WOLV (Wolverine Resources) Goodwill: $0.00 Mil (As of Feb. 2025)


What is Wolverine Resources Goodwill?

Wolverine Resources WOLV -20.00% Goodwill is $0.00 Mil as of Feb. 2025.

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. Wolverine Resources's goodwill for the quarter that ended in Feb. 2025 was $0.00 Mil.

Wolverine Resources  (OTCPK:WOLV) 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.

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

Goodwill-to-Asset (A: May. 2024 )=Goodwill/Total Assets
=0/0.023
=

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

Goodwill-to-Asset (Q: Feb. 2025 )=Goodwill/Total Assets
=0/0.02
=

* 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.

Wolverine Resources Goodwill Related Terms

Wolverine Resources Goodwill Historical Data

* Premium members only.

The historical data trend for Wolverine 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.

Wolverine Resources Goodwill Chart

Wolverine Resources Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Wolverine Resources Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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

Wolverine 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of $0.00 Mil mean?
Wolverine Resources (WOLV) has a Goodwill of $0.00 Mil as of Feb. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Wolverine Resources and its competitors.
Is Wolverine Resources' Goodwill too high?
Wolverine Resources' current Goodwill is $0.00 Mil.
How does Wolverine Resources' Goodwill compare to NRHI and LBRMF?
Wolverine Resources' Goodwill of $0.00 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Goodwill depends on the Metals & Mining 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 Wolverine Resources and its competitors. Wolverine Resources'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 Wolverine Resources stock overvalued right now?
Wolverine Resources (WOLV) has a current Goodwill of $0.00 Mil. The current Goodwill is $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 Wolverine Resources (WOLV), the current Goodwill is $0.00 Mil as of Feb. 2025. 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.

Wolverine Resources Business Description

Address 11020-Williams Road, Suite 55, Richmond, BC, CAN, V7A 1X8
Wolverine Resources Corp is an exploration stage mining company engaged in the business of identification, acquisition, and exploration of metals and minerals with a focus on base and precious metals. Its projects include Labrador property located in Canada, which is also known as Cache river property, and Frog property.