GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CRAFT 1861 Global Holdings Inc (OTCPK:BGPPF) » Definitions » Goodwill-to-Asset

CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is CRAFT 1861 Global Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. CRAFT 1861 Global Holdings's Goodwill for the quarter that ended in Sep. 2023 was $0.00 Mil. CRAFT 1861 Global Holdings's Total Assets for the quarter that ended in Sep. 2023 was $21.92 Mil.


CRAFT 1861 Global Holdings Goodwill-to-Asset Historical Data

The historical data trend for CRAFT 1861 Global Holdings'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.

CRAFT 1861 Global Holdings Goodwill-to-Asset Chart

CRAFT 1861 Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
- - - -

CRAFT 1861 Global Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of CRAFT 1861 Global Holdings's Goodwill-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, CRAFT 1861 Global Holdings'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.


CRAFT 1861 Global Holdings's Goodwill-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CRAFT 1861 Global Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where CRAFT 1861 Global Holdings's Goodwill-to-Asset falls into.



CRAFT 1861 Global Holdings 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.

CRAFT 1861 Global Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/0.831
=

CRAFT 1861 Global Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/21.919
=

* 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.


CRAFT 1861 Global Holdings  (OTCPK:BGPPF) 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.


CRAFT 1861 Global Holdings Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of CRAFT 1861 Global Holdings's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 Sun Avenue NE, Suite 650, Albuquerque, NM, USA, 87109
CRAFT 1861 Global Holdings Inc is a health and wellness company in the cannabinoid space. The company operates within the non-psychoactive, hemp-derived cannabidiol (CBD) market with consumer-packaged goods containing zero THC.

CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Headlines

No Headlines