VSQTF (Victory Square Technologies) Goodwill: $1.20 Mil (As of Mar. 2026)


VSQTF Victory Square Technologies Inc VSQTF
48 GF Score
Price $0.51
GF Value $0.52
Valuation Fairly Valued
! 2 Warning Signs
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What is Victory Square Technologies Goodwill?

Victory Square Technologies VSQTF +3.93% 48 Goodwill is $1.20 Mil as of Mar. 2026. GuruFocus rates VSQTF with a GF Score™ of 48/100 and a GF Value™ of $0.52 (Fairly Valued). The stock has 2 warning signs investors should review.

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. Victory Square Technologies's goodwill for the quarter that ended in Mar. 2026 was $1.20 Mil.


Victory Square Technologies  (OTCPK:VSQTF) 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.

Victory Square Technologies's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=1.19/30.883
=0.04

Victory Square Technologies's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=1.196/45.44
=0.03

* 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.


Victory Square Technologies Goodwill Related Terms


Victory Square Technologies Goodwill Historical Data

* Premium members only.

The historical data trend for Victory Square Technologies'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.

Victory Square Technologies Goodwill Chart

Victory Square Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.84 1.22 1.15 1.19

Victory Square Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.14 1.20 1.19 1.19 1.20
VSQTF
48GF Score
Victory Square Technologies Inc VSQTF
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory Square Technologies 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 $1.20 Mil mean?
Victory Square Technologies (VSQTF) has a Goodwill of $1.20 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Victory Square Technologies and its competitors.
Is Victory Square Technologies' Goodwill too high?
Victory Square Technologies' current Goodwill is $1.20 Mil. Overall, Victory Square Technologies has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victory Square Technologies' Goodwill compare to VEEV and BTSG?
Victory Square Technologies' Goodwill of $1.20 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Goodwill depends on the Healthcare Providers & Services 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 Victory Square Technologies and its competitors. Victory Square Technologies's current Goodwill is $1.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Square Technologies stock overvalued right now?
Based on GuruFocus' analysis, Victory Square Technologies (VSQTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.52, compared to a current price of $0.51 — trading 2.4% below its estimated fair value. The current Goodwill is $1.20 Mil. Victory Square Technologies' overall GF Score™ is 48/100 with 2 warning signs to review. 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 Victory Square Technologies (VSQTF), the current Goodwill is $1.20 Mil as of Mar. 2026. 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.

Is Victory Square Technologies (VSQTF) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Square Technologies stock appears to be undervalued. The current stock price of $0.51 is trading 2.4% below its estimated GF Value™ of $0.52. GuruFocus considers Victory Square Technologies to be Fairly Valued.

Key valuation signals for VSQTF:

  • Goodwill: $1.20 Mil
  • GF Value™: $0.52 vs. price of $0.51 (2.4% below fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the VSQTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Victory Square Technologies Business Description

Other Exchanges 6F6:GermanyVST:Canada
Address 789 West Pender Street, Suite 480, Vancouver, BC, CAN, V6C 1H2
Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming. The segments of the company are Investments; Health Tech; and Health.
48GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.51
Price
$0.52
GF Value