BTVRF (BlueRush) Goodwill-to-Asset: 0.00 (As of Apr. 2024)

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What is BlueRush Goodwill-to-Asset?

BlueRush BTVRF -99.88% Goodwill-to-Asset is 0.00 as of Apr. 2024.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. BlueRush's Goodwill for the quarter that ended in Apr. 2024 was $0.00 Mil. BlueRush's Total Assets for the quarter that ended in Apr. 2024 was $1.03 Mil. Therefore, BlueRush's Goodwill to Asset Ratio for the quarter that ended in Apr. 2024 was 0.00.


BlueRush  (OTCPK:BTVRF) 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.


BlueRush Goodwill-to-Asset Related Terms


BlueRush Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for BlueRush'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.

BlueRush Goodwill-to-Asset Chart

BlueRush Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BlueRush Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BTVRF vs VRTC, CTKYY, INSSF: Goodwill-to-Asset Comparison

For the Software - Application subindustry, BlueRush'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.


BlueRush Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, BlueRush's Goodwill-to-Asset distribution charts can be found below:

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



BlueRush 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.

BlueRush's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Goodwill to Asset (A: Jul. 2023 )=Goodwill/Total Assets
=0/2.177
=0.00

BlueRush's Goodwill to Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

Goodwill to Asset (Q: Apr. 2024 )=Goodwill/Total Assets
=0/1.03
=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?
BlueRush (BTVRF) has a Goodwill-to-Asset of 0.00 as of Apr. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on BlueRush and its competitors.
Is BlueRush's Goodwill-to-Asset too high?
BlueRush's current Goodwill-to-Asset is 0.00.
How does BlueRush's Goodwill-to-Asset compare to VRTC and CTKYY?
BlueRush's Goodwill-to-Asset of 0.00 can be compared against companies in the Software 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 Software company?
A good Goodwill-to-Asset depends on the Software 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 BlueRush and its competitors. BlueRush'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 BlueRush stock overvalued right now?
BlueRush (BTVRF) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 BlueRush (BTVRF), the current Goodwill-to-Asset is 0.00 as of Apr. 2024. 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.

BlueRush Business Description

Address 4711 Yonge Street, 10th Floor, Toronto, ON, CAN, M2N 6K8
BlueRush Inc offers Software as a Service-based content engagement platform. It operates in a single segment that is the provision of interactive personalized video and marketing software to financial institutions, insurance services, and pension funds. It develops and markets IndiVideo, which is an interactive video platform that drives return on investment through customer interactions and has applications in CCM providers, Financial Services, Insurance, and other sectors. It has also developed tools that focus on the financial services industry in areas such as mortgage, retirement planning, wealth management, taxation, and others. Its geographical segments include Canada; the United States, which is the key revenue driver; and others.