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Flex Labs (AQSE:FLEX) Goodwill-to-Asset : 0.00 (As of . 20)


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What is Flex Labs Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Flex Labs's Goodwill for the quarter that ended in . 20 was £0.00 Mil. Flex Labs's Total Assets for the quarter that ended in . 20 was £0.00 Mil.


Flex Labs Goodwill-to-Asset Historical Data

The historical data trend for Flex Labs'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.

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Flex Labs Goodwill-to-Asset Chart

Flex Labs Annual Data
Trend
Goodwill-to-Asset

Flex Labs Semi-Annual Data
Goodwill-to-Asset

Competitive Comparison of Flex Labs's Goodwill-to-Asset

For the Software - Infrastructure subindustry, Flex Labs'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.


Flex Labs's Goodwill-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Flex Labs's Goodwill-to-Asset falls into.


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Flex Labs 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.

Flex Labs's Goodwill to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill to Asset (A: . 20 )=Goodwill/Total Assets
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Flex Labs's Goodwill to Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill to Asset (Q: . 20 )=Goodwill/Total Assets
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* 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.


Flex Labs  (AQSE:FLEX) 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.


Flex Labs Goodwill-to-Asset Related Terms

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Flex Labs Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
401 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6B 5A1
Flex Labs Inc is a company that operates a software business engaged in the development of advanced artificial intelligence middleware products, intending to offer these to business customers through a software as a service model. The Company's main product is Flex Elements, a series of software tools, libraries, and platforms that provide intermediate services and functionalities to simplify the development, deployment, and operation of AI applications. The Flex Elements product abstracts the intricacies of AI processes, enabling smoother integration into existing software applications or systems.