Lords and Company Worldwide Holdings (XCNQ:LRDS) Goodwill: C$0.00 Mil (As of Aug. 2023)

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What is Lords and Company Worldwide Holdings Goodwill?

Lords and Company Worldwide Holdings XCNQ:LRDS Goodwill is C$0.00 Mil as of Aug. 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. Lords and Company Worldwide Holdings's goodwill for the quarter that ended in Aug. 2023 was C$0.00 Mil.

Lords and Company Worldwide Holdings  (XCNQ:LRDS) 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.

Lords and Company Worldwide Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Goodwill-to-Asset (A: Nov. 2022 )=Goodwill/Total Assets
=0/0.411
=0.00

Lords and Company Worldwide Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Goodwill-to-Asset (Q: Aug. 2023 )=Goodwill/Total Assets
=0/2.717
=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.

Lords and Company Worldwide Holdings Goodwill Related Terms

Lords and Company Worldwide Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for Lords and Company Worldwide 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.

Lords and Company Worldwide Holdings Goodwill Chart

Lords and Company Worldwide Holdings Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Aug20 Nov21 Nov22
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Lords and Company Worldwide Holdings 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

Lords and Company Worldwide 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?
Lords and Company Worldwide Holdings (XCNQ:LRDS) has a Goodwill of C$0.00 Mil as of Aug. 2023. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Lords and Company Worldwide Holdings and its competitors.
Is Lords and Company Worldwide Holdings' Goodwill too high?
Lords and Company Worldwide Holdings' current Goodwill is C$0.00 Mil.
How does Lords and Company Worldwide Holdings' Goodwill compare to ZTS and CTLT?
Lords and Company Worldwide Holdings' Goodwill of C$0.00 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Goodwill depends on the Drug Manufacturers 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 Lords and Company Worldwide Holdings and its competitors. Lords and Company Worldwide 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 Lords and Company Worldwide Holdings stock overvalued right now?
Lords and Company Worldwide Holdings (XCNQ:LRDS) 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 Lords and Company Worldwide Holdings (XCNQ:LRDS), the current Goodwill is C$0.00 Mil as of Aug. 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.

Lords and Company Worldwide Holdings Business Description

Address 409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Lords and Company Worldwide Holdings Corp develops, produces, and markets lifestyle apparel and natural health products through its e-Commerce platform to retail, B2B and B2C, consumers in North America and Europe utilizing its proprietary direct-to-consumer platform. Through continuous strategic white labelling, Lords has a footprint in the nutraceutical product markets.