AICOF (Generative AI Solutions) Goodwill-to-Asset: 0.00 (As of Oct. 2024)

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AICOF Generative AI Solutions Corp AICOF
34 GF Score
Price $0.01
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What is Generative AI Solutions Goodwill-to-Asset?

Generative AI Solutions AICOF 34 Goodwill-to-Asset is 0.00 as of Oct. 2024. GuruFocus rates AICOF with a GF Score™ of 34/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Generative AI Solutions's Goodwill for the quarter that ended in Oct. 2024 was $0.00 Mil. Generative AI Solutions's Total Assets for the quarter that ended in Oct. 2024 was $2.53 Mil. Therefore, Generative AI Solutions's Goodwill to Asset Ratio for the quarter that ended in Oct. 2024 was 0.00.


Generative AI Solutions  (OTCPK:AICOF) Goodwill-to-Asset Explanation

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.


Generative AI Solutions Goodwill-to-Asset Related Terms


Generative AI Solutions Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Generative AI Solutions's Goodwill-to-Asset 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.

Generative AI Solutions Goodwill-to-Asset Chart

Generative AI Solutions Annual Data
Trend Feb22 Jan23 Jan24
Goodwill-to-Asset
0.00 0.00 0.00

Generative AI Solutions Quarterly Data
May20 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Goodwill-to-Asset 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 0.00 0.00 0.00 0.00 0.00

AICOF vs QH, TRSO, OBLG: Goodwill-to-Asset Comparison

For the Software - Application subindustry, Generative AI Solutions's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Generative AI Solutions Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Generative AI Solutions's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Generative AI Solutions's Goodwill-to-Asset falls into.


AICOF
34GF Score
Generative AI Solutions Corp AICOF
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Generative AI Solutions Goodwill-to-Asset Calculation

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.

Generative AI Solutions's Goodwill to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Goodwill to Asset (A: Jan. 2024 )=Goodwill/Total Assets
=0/3.622
=0.00

Generative AI Solutions's Goodwill to Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Goodwill to Asset (Q: Oct. 2024 )=Goodwill/Total Assets
=0/2.528
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Generative AI Solutions (AICOF) has a Goodwill-to-Asset of 0.00 as of Oct. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Generative AI Solutions and its competitors.
Is Generative AI Solutions' Goodwill-to-Asset too high?
Generative AI Solutions' current Goodwill-to-Asset is 0.00. Overall, Generative AI Solutions has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Generative AI Solutions' Goodwill-to-Asset compare to QH and TRSO?
Generative AI Solutions' Goodwill-to-Asset of 0.00 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-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Generative AI Solutions and its competitors. Generative AI Solutions's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generative AI Solutions stock overvalued right now?
Generative AI Solutions (AICOF) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Generative AI Solutions' overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Generative AI Solutions (AICOF), the current Goodwill-to-Asset is 0.00 as of Oct. 2024. 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.

Generative AI Solutions Business Description

Address 550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.
34GF Score

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