of $0.00 Mil can be compared against companies in the Medical Devices & Instruments 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 a Medical Devices & Instruments company?
A good Goodwill depends on the Medical Devices & Instruments 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 Rafina Innovations and its competitors. Rafina Innovations's current Goodwill is $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 Rafina Innovations stock overvalued right now?
Rafina Innovations (VICA) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. Rafina Innovations' overall GF Score™ is 12/100. 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 Rafina Innovations (VICA), the current Goodwill is $0.00 Mil as of Mar. 2019. 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.

Rafina Innovations Business Description

Address 123 West Nye Lane, Suite 129, Carson City, NV, USA, 89706
Rafina Innovations Inc through its subsidiaries is involved in the development of monitoring technologies, set up of rehabilitation centers, development of intellectual property related to everyday fields such as healthcare, sports, automotive and gaming as well as the creation of full-service Prosthetics and Orthotics and Diabetic foot clinics chain in Europe and the Middle East. The firm's main products include Flexisense technology and Rehabilitation clinics etc. It has Clinics and Technology operating segments and derives a majority of its revenues from Clinics segment.
12GF Score

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