BRSF (Brain Scientific) Goodwill-to-Asset: 0.00 (As of Dec. 2022)

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BRSF Brain Scientific Inc BRSF
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What is Brain Scientific Goodwill-to-Asset?

Brain Scientific BRSF 10 Goodwill-to-Asset is 0.00 as of Dec. 2022. GuruFocus rates BRSF with a GF Score™ of 10/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Brain Scientific's Goodwill for the quarter that ended in Dec. 2022 was $0.00 Mil. Brain Scientific's Total Assets for the quarter that ended in Dec. 2022 was $11.74 Mil. Therefore, Brain Scientific's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 was 0.00.


Brain Scientific  (OTCPK:BRSF) 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.


Brain Scientific Goodwill-to-Asset Related Terms


Brain Scientific Goodwill-to-Asset Historical Data

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The historical data trend for Brain Scientific'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.

Brain Scientific Goodwill-to-Asset Chart

Brain Scientific Annual Data
Trend Dec21 Dec22
Goodwill-to-Asset
0.07 0.00

Brain Scientific Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Goodwill-to-Asset Get a 7-Day Free Trial 0.07 0.07 0.06 0.07 0.00

BRSF vs MOTS, BRSF, PBIO: Goodwill-to-Asset Comparison

For the Medical Devices subindustry, Brain Scientific'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.


Brain Scientific Goodwill-to-Asset vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Brain Scientific's Goodwill-to-Asset distribution charts can be found below:

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


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Brain Scientific 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.

Brain Scientific'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
=0/11.744
=0.00

Brain Scientific's Goodwill to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Goodwill to Asset (Q: Dec. 2022 )=Goodwill/Total Assets
=0/11.744
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Brain Scientific (BRSF) has a Goodwill-to-Asset of 0.00 as of Dec. 2022. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Brain Scientific and its competitors.
Is Brain Scientific's Goodwill-to-Asset too high?
Brain Scientific's current Goodwill-to-Asset is 0.00. Overall, Brain Scientific has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Brain Scientific's Goodwill-to-Asset compare to MOTS and BRSF?
Brain Scientific's Goodwill-to-Asset of 0.00 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Goodwill-to-Asset depends on the Medical Devices & Instruments 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 Brain Scientific and its competitors. Brain Scientific'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 Brain Scientific stock overvalued right now?
Brain Scientific (BRSF) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Brain Scientific's overall GF Score™ is 10/100. 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 Brain Scientific (BRSF), the current Goodwill-to-Asset is 0.00 as of Dec. 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.

Brain Scientific Business Description

Address 6700 Professional Parkway, Lakewood Ranch, FL, USA, 34240
Brain Scientific Inc is a medical technology company with two product lines: neurology products are medical devices and software products designed for the neurology market. and motion products are small piezoelectric motors that are designed for and expected to have valuable and beneficial uses as motors within medical devices and devices outside of the medical technology industry.
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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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