Empatho Holdings (XCNQ:EMPH) Goodwill: C$0.00 Mil (As of Jul. 2023)

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What is Empatho Holdings Goodwill?

Empatho Holdings XCNQ:EMPH Goodwill is C$0.00 Mil as of Jul. 2023.

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. Empatho Holdings's goodwill for the quarter that ended in Jul. 2023 was C$0.00 Mil.

Empatho Holdings  (XCNQ:EMPH) 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.

Empatho Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Goodwill-to-Asset (A: Oct. 2022 )=Goodwill/Total Assets
=0/0.207
=

Empatho Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Goodwill-to-Asset (Q: Jul. 2023 )=Goodwill/Total Assets
=0/0.485
=

* 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.

Empatho Holdings Goodwill Related Terms

Empatho Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for Empatho Holdings'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.

Empatho Holdings Goodwill Chart

Empatho Holdings Annual Data
Trend Oct21 Oct22
Goodwill
0.00 0.00

Empatho Holdings Quarterly Data
Mar20 Jun20 Mar21 Jun21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Empatho Holdings 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?
Empatho Holdings (XCNQ:EMPH) has a Goodwill of C$0.00 Mil as of Jul. 2023. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Empatho Holdings and its competitors.
Is Empatho Holdings' Goodwill too high?
Empatho Holdings' current Goodwill is C$0.00 Mil.
How does Empatho Holdings' Goodwill compare to CRM and INTU?
Empatho Holdings' Goodwill of C$0.00 Mil can be compared against companies in the Software 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 Software company?
A good Goodwill depends on the Software 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 Empatho Holdings and its competitors. Empatho Holdings'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 Empatho Holdings stock overvalued right now?
Empatho Holdings (XCNQ:EMPH) 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 Empatho Holdings (XCNQ:EMPH), the current Goodwill is C$0.00 Mil as of Jul. 2023. 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.

Empatho Holdings Business Description

Address 804-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Empatho Holdings Inc is a virtual well-being firm. The principal business of the Corporation will be to enhance personal wellbeing through the use of proprietary artificial intelligence. The Corporation is building an app which uses proprietary, science-based solutions to provide tangible tools for employers to increase the bottom line by monitoring and enhancing employee wellbeing and engagement.