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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. CES Energy Solutions's Goodwill for the quarter that ended in Mar. 2026 was $48 Mil. CES Energy Solutions's Total Assets for the quarter that ended in Mar. 2026 was $1,235 Mil.
Therefore, CES Energy Solutions's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.04.
CES Energy Solutions (OTCPK:CESDF) 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.
CES Energy Solutions Goodwill-to-Asset Related Terms
CES Energy Solutions Goodwill-to-Asset Historical Data
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The historical data trend for CES Energy Solutions'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.
CESDF vs SLB, BKR, FTI: Goodwill-to-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.
CES Energy Solutions Goodwill-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CES Energy Solutions's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where CES Energy Solutions's Goodwill-to-Asset falls into.
* 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.
CES Energy Solutions (CESDF) has a Goodwill-to-Asset of 0.04 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on CES Energy Solutions and its competitors.
Is CES Energy Solutions' Goodwill-to-Asset too high?
CES Energy Solutions' current Goodwill-to-Asset is 0.04. Overall, CES Energy Solutions has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CES Energy Solutions' Goodwill-to-Asset compare to SLB and BKR?
CES Energy Solutions' Goodwill-to-Asset of 0.04 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Goodwill-to-Asset depends on the Oil & Gas 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 CES Energy Solutions and its competitors. CES Energy Solutions's current Goodwill-to-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, CES Energy Solutions (CESDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.74, compared to a current price of $13.50 — trading 100.3% above its estimated fair value. The current Goodwill-to-Asset is 0.04. CES Energy Solutions' overall GF Score™ is 77/100 with 1 warning sign to review. 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 CES Energy Solutions (CESDF), the current Goodwill-to-Asset is 0.04 as of Mar. 2026. 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.
Is CES Energy Solutions (CESDF) Overvalued in 2026?
Based on GuruFocus' analysis, CES Energy Solutions stock appears to be overvalued.
The current stock price of $13.50 is trading 100.3% above its estimated GF Value™ of $6.74.
GuruFocus considers CES Energy Solutions to be Significantly Overvalued.
Key valuation signals for CESDF:
Goodwill-to-Asset: 0.04
GF Value™: $6.74 vs. price of $13.50 (100.3% above fair value)
No single metric tells the full story. See the CESDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CES Energy Solutions Corp business is to design, implement, and manufacture consumable fluids and specialty chemicals for the North American oil and gas industry. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.
77GF Score
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