AXAC (AXIOS Sustainable Growth Acquisition) Goodwill-to-Asset: 0.00 (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AXAC AXIOS Sustainable Growth Acquisition Corp AXAC
22 GF Score
Price $10.43
View Full Analysis

What is AXIOS Sustainable Growth Acquisition Goodwill-to-Asset?

AXIOS Sustainable Growth Acquisition AXAC 22 Goodwill-to-Asset is 0.00 as of Sep. 2022. GuruFocus rates AXAC with a GF Score™ of 22/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. AXIOS Sustainable Growth Acquisition's Goodwill for the quarter that ended in Sep. 2022 was $0.00 Mil. AXIOS Sustainable Growth Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $177.66 Mil.


AXIOS Sustainable Growth Acquisition  (OTCPK:AXAC) 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.


AXIOS Sustainable Growth Acquisition Goodwill-to-Asset Related Terms


AXIOS Sustainable Growth Acquisition Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for AXIOS Sustainable Growth Acquisition'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.

AXIOS Sustainable Growth Acquisition Goodwill-to-Asset Chart

AXIOS Sustainable Growth Acquisition Annual Data
Trend Dec21
Goodwill-to-Asset
0.00

AXIOS Sustainable Growth Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22
Goodwill-to-Asset 0.00 0.00 0.00 0.00

AXAC vs CENQ, TPBA, ISAA: Goodwill-to-Asset Comparison

For the Shell Companies subindustry, AXIOS Sustainable Growth Acquisition'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.


AXIOS Sustainable Growth Acquisition Goodwill-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AXIOS Sustainable Growth Acquisition's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where AXIOS Sustainable Growth Acquisition's Goodwill-to-Asset falls into.


AXAC
22GF Score
AXIOS Sustainable Growth Acquisition Corp AXAC
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AXIOS Sustainable Growth Acquisition 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.

AXIOS Sustainable Growth Acquisition's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill to Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/0.625
=

AXIOS Sustainable Growth Acquisition's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Goodwill to Asset (Q: Sep. 2022 )=Goodwill/Total Assets
=0/177.663
=

* 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?
AXIOS Sustainable Growth Acquisition (AXAC) has a Goodwill-to-Asset of 0.00 as of Sep. 2022. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on AXIOS Sustainable Growth Acquisition and its competitors.
Is AXIOS Sustainable Growth Acquisition's Goodwill-to-Asset too high?
AXIOS Sustainable Growth Acquisition's current Goodwill-to-Asset is 0.00. Overall, AXIOS Sustainable Growth Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does AXIOS Sustainable Growth Acquisition's Goodwill-to-Asset compare to CENQ and TPBA?
AXIOS Sustainable Growth Acquisition's Goodwill-to-Asset of 0.00 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Goodwill-to-Asset depends on the Diversified Financial Services 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 AXIOS Sustainable Growth Acquisition and its competitors. AXIOS Sustainable Growth Acquisition'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 AXIOS Sustainable Growth Acquisition stock overvalued right now?
AXIOS Sustainable Growth Acquisition (AXAC) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. AXIOS Sustainable Growth Acquisition's overall GF Score™ is 22/100. 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 AXIOS Sustainable Growth Acquisition (AXAC), the current Goodwill-to-Asset is 0.00 as of Sep. 2022. 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.

AXIOS Sustainable Growth Acquisition Business Description

Address 14090, Hopewell Road, Hidden Pines Farm, Alpharetta, GA, USA, 3004
AXIOS Sustainable Growth Acquisition Corp is a blank check company.
22GF Score

Get the complete analysis for AXAC

Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.43
Price