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Black Canyon (ASX:BCA) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


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What is Black Canyon Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Black Canyon's Goodwill for the quarter that ended in Dec. 2024 was A$0.00 Mil. Black Canyon's Total Assets for the quarter that ended in Dec. 2024 was A$7.18 Mil. Therefore, Black Canyon's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


Black Canyon Goodwill-to-Asset Historical Data

The historical data trend for Black Canyon'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.

* Premium members only.

Black Canyon Goodwill-to-Asset Chart

Black Canyon Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Goodwill-to-Asset
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Black Canyon Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Black Canyon's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Black Canyon'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.


Black Canyon's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Black Canyon's Goodwill-to-Asset distribution charts can be found below:

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


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Black Canyon 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.

Black Canyon's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Goodwill to Asset (A: Jun. 2024 )=Goodwill/Total Assets
=0/6.266
=

Black Canyon's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=0/7.175
=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.


Black Canyon  (ASX:BCA) 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.


Black Canyon Goodwill-to-Asset Related Terms

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Black Canyon Business Description

Traded in Other Exchanges
N/A
Address
283 Rokeby Road, Subiaco, Perth, WA, AUS, 6008
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. It is also engaged in the Braeside, Oakover East, and Oakover West Projects, all part of the Carawine JV. The Braeside tenement contains high-grade hydrothermal manganese mineralisation at Woodie Woodie. Geographically, the company operates within Australia.

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