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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Arma Services's Goodwill for the quarter that ended in Jul. 2023 was $0.88 Mil. Arma Services's Total Assets for the quarter that ended in Jul. 2023 was $1.11 Mil.
Arma Services (OTCPK:ARMV) 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.
Arma Services Goodwill-to-Asset Related Terms
Arma Services Goodwill-to-Asset Historical Data
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The historical data trend for Arma Services'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.
ARMV vs ONVC, LQLY, NNAX: Goodwill-to-Asset Comparison
For the Lumber & Wood Production subindustry, Arma Services'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.
Arma Services Goodwill-to-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Arma Services's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Arma Services's Goodwill-to-Asset falls into.
* 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.
Arma Services (ARMV) has a Goodwill-to-Asset of 0.80 as of Jul. 2023. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Arma Services and its competitors.
Is Arma Services' Goodwill-to-Asset too high?
Arma Services' current Goodwill-to-Asset is 0.80.
How does Arma Services' Goodwill-to-Asset compare to ONVC and LQLY?
Arma Services' Goodwill-to-Asset of 0.80 can be compared against companies in the Forest Products 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 Forest Products company?
A good Goodwill-to-Asset depends on the Forest Products 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 Arma Services and its competitors. Arma Services's current Goodwill-to-Asset is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arma Services stock overvalued right now?
Arma Services (ARMV) has a current Goodwill-to-Asset of 0.80. The current Goodwill-to-Asset is 0.80. 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 Arma Services (ARMV), the current Goodwill-to-Asset is 0.80 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.
Arma Services Inc is a holding company, that operates through its subsidiary specializing in Forestry Management and creating Carbon Offsets, and in developing methodologies of carbon capture in agricultural crop applications.
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